Tata Investments to Boost Housing Rates in Vijayawada

1. Vijayawada is now the most spoken word in mouths of AP Investors, as it is very close to the New Capital city Amaravathi and also it has two main National Highways passing through it. Its infrastructure allows It to become no 1 among all other places in Andhra Pradesh. It has every Transport facilities like Rail, Road and Air. The Vijayawada Railway Junction is the main linkage for some main Railway routes in India. Due to all these factors there is a huge demand for housing Projects in Vijayawada, People are searching for 2 BHK Apartments for sale in Vijayawada. As it is very close to new capital Amaravathi, people are showing interest to live in Vijayawada. AP Government is committed to the development of Amaravathi; already AP Chief Minister N.C.Naidu has been pooling many investments to Amaravathi.

2. The Amaravathi region comprises of Vijayawada, Guntur, and Mangalagiri region. Mainly this comes along the NH 16 Highway. This place near NH 16 Highway is the point of Interest for many investors as this is very accessible from all other parts of the state. There are many companies who are investing in Amaravathi; recently AP IT Minister Nara Lokesh has inaugurated 12 IT Companies at a new IT Park which is built at Amaravathi region. Recently on AUG 28 2018 Chief Minister Nara Chandra Babu Naidu has met some business persons at Mumbai, in this meet he has Chairmen of Tata Sons Rathan Tata and explained about the advantages for early investors in Amaravati. In his meet Naidu said that AP government is trying to give some subsidies to early investors at Amaravathi and later they may impose some tax for late investors.

3. He also requested Rathan Tata to start Electric Vehicles manufacturing units at Amaravathi or Vijayawada region and help topromote green mobility by introducing e-buses in Amaravati. In this meet Rathan Tata has showed interest to invest in Andhra Pradesh region, they have also discussed about the investing in Hotels and Resorts in AP. Naidu also requested the group to introduce Vistara air services from Vijayawada. Later a MOU of 500 crore Investment by Prama Hikvison company AP Government was happened in the presence of Mr. Naidu. The project will bring an investment of approximately Rs 500 crore, which is expected to generate 1,000 direct and indirect jobs and more in auxiliary industries, said a statement.

4. All these investments are going to generate a lot of jobs in the region and will defiantly there arise a situation where all these people will search for homes. The Real estate in Amaravathi region has boosted up after the declaration of Capital region, land prices has gone up to 100 per cent. Already many Government and IT officials who previously stayed at Hyderabad have moved to Vijayawada and are in need of 2 BHK Apartments for sale in Amaravathi. Many big real estate companies are having their ventures at Amaravathi region, but Grand Project Capitol is the best among them. Being developed by Kavuri Hills developers Grand Project is a High rise gated community apartments near NRI Hospitals Vijayawada.

5. Kavuri Hills Developers are a progressive and quality-conscious group headquartered near Madhapur, Hyderabad. Since their inception they have successfully completed good number of landmark projects of which one of them is Kavurihills, The layout was prepared in 1988 and ready for construction. There is a huge demand for Luxury Flats in Vijayawada, keeping this in mind Grand Project is designed with high end Amenities which are uncommon in other projects in the region. Living at CAPITOL, You will agree, has its share of perks. You have the privacy of your own residence, the lifestyle of a plush resort with more green areas, the security of a gated community and the advantage of having like - mined individuals as neighbours. So, if you are searching for 2 or 3 BHK Apartments for sale in Vijayawada or Amaravathi Grand Project-Capitol will be the best option.