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Due to the recent market inflation, many real estate markets saw fewer investments. Yet, NRI investments saw an upward trend in Vijayawada real estate. NRIs are buying farmlands and almost 600 acres bought by NRIs around it.<br>
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Top Highlights of Vijayawada for Investment Grand Project Capitol
There has been the involvement of Non-Resident Indians (NRI) and big investments from local financiers. • Owners of transport companies, and malpractices of real estate firms function under the jurisdiction of Vijayawada-Guntur-Mangalargiri-Tenali Urban Development Authority. • Due to the recent market inflation, many real estate markets saw fewer investments. Yet, NRI investments saw an upward trend in Vijayawada real estate. NRIs are buying farm lands and almost 600 acres bought by NRIs around it. NRI Investment in Vijayawada
This sudden rush in prices has leaded the government to interfere. Rising prices can hamper its plan to build its as a business capital city. Steps such as banning of converting agriculture land to villas in Vijayawada. To avoid corrupt investors from causing inconvenience, the government has made it mandatory for companies to register their plots in advance. Also, they have put in place regulations making it essential for buyers to be present at the time of registration. The present situation is reminiscent of real estate scenario in Hyderabad in the early 2000s. Being said, it is a golden period for investors who can make easy millions by investing in Luxury Township Projects in Vijayawada real estate projects. Government initiative to Push Vijayawada Real Estate :
Vijayawada has all these: • Land – National highways 5 and 9, Inner and Outer ring roads. Bridges and flyovers connecting CRDA region (Vijayawada, Guntur, Tenali, Mangalagiri, Amaravathi). • Air –Gannavaram International airport • Water – Machilipatnam port and Buckingham canal development. • Road – One of the Biggest Bus station among Asia • Rail –Biggest Railway junction classified as A1 status. Other Highlights:
IT Park: There will be an IT park in Vijayawada’s pipeline. The project will come up on the 32 acre site at Kesarapalli opposite Gannavaram airport. • Software Park: The District Administration is considering constructing a software park. The entire land belongs to Government Polytechnic College and ITI in the city. • Grand Project Capitol:Introducing “Grand Project Capitol”, A First of its Kind Luxury Gated Community Project offering Gated Community Flats in Amaravathiand Duplex Apartments in Vijayawada, Amaravati with Great Lifestyle Amenities surrounded by very good social infrastructure. • The awesome real estate project “Grand Project Capitol” is developed by the collaborative effort of both M/S Kavuri Hills Developers and M/s Kesineni Developers. • So, here we showed you the future development of Vijayawada real estate. Upcoming Real Estate Projects in Vijayawada