Hindustan Times-Property transactions rise, land rates stabilise in Andhra Pradesh's Amaravati, say experts
Land prices in Andhra Pradesh's greenfield capital city of Amaravati, which recorded a sharp surge when Chandrababu Naidu-led Telugu Desam Party returned to power with a thumping majority in the state assembly polls in June 2024, have now stabilised and transactions have increased in the region, according to experts who spoke to HT.com.
“Land prices doubled when the current government was formed, and they're likely to double or more than double further over the next 24 months,” said G Hari Babu, national president of NAREDCO.
