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Investors Dont See Vgtm As A Good Place To Invest.


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The illogical rise in prices of land may act as a stumbling block for growth

Potential investors considering investing in the capital region of Andhra Pradesh are in for a shock as the realty market around Vijayawada is competing with that of California, in the U.S. Added to the existing rush is the proposed 26 km metro rail project by the metro man E. Sreedharan, which is all set to catapult the market price further.

The illogical rise in prices of land — residential and office spaces — may act as a stumbling block for the growth according to the industry bodies and NRIs. Bankers too opine that such a scenario would prove to be counter-productive to the expected industrial eco-system.

The California-based NRI K. Ajay, who was contemplating investing in the VGTM (Vijayawada- Guntur-Tenali-Mangalagiri) region, which is declared to be the capital of the State, was put off by the mad realty rush. “This is a never-before-price and there is no logic behind it. When I make a realistic comparison, land around California is cheaper than Vijayawada. Investing here doesn’t make any business sense” he said.

While an acre near Livemore in California costs about Rs. 5.5 crore, the same stretch is priced at Rs. 24 crore beside Bandar Road on the outskirts of Vijayawada, over Rs. 20 crore near Gannavaram airport and more than Rs.15 crore near Mangalagiri according to Ajay.

The Confederation of Indian Industries (CII) Vijayawada zone chairman V.V.M. Krishna is of the opinion that the development is definitely a setback for the potential investors. “Not a happy situation. Industrialists are expected to invest on machinery and other aspects besides land. The break-even period will be delayed significantly which may discourage potential investors,” he felt.

:3D_Smiles:  :3D_Smiles:

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Posted

1998 ki Mundu hyd lo hitech city cyberbad madhapur gachibowli necklace road ila ivemi topu kada it's one mans vision which played a great role and rest is what you see now

as there is a visionary leader vgtm gets investments in no time just wait and see

Posted

anyways idhe final conclusion avudhi kada :  V.V.M krishna oka jaffa ..   tumblr_mqb6wzSo791spvnemo1_250_01.gif?14

Posted

1998 ki Mundu hyd lo hitech city cyberbad madhapur gachibowli necklace road ila ivemi topu kada it's one mans vision which played a great role and rest is what you see now

as there is a visionary leader vgtm gets investments in no time just wait and see


Same cheddam ante land prices compare cheyali ga


Asala mamulgane bza land prices were equal to bhills and jhills.

Inka ee capital anesariki kotlu chepukunta kurchunnar

Govt sealing act tesukochi land nokki parite digi ostar appudu bza oolu
Posted

Same cheddam ante land prices compare cheyali ga
Asala mamulgane bza land prices were equal to bhills and jhills.
Inka ee capital anesariki kotlu chepukunta kurchunnar
Govt sealing act tesukochi land nokki parite digi ostar appudu bza oolu


That's the reason he is not building capital in vza it's. on the other side of krishna river starting from seethanagaram
Posted

Same cheddam ante land prices compare cheyali ga


Asala mamulgane bza land prices were equal to bhills and jhills.

Inka ee capital anesariki kotlu chepukunta kurchunnar

Govt sealing act tesukochi land nokki parite digi ostar appudu bza oolu

 

I appreciate your efforts to explain stuff bro.. kaani manam enthacheppina kontha mandi vinaru.. 

Posted

land pulling is the only option left.

 

Already aa act kuda vadukovalani ranagam siddam chesedad sandra bob.. akharki pichollu ayyedi middle class janam..

Posted

I appreciate your efforts to explain stuff bro.. kaani manam enthacheppina kontha mandi vinaru..


Vinadam....vinakapovadam...neeku endhuku....nuvvu emanna invest chesthunnava??? Why drawer tearing??
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