AP News: The Lok Sabha election results were recently made public. It is known that Andhra Pradesh also had assembly elections. According to the assembly results, the TDP, led by Chandrababu Naidu, will form the state’s administration if it does well. Meanwhile, word has leaked out that the cost of land in Amaravati city has doubled over the past three days following the assembly’s results. The cost of land has skyrocketed in this area.
Surge in Land Values
According to information Amaravati’s land values have skyrocketed following the outcomes of the Andhra Pradesh assembly elections. Many people think that this is the result of Chandrababu Naidu’s statements on Amaravati’s development into Andhra Pradesh’s “green capital.” On June 12 in Amaravati, Chandrababu Naidu is expected to take the oath of office as chief minister, according to sources. 2014–2019 saw Chandrababu Naidu serve as the state’s chief minister. Amaravati was to become the capital at the time, according to Chandrababu Naidu’s proposal.
Amaravati’s Strategic Location
His goal was to increase the environmental prosperity of Amaravati, the capital of Greenfield. The metropolis, which consists of 29 villages, is situated between the towns of Vijayawada and Guntur. The report indicates that the cost of land in this area has increased from Rs. 30,000 to Rs. 60,000 per square yard.
Let us inform you that there is a significant demand for land in Amaravati that is close to the Central Government, High Court, Legislative Assembly, Secretariat, and educational institutions. The fact that bids to purchase land are coming from both inside and outside the nation is crucial.
Chandrababu Naidu’s Return
We would like to inform you that Chandrababu Naidu will become the new Chief Minister of Andhra Pradesh on June 12th. It is anticipated that Narendra Modi will be able to attend this function concurrently. Simultaneously, farmers are expecting Amaravati to develop once Chandrababu Naidu takes over as Chief Minister.
