The capital city of Amaravati, which was largely written off during the YSRCP government, is now witnessing renewed growth. Under Andhra Pradesh Chief Minister Chandrababu Naidu, development activity has picked up across the capital region.
This change has revived confidence among investors and residents.
Real estate, which earlier saw a prolonged slowdown as buyers waited for visible development, is now gaining momentum. Land prices around Amaravati have risen by nearly 20 to 30 percent. This increase is mainly driven by the upcoming Amaravati Outer Ring Road project.
The impact of the Amaravati ORR is clearly visible in nearby regions. Areas around Vijayawada, including Kanchikacherla, the Agiripalli-Pottipadu belt, and Kankipadu, recorded a sharp 25 to 30 percent price surge. This growth happened within just two weeks.
Investor interest is now moving beyond city limits due to steady progress in ORR works. Real estate activity is gradually shifting outward along proposed infrastructure corridors. Buyers are actively exploring options in emerging zones.
For several years, the Amaravati capital region witnessed a dull phase in real estate. With fresh proposals for road connectivity and residential and office developments, investor confidence has returned. Rising demand and limited supply have naturally pushed prices higher.
Realty experts say prices could rise further once the iconic towers and office buildings near completion. At present, landowners are trying to capitalise on strong buyer sentiment. The market remains active and optimistic.