Vijayawada: Real estate business rumbles significantly

Vijayawada: Soon after the announcement on the capital city of Andhra Pradesh, the real estate business in Vijayawada and surround areas has at once boomed up. After a long stagnated Real Estate Business, now, the realtors in Vijayawada visualize good time for their business. As all hurdles concerning the new capital city of the residuary have almost come to an end, the realtors experience the roaring to regain to its peak, as never before. More over already the prices have reached its peak. The lands near Mangalagiri have already attained the maximum possible prices and are sold like hot cakes.

Ever since the Telangana agitation took a turn in the end of 2009, the real estate business started fluctuating in the region in general, and in the entire state as a whole. Those involved in this business had a tough time and faced lot many problems. They were not even able to pay the interest on the loans obtained from the banks. Nevertheless, the changing situation would surely bring good time back for the realtors.

It is the common man who always remains far away from owning the assets. As usual, the real-estate boom would widen the gap between the sectors of the society.