Real estate prices are set to skyrocket around Vijayawada following announcement by Andhra Pradesh government that the new capital would be located near the Vijayawada.The land prices started shooting up in the region after media reports indicated that the area is "being considered" for establishing new capital.
Some villages which was less known to people turned as hot hubs for realtors. There are total 17 villages around Vijayawada and Guntur and the fate of the villages will expected to change in overnight.These villages will develop in likes of Jubilee hills ;Banjara hills and Madapur and Kondapur.
Below are the villages which may call as Future Jubilee hills of Andhra Pradesh
Tullur,Nekkallu, Kuragallu, Mandadam, Velagapudi, Uddandarayunipalem, Rayapudi, Dondapadu, Neerukonda, Borupalem, Nelapadu, Sakhamuru, Nidamarru, Malkapuram, Mudha Lingayapalem, Lingayapalem and Abbarajupalem
As per reports the government is going to take a key decision on Oct 30 in this regard.It is planning to allot 30,000 acres of land for AP capital. The government has zeroed in on these villages in view of the absence of highpriced paddy fields there