VIJAYAWADA: The Amaravati Outer Ring Road (ORR) project is igniting a substantial real estate boom in areas surrounding the capital. With land acquisition accelerating and gazette notifications in progress, property prices near the proposed route have soared, showing one of the sharpest increases in recent years.
Notable price hikes are occurring in regions like Kanchikacherla (NTR district), Agiripalli–Pottipadu (Eluru and Krishna districts), and around Kankipadu, where real estate firms are actively seeking investment opportunities. Locals report that land values in several areas have surged by nearly 35% within just a few weeks.
Residents attribute this increase to the confirmation that the ORR will run close to their villages. N. Ramana from Gopalapuram village in Agiripalli mandal expressed optimism: “Prominent companies are showing interest in establishing ventures here. We hope the ORR paves the way for development in our locality.” Farmers, who previously faced challenges with pest infestations in mango orchards, are now entering agreements with real estate developers, anticipating better financial returns than from agriculture.
The Amaravati ORR is planned as a 190-km, six-lane expressway equipped with two service roads on each side, surpassing Hyderabad’s 158-km ORR. This significant project impacts 121 villages across 23 mandals in five districts, with a budget of ₹24,791 crore. It will be divided into 12 phases, with the Andhra Pradesh government allocating ₹3,117 crore for land acquisition and associated infrastructure.
The Detailed Project Report (DPR) has been submitted to the National Highways Authority of India (NHAI). In the meantime, the Central Government has commenced the release of district-wise Gazette Notification 3A, starting with Palnadu, which lists affected villages, survey numbers, and farmers. Notifications for other districts are anticipated shortly.
This momentum is intensifying speculation, with heightened developer activity noted along Agiripalli and Idara Road near Vijayawada. Areas around Kankipadu are also emerging as appealing prospects in anticipation of ORR-related infrastructure development.
Furthermore, the nearing completion of the Vijayawada West Bypass has resulted in a doubling of land prices in Gollapudi and Jakkampudi (Mylavaram constituency), with prices previously at ₹10,000 per yard now nearing ₹20,000, pointing to escalating demand in the region.
