Amaravati ORR Project Fuels Real Estate Boom
Representative AI image 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…