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More to-let boards in Vijayawada due to high rentals, no works in Amaravati - Maha Tv

Thu, Oct 17, 2019, 10:32 AM
More to-let boards can be seen in localities like Benz Circle, Patamata, Currency Nagar, Gurunanak Nagar and Chandrababu Naidu Colony in Vijayawada city because of higher rentals and no construction activity in Amaravati. Owners not willing to reduce rents to increase occupancy and leaders of the ruling party are preferring to stay in Tadepalli where Chief Minister YS Jagan Mohan Reddy’s residence is located. After state bifurcation, rents have increased abnormally in Vijayawada after the TDP government declared Amaravati as the capital of Andhra Pradesh.
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