NRI Land Buyers In Amaravati Feel Cheated |

[kothavani]

10 minutes ago, bhaigan said:

asalu common man's capital aa cheppu Amaravati

Peoples capital ayina vision leni niku @Android_Halwa ki  @snoww ki ardam kaadu le there is some intellectual thinking needed to understand the story behind amaravathi 

[utterwaste]

17 minutes ago, bhaigan said:

asalu common man's capital aa cheppu Amaravati

ee statement tho emi convey cheyyali anukuntunnav? 

[snoww]

49 minutes ago, bhaigan said:

chala mandi unnaru for example @tacobell fan

Taco vuncle vi ancestor properties. Didn't bought anukunta.

[snoww]

1 hour ago, JambaKrantu said:

Just complete the existing buildings and roads there and the prices will creep back quickly. Undavalli Penumaka Nawuluru no price change as of today.. Only interior villages saw a steep price drop..

Buildings roads complete sesina kooda guntur highway vadilesi antha lopatiki enduku kontaaru when capital PPTs are out of question. 

[Anta Assamey]

[Anta Assamey]

2 minutes ago, snoww said:

Buildings roads complete sesina kooda guntur highway vadilesi antha lopatiki enduku kontaaru when capital PPTs are out of question. 

There is a road already from Guntur to Capital Region which is also being upgraded bro ...

[utterwaste]

deeniki emi answer undadhu 

 

 

[JambaKrantu]

16 minutes ago, snoww said:

Buildings roads complete sesina kooda guntur highway vadilesi antha lopatiki enduku kontaaru when capital PPTs are out of question. 

Undavalli penumaka nawluru areas are very close to Guntur highway

[Ryzen_renoir]

18 minutes ago, JambaKrantu said:

Undavalli penumaka nawluru areas are very close to Guntur highway

Undavali and punumaka already had good rates even before amaravathi was proposed . They got a little boost but no one can touch them . 

Amaravathi lo land pooling cheyalani chaala try chesaru , land acquisition chesta ani Narayana comedy chesadu . State budget sagam pedithey kaani acquire cheyaleru ,Official government rates ey chaala ekkuva 

[nokia123]

3 hours ago, bhaigan said:

 

Whether anybody agrees or not, it is a fact that Amaravati, the hitherto capital region of Andhra Pradesh had virtually become a real estate venture during the Chandrababu Naidu regime.

Several farmers, who were allotted plots in lieu of their lands surrendered to the state government under land pooling scheme, had sold their plots for various needs.

Most of those who had bought their plots were Non-Resident Telugus, hoping that they would reap rich profits if the capital materialises.

In fact, some NRI has made this sale and purchase of plots a big business.

According to sources, a prominent Telugu NRI had bought a good number of plots at cheaper rates and sold them to his friends in the US at a rate three to four times of the original cost.

Some of the NRI who bought these plots also indulged in second-sales. But after the change of power in the state last year and the Jagan Mohan Reddy government dumped Amaravati, things changed drastically.

With Jagan deciding to shift the administrative capital to Visakhapatnam, the land rates in Amaravati have plummeted.

As a result, the Telugu NRIs who invested huge amounts in these plots business suffered huge losses. They are said to be questioning their friend who sold the plots to them as to why he had cheated.

Apparently, he tried to convince them that the capital would remain at Amaravati as TDP president N Chandrababu Naidu would go all out to stall the capital shift.

However, all their hopes are now shattered with the Jagan government reintroducing the three capitals bill in the state assembly last month. They have no option to silently suffer.

They can’t even complain to the police because it is a land business and price fluctuations are very common in real estate sector.

So, the Telugu NRIs have lost all their hard savings by betting on Amaravati real estate business. But they have none but to blame themselves!

Who is that one prominent telugu NRI?

[bhaigan]

Just now, nokia123 said:

Who is that one prominent telugu NRI?

you should find him ?

[Android_Halwa]

Feel cheated emundi...

Land ichinollu muniginaru...dani mida fikar ledu kani land konnollu muniginaru anta..

[Assam_Bhayya]

8 minutes ago, nokia123 said:

Who is that one prominent telugu NRI?

 

5 minutes ago, bhaigan said:

you should find him ?

Clue: Dallaspuram

[Veeramaachineni]

lol tannandi ra nakka and pappu gallani pattukoni

[snoww]

56 minutes ago, JambaKrantu said:

Undavalli penumaka nawluru areas are very close to Guntur highway

Yeah. Villages near highways will surely have demand in future if not now. Lopala vunnavi might take many years time to get back to previous highs.