Gleam Amidst Downturn as AP Goes Through Real Estate Boom :
Many parts of the country might be reeling under pressure engulfing the real estate scenario under a cloud of doubt, but this is not the case when it comes to the state of Andhra Pradesh.
Notwithstanding the ongoing gloom in real estate segment, the state of Andhra Pradesh is witnessing a real estate boom, primarily driven by the recent bifurcation of the state.
As part of this boom, the property registrations in Andhra Pradesh are almost doubling in the 13 districts of the state, during the last few months when compared to the same period last year.
According to real estate experts, there are number of people who are looking forward to capitalizing on the new opportunities being opened up with the creation of two states.
As part of this keen interest to own land or newly constructed housing, Krishna and Guntur districts are showing most of the activity from real estate investors.
This sudden spurt in land registrations is set to create more opportunities for the real estate and is also creating a good example in front of the nation. Especially at a time when other parts are experiencing limited number of customer footfalls in this sector.
This is also likely to continue further ahead, as there is good market opportunity and also there is a lot of land to be acquired in this region. Both these factors are set to shine bright and create more real estate driven opportunities in the state of Andhra Pradesh.