Vijayawada MP Kesineni Sivanath credits coalition government's construction-friendly policies for strong revival in local real estate. Easy sand access and mega city plans boost sector confidence.
Vijayawada gears up for the 11th CREDAI property show from January 9-11 at A Convention Centre. The three-day event features 50 stalls from builders, banks, and infrastructure firms, with daily lucky draws offering ₹1 lakh in gold and diamond prizes.
Vijayawada's property market advanced steadily in 2025 with firm residential demand, yet missed boom expectations tied to Amaravati's capital push. Land prices near the capital rose 15-20% since early 2024.
India's top cities saw residential sales drop sharply to 98,019 units in October-December, the weakest quarter since mid-2021 despite rate cuts and festive demand.
Luxury hotel groups Taj and Leela have expressed interest in converting the controversial Rushikonda complex in Visakhapatnam into a premium hospitality venue.
