By: Rajni Pandey | June 6, 2024
Naidu's Political Comeback
Chandrababu Naidu's return to Andhra politics with the Telugu Desam Party (TDP) is a game-changer for Amaravati. Once sidelined as ghost city, Amaravati is now poised to reclaim its status as the capital.
Image Credit: PTI
Amaravati in the Spotlight
Since Andhra Pradesh's bifurcation in 2014, Amaravati's fate has been uncertain. Chandrababu Naidu's renewed commitment to making it the state capital has brought the city back into the limelight, stirring hope among residents and investors.
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Property Price Surge
In just a few days, property prices in Amaravati have surged by 20-30%. This sudden spike reflects the renewed confidence in Naidu's vision and the city's potential as a thriving capital.
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Optimism Among Amaravati Realtors
Local realtors in Amaravati are buzzing with optimism. They see Naidu's plans as a golden opportunity, anticipating further increases in property values as development projects resume and new investments pour in.
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Amaravati's Grand Vision Revived
Chandrababu Naidu's original plan for Amaravati was nothing short of grandiose. He envisioned a greenfield capital with state-of-the-art infrastructure, costing over Rs 50,000 crore. However, financial constraints turned this dream into a daunting challenge.
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Jagan's Three Capitals
Jagan Mohan Reddy, upon taking power in 2019, halted all development in Amaravati. He proposed a three-capitals model, promoting Visakhapatnam as the executive capital. This move turned Amaravati into a virtual ghost town.
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Criticism and Controversy
Jagan Mohan Reddy's decentralization strategy faced significant backlash. Critics argued that it diluted the potential of a unified capital in Amaravati, leaving the city in limbo and its development plans in tatters.
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Amaravati's Future Prospects
Now, as Chandrababu Naidu has returned, Amaravati's future looks brighter than ever. His return promises a revival, transforming the city from a ghost town into a vibrant capital, ready to lead Andhra Pradesh into a new era.
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