The bifurcation of Andhra Pradesh has affected overall real estate market in the state with significant impact on Hyderabad and Vishakhapatnam sub markets. The Hyderabad real estate market has been in all time low situations from the past few years as political turmoil over the Telangana split was spoiling the investment transactions in the city. Hyderabad has been the undoubted leader of the real estate market of Andhra Pradesh till now, but now with the division of the state coastal Andhra Pradesh is looking for a new capital city for the state. Despite political havoc of the Andhra Pradesh, the real estate market in the state is most like to rise again with better prospects of prices and absorptions.The new state Telangana will include the city Hyderabad as it is situated in the heartland of Telangana. Hence prospect of a new capital being developed for the coastal Andhra Pradesh is quite bright. The focus is on the coastal areas like Vijayawada, Vishakhapatnam, Nellore, Tirupati and Ongle for the new capital of the Andhra Pradesh. The competition for being a new capital of Andhra Pradesh has been spruced up with many challenges, and these areas have gained prominence over the other areas. The development of these areas will see increasing trends in the near future and the prices in these areas will see an utmost increase. The capital area will be mostly finalized from these coastal areas, but the parameter of the selection will decide which city will be the new capital of the state. The zeroed city from the competition for the capital would surge considerably in the next few years in terms of real estate.The investors and developers are rushing towards the coastal cities considering the possibility of these cities being the next capital of the Andhra Pradesh. Amongst the short listed cities, Vishakhapatnam (vizag) is the main competitor of the race of these cities. Once the capital is finalized, the boom in the development and real estate of the city will be indeterminate. Price rise of about 10 per cent to 20 per cent is expected in the coastal areas of Andhra Pradesh. The development will also be increased in both residential as well as commercial real estate of the state. Despite the fact these coastal areas have never been appreciated before, but the development activities in these regions will see an upward trend with high growth prospects in the future.The demand in the vizag is expected to experience high surge with high pace infrastructure development, and increasing demand in the commercial and residential real estate. Although vizag had high prospects of development, The Visakhapatnam Urban Development Authority (VUDA) has not taken any major infrastructure development activities in the past decade. The vizag lacks the master development plan for roads, public transportation and amenities in the city. Once the stamp of the capital city is pasted on the city, the city will flourish in the development activities and experience considerable expansion in growth.Vizag holds high prospects of being the capital city than any other city in the coastal Andhra Pradesh, Excellent connectivity by sea, air and road along with presence major public and private sector companies, metropolitan population and educated talent pool are the few attributes which makes vizag a favored competitor. The large availability of land parcel along with growing industries like Pharmaceutical, Film Industry and IT industry has helped vizag to gain an image of the prominent city in the coastal Andhra Pradesh. The areas like Yalamanchili, Achyutapuram and Paravada have seen rapid development with presence of APIIC, NTPC, SEZ and Pharmacity. Vizag has gone through a great makeover in the past decade and holds a high value in the coastal Andhra Pradesh with easy connectivity and high development prospects.займ на карту без отказов круглосуточновзять кредит онлайн