Ordinance to create Tadigadapa municipality comes as surprise – ET RealEstate

VIJAYAWADA: The recent ordinance promulgated by the state government to create Tadigadapa municipality has come as shocker to the locals. With the creation of Tadigadapa municipality, the state government has put plans of creating Greater Vijayawada Municipal Corporation on the back burner.

Earlier it was proposed to merge 45 villages around Vijayawada city into Vijayawada Municipal Corporation (VMC) to create urban infrastructure by expanding the city limits.

Though some efforts were made to create Greater Vijayawada Municipal Corporation during the previous government, the proposal remained on paper due to various reasons.

In fact the proposal faced stiff resistance from local politicians as they would lose prominence once the village panchayats are merged into the corporation. Even the people of these villages also opposed the move in fear of higher taxes if they become part of the municipal corporation.

The state government’s move to create a separate municipality with Kanuru, Tadigadapa, Yanamalakudu and Poranki as YSR Tadigadapa municipality with 38 wards comes as a surprise to many as it was never in discussions.

In the ordinance notified by the government, boundaries of 13 municipalities and two municipal corporations have been changed by merging surrounding villages.

Tadigadapa was the only municipality that was newly created apart from upgrading five other panchayats into Nagara Panchayats (urban local bodies).

In the earlier plan of Greater Vijayawada, it was proposed to bring all the villages from Kanuru till Kankipadu into the corporation limits.

Now, even after creating a new municipality, the state government limited it to only four villages leaving other villages like Penamaluru, Gosala and Kankipadu which have also expanded rapidly in recent times having continuity with Vijayawada.

Ch Baburao, the capital region coordinating secretary of CPM, said that the decision to create YSR Tadigadapa municipality was taken in haste with political motives. There should be a comprehensive study and consultative process before creating new urban local bodies but in present case, there is no scientific study or basis to create Tadigadapa municipality with only four villages leaving out other villages, he said, adding that the government should also clarify its stand on Greater Vijayawada.



Source link

Projects in satellite villages near Vijayawada drawing more home buyers – ET RealEstate

VIJAYAWADA: Growing demand in the real estate sector is changing the face of satellite villages near Vijayawada. Once relatively quiet, villages like Poranki, Tadigadapa, Yanamalakuduru, Penamaluru, Gosala, and Nidamanuru are now bustling with economic activity which is mostly around the real estate sector.

With home buyers now looking for affordable houses following the economic impact of the pandemic, realtors with projects in these areas are witnessing a surge in demand. The momentum had started to pick up in these areas before the outbreak of Covid-19 following the expansion of National Highway (NH) 65.

The highway expansion not only eased traffic flow but also paved the way for new commercial establishments as most buildings have to be constructed since old buildings were demolished for the expansion. However, the pandemic dealt a blow to the real estate sector across the capital region which faced uncertainties over capital. Demand for houses had plummeted as economic activity had come to a near halt as a result of the lockdown.

Now, with activity starting to pick up following the unlock guidelines, satellite villages are among the first areas to witness a rise in demand for real estate. Ch Subbarao, a builder from Poranki, said that they are now witnessing more enquiries than pre-Covid times. Many of these enquiries are even translating into transactions, according to the builder. Realtors said that a drop in prices has also pushed up demand for houses in these areas.

According to P Vamshi, a real estate agent, prices have come down to all-time lows due to the pandemic. “As most builders had to deploy their entire capital in ongoing projects, prices did not go up even after demand began to pick up,” Vamshi said and added that several builders were desperate to liquidate their projects sooner rather than later.

The price difference between areas in the city and those in satellite villages lies in the range of Rs 5 lakh to Rs 10 lakh which has driven many home buyers to choose the latter. With commercial establishments like supermarkets, branded clothing stores, home appliance stores and gyms setting up shop in these areas, many are getting drawn towards these satellite villages as it means they do not have to travel all the way to the city for their needs.



Source link