Just months before the 2019 elections, Naidu had laid the foundation stone for a permanent secretariat in the Amaravati region, and the NCC was one of the companies roped in for its construction.
Jagan’s freeze on the Amaravati capital development had devastated the farmers in the belt, who had donated their lands for the purpose.
With Naidu back at the helm, these farmers are said to be jubilant now. As per the city’s master plan, those who had donated land were to be given proportionate real estate space in the multiple residential towers which were to come up in the new capital. When Jagan stopped all construction activities in the region, the farmers who donated their land had launched massive protests, forming a joint action committee (JAC) to “save Amaravati”.
the JAC is expected to send many farmers to attend Naidu’s swearing-in ceremony, which is scheduled for June 12 in the Amaravati region. “Truckloads of farmers from Tullur and surrounding villages will attend Naidu’s swearing-in event,” said a former JAC member.
Already, the real estate prices in Amaravati, which had hit rock bottom – Rs 3,500 per sq yard – in the past five years, have increased manifold. “The prices now are estimated to be Rs 45,000 per sq yard. The capital region is going to be the most sought-after real estate destination in Andhra Pradesh,” said Subhakar Vemulapalli, a real estate agent from Tullur.
The BJP, now an ally of the TDP, too was in favour of the Amaravati capital, said several local farmers and real estate agents who are expecting to rake in big bucks now.