Real estate traders in Andhra Pradesh are having a rough ride — and not the fun rollercoaster kind! Even with a new government at the helm, the sunshine days everyone hoped for just haven’t arrived.
Many folks, including some die-hard YSRCP loyalists, thought the real estate market would soar once the TDP-led alliance took charge. But, surprise surprise — the hangover from the old YSRCP policies is still haunting the sector. Remember that mandatory five percent government cut? Yeah, that one didn’t exactly win hearts.
To make things worse, local YSRCP reps allegedly wanted their own “special share” from builders, turning every deal into a guessing game of “who gets how much.” Add in the delays in sand supply, and you’ve got apartment projects moving slower than a snail on a Sunday.
When the winds of political change blew in, traders crossed their fingers (and maybe their toes) for better days. But so far? Not much to cheer about. Land prices have tanked — in Kadapa, what once fetched ₹5 lakh a cent now struggles to get even ₹1–2 lakh. Builders are staring at half-empty apartment blocks and wondering where all the buyers went.
Sure, the new government relaxed a few construction rules — a small mercy! — but greedy local reps are still making life miserable. Word on the street is, some officials won’t approve new ventures without “a little extra love” in the form of bribes. And let’s be real, who wants to invest when every step feels like walking through political quicksand?
Tirupati seems to be the lone bright spot, managing to stay afloat thanks to its unique local economy. But even there, growth is crawling along instead of sprinting.
So, what’s the takeaway? A change in government doesn’t magically fix the economy. Andhra’s real estate traders are learning that lesson the hard way — stuck between politics, paperwork, and plummeting prices.


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