Capital-in-waiting? Election results ignite real estate frenzy in Amaravati, prices soar 50%-100%

The 2024 Indian elections brought more than political shifts, with Amaravati witnessing a staggering 50%-100% surge in real estate prices within days of the results, according to The Times of India. The victory of the TDP, Jana Sena, and BJP alliance resolved uncertainties about the capital, reigniting buyer interest. All eyes are on Prime Minister Narendra Modi’s anticipated statement during N Chandrababu Naidu’s upcoming swearing-in ceremony as CM on June 12 near AIIMS in the capital region.

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