Time to repeat history. Everybody knows, how the Amaravati lands price and real estate bounced overnight while CBN announced it as the AP's capital. Most of the people even took loans and bought lands in Amaravati which were later paid off from the huge profits made by the bouncing of real estate. Looks like we will see a similar situation in Vizag and Kurnool soon.
Especially in Vizag, the real estate got fluctuating for a few weeks. This was because of the protests that were conducted against the three capitals' decision. However, after the announcement of the bill in assembly by YSRCP, it looks like there is no more fluctuation and will only be hike seen in the real estate.
Once again we will be hearing the stories is overnight crorepatis in Vizag and Kurnool like we have heard in Amaravati last time. Last time it was Chandra Babu Naidu’s one capital while this time it is YS Jagan Mohan Reddy's three capitals bill which is responsible for this.