Telangana Finance Minister Harish Rao made interesting comments on Amaravati. Minister Harish Rao feels the situation prevailing in Andhra Pradesh since the past few months is favorable to the realtors in Telangana.
Things have completely changed with the proposal to set up three capitals in three parts of the AP. Now people do not understand where capital is being set up in the state. On the other hand, traders are in a dilemma on where to invest. On the other hand, the real estate business has slowed down due to the ambiguity in Amaravati.
Harish Rao analyzed the impact of capital turmoil on the real estate business in Hyderabad once again. Harish Rao said that IT workers, bureaucrats, and business people got interested in settling in Hyderabad in the wake of the situation in AP.
Comments made by the Telangana Minister has become a hot topic in the political circles. This is for the first time, a Telangana leader representing the ruling TRS made comments on the real estate boom after 2019 Elections. Opposition Parties in Andhra Pradesh might capitalize on the comments of Harish Rao.