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Seemandhra realtors, ryots for early birfurcation of AP జనవరి 2, 2011

Posted by M Bharath Bhushan in Andhrapreneurship, Identity, Mulki, politics, regionalism, Telangana, Uttara Andhra.
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Seemandhra realtors, ryots for early bifurcation of AP
Jinka Nagaraju, TNN, Jan 2, 2011

HYDERABAD: It is a classic case of business interests scoring over regional sentiments. In a development that may surprise many, realtors and farmers in the Andhra –Rayalaseema regions want the state to be divided as early as possible while their counterparts in the Telangana region want the carving of a separate state to be as delayed as possible.

Take the case of U Simhadri, a middle-level contractor for a power plant. Simhadri’s village near Kanigiri in Prakasam district has witnessed unimaginable boom in land prices. Ideologically, Simhadri is opposed to any division of the state. But since the demand for Telangana began to be voiced, land rates in his area skyrocketed.

“Exactly one and half years ago, the rate per acre was just Rs 3 lakh in our village. Now, it has gone up to Rs 35 to 40 lakh per acre because of reverse flow of investment. If Telangana does not happen soon, the prices are likely to fall. I stand to gain immensely if the state is divided,” the new generation contractor, who has 10 acres of land in Kanigiri, told STOI. (మరింత…)