Real Estate in Amaravati: Mangalagiri Emerging as a Future IT Hub

The government of Andhra Pradesh has taken concrete measures to increase the status of Amaravati as a foremost planet's metropolis by giving a big push to basic infrastructure projects that fall under the Amaravati Master Plan. With the central government giving a strong hand financially, as well as international institutions providing funds, the state is aiming to grant Amaravati the status of being a global urban hub.

To this day, when Amaravati was declared as the capital of Andhra Pradesh, the surrounding areas of the city had been real estate activities driving through a period of great boom. Vijayawada is at the forefront of this development while Guntur town also possesses a significant share in the development of the capital region's ecology.

The newly created corridor of Vijawada–Guntur will see villages alongside profiting to a great extent from the upturn. Taking the village of Mangalagiri as the prime candidate, it is where the hike in demand for houses and office space for IT services has taken place. This is because of its closeness to Vijayawada and likewise to the Amaravati core capital zone.

Mangalagiri is now leading the way with its revitalization in commercial and residential projects and the sector of IT companies coming in opening offices. Mangalagiri is becoming an increasingly popular place in the capital region as a zone of high activity.

Investors and consultants think that Mangalagiri will become the IT and technology main hub for Amaravati within the next few years. If the area continues to develop the necessary infrastructure and corporate presence expands, it will be placed in the same league as other Indian cities' established IT corridors for the future high-tech destination.