Real estate offices mushrooming in the capital area

Real estate companies are mushrooming in Thulluru mandal, which was announced to fall under the new capital region of the State. Farmers in the area, who until recently were accustomed to seeing only trucks, mini-vans and auto rickshaws carrying vegetables and fruit that are cultivated here, are now seeing the regions’ best cars. High-end vehicles are zipping through the roads of these villages.

• Youth are trying to cash in on the boom by guiding prospective buyers
• Thatches are being used as real estate offices
• They are attracting small farmers to sell their lands to them instead of the government

The road from Vijayawada to Guntur, passing through Thulluru and Tadikonda, are being frequented with prospective buyers as these fertile agriculture lands have become propitious assets for real estate activity. Interestingly, some of the thatches, which have been existing here for several years, providing shelter to farmers, have become real estate consultancy offices. Several such offices have come up with some local youth joining them to guide buyers.

The cotton fields of Tadikonda and paddy fields of Thulluru, besides the vegetables, fruit and flower fields of Rayapudi, Mandadam and Venkatayapalem villages are seeing several such real estate consultancies sprouting up these days. Every village now has at least two such offices that are trying to cash in on the situation.

Interestingly, these offices are also giving attractive offers to land owners, particularly small farmers, by giving them a better option than giving away the land to the government. Farmers and farmhands, too, are learning the language of real estate and property consultancy.

“We have been selling vegetables all these years. Now we have to sell the land or give it to the government in land pooling,” said G Prakasa Rao, a small farmer from Mandadam village. He used to cultivate paddy, two crops a year, besides gongura (sorrel leaves) in 12 acres of land that he rented from a local landlord. As the landlord has proposed to sell the piece of land, citing the alluring offers that await him, Prakasa Rao watches the developments unfolding every day in his own village.

“All these years we only had buyers visiting us for vegetables and fruits. Today we have buyers thronging our village for the very land that has been producing the vegetables,” he quipped.