Rents in Vijayawada too high
Land has become a scarce commodity in Vijayawada and Guntur following the formation of capital region in Amaravati.
People owning their land and houses are looking to make the most of it.
The rents in the city have been on the rise following the capital region taking shape.
Rents have increased abnormally in Vijayawada with Chief Minister N Chandrababu Naidu making an announcement that all government employees will stay in city.
House owners are vacating existing tenants and giving it for higher rents for others.
House owners are collecting Rs 10,000 per month as rent for two bedroom portion on the colonies located on the outskirts of Vijayawada and Rs 20,000 in prime localities.
The Government is considering various proposals to make the passage easier for employees, including enforcing the Rent Control Act to rein in skyrocketing rents in Vijayawada.
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