Thursday, December 11, 2014

Virtual Boom

Real estate business is largely influenced by just speculations not real matters.

A state in India got divided into two; Andhra Pradesh, Telangana. Now, Vijayawada, a city in Andhra Pradesh region, is declared as the capital of the state. Even before declaring the capital, there were speculations of the same. The government of the state had two or three options at hand. There is equal probability of the choices becoming capital. Even though there is an equal probability, the cost of property in Vijayawada increased by numerous times. See how virtual it is! Benefit of doubt got looted. Every one tended to invest in that region. Large money got accumulated in the properties of Vijayawada.



 What if another city was made the capital!

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