Update on Registration of Resale plots : 26-May-2017

Registration of resale plots was started yesterday at Thullur Sub-registrar office. Registration value was set at Rs 400 per Sq.Yd by the revenue department. Buyers are entering into agreements with farmers of Nelapadu village.

Transaction that was registered yesterday was done at 14,000 per Sq Yd. Prices for plots that were allocated for Nelapadu Village were hovering between 13,000 to 15,000 based on sector it was located.

Avenue Realty has estimated growth of 25% on 15/04/2016. Land price at Nelapadu Village was 1.35 Cr when Avenue has estimated (11,000 / Sq yd). Based on current prices they have gone up by 33% ( Residential and Commercial plots trading @ 14,000 & 17,500 respectively). Avenue Realty has recommended prices between 11,750 to 13,000 for residential plots in different sectors in Nelapadu township on 28/02/2017 based on last transaction value of land in acres. The current transaction traded at 10% higher than recommended value.

Our Recommended Plot Prices : 28-February-2017

As per CRDA registrations are going to start in a few days. To help our customers, we have come up with our recommended prices for each sector.

Before plots were released land prices in each Village/Township were more or less same as the package was same for all. But each plot is different from another due to various variables.

So, to give better recommendation we have drilled down to sectors and in some cases we have recommended range rather than fixed price.

Note: Each Township spreads across multiple Villages and each Township contains multiple Sectors.

SectorTownshipVillageResidentialCommercial
521Borupalem12,75014,000-16,000
531Borupalem, Abbarajupalem, Rayapudi12,750-14,00014,000-16,000
541Abbarajupalem, Dondapadu11,000-11,25013,500-14,000
551Rayapudi, Abbarajupalem12,750-14,000N/A
572Rayapudi14,000-15,000N/A
592Rayapudi14,000-14,500N/A
613Borupalem14,000N/A
623Dondapadu, Borupalem11,000-11,25013,500
634Pitchikalapalem, Thullur11,000-11,750N/A
644PitchikalapalemN/A13,500
654Pitchikalapalem, Dondapadu11,000-11,00013,500
664Thullur, Pitchikalapalem11,000-12,000N/A
674Rayapudi, Ananthavaram, Pitchikalapalem10,000-11,00015,500
685Abbarajupalem, Rayapudi11,250-11,25015,500
695Rayapudi, Abbarajupalem11,250-14,000N/A
705Rayapudi, Thullur13,000-13,00015,500
726Rayapudi, Kondamarajupalem14,00017,000
746Lingayapalem17,000-18,000N/A
756Rayapudi, Kondamarajupalem14,00017,500
776Kondamarajupalem, Velagapudi16,00019,750
837Uddandarayunipalem17,500-18,500N/A
847Velagapudi, Kondamarajupalem16,500-17,500N/A
857Lingayapalem, Kondamarajupalem15,750-16,00017,500-20,500
867LingayapalemN/A20,500
878Ananthavaram, Pitchikalapalem10,00011,000-13,500
888Thullur, AnanthavaramN/A11,000-14,000
898Thullur11,75014,500
908Ananthavaram9,000N/A
918Ananthavaram, Thullur10,00011,500-14,500
928Ananthavaram, Thullur10,00014,500
939Thullur11,750N/A
949Thullur12,500N/A
959Thullur11,750N/A
969Thullur12,000N/A
9710Nelapadu13,00015,000
9810NelapaduN/A15,000
9910kondamarajupalem14,00017,500
10010Nelapadu12,00014,500
10210Velagapudi, Nelapadu14,00017,500
10411Mandadam18,000N/A
10511Mandadam17,500N/A
10611Mandadam16,500N/A
10711Mandadam16,500N/A
10811Mandadam16,500N/A
10911Mandadam16,500N/A
11212Venkatapalem16,000N/A
11312Venkatapalem16,000N/A
11412Venkatapalem16,000N/A
11512Venkatapalem16,000N/A
11813Ananthavaram, Nekallu10,00011,000
11913Thullur, Ananthavaram10,000-11,75014,500
12113Nekkallu9,00011,000
12213Nekkallu9,000N/A
12413Nekkallu9,000N/A
12513Nekkallu9,00011,000-1100
12614Sekhamuru, Thullur9,750-11,75014,500
12714Sekhamuru, Thullur, Nelapadu9,750-11,75012,000
12814Sekhamuru9,75012,000
12914Sekhamuru9,75012,000
13015Sekhamuru, nelapadu9,750-11,75012,000-14,500
13215Sekhamuru, Inavolu, Velagapudi9,750-14,00012,000
13315Sekhamuru9,75012,000
13515Inavolu10,50013,000
13616Velagapudi14,00017,500
13716Velagapudi14,00017,500
13816Velagapudi10,500N/A
13916Velagapudi, Malkapuram, Mandadam14,00017,500
14016Inavolu Mandadam10,500-14,000N/A
14116Mandadam14,00017,500
14217Mandadam, Uddandarayuni palem14,00019,750-21,000
14317Mandadam, VenkatapalemN/A19,750
14417Mandadam, Venkatapalem13,000-14,00016,500-17,500
14517Venkatapalem, Krishnayapalem12,500-13,00016,500-18,750
14718Venkatapalem, Krishnayapalem1,6000-17,00018,750
14818Krishnayapalem15,000N/A
15620Inavolu10,50013,000
15720Mandadam, Inavolu14,00013,000-17,500
15820Kuragallu9,250N/A
15920Kuragallu, Inavolu9,25013,000
16021Krishnayapalem, Venkatapalem12,500-13,00015,500
16121Krishnayapalem12,50015,500
16221Kuragallu10,00012,000
17023Kuragallu9,500N/A
171239,500N/A
17223KuragalluN/A12,000
17323kuragallu9,50012,000
17423Kuragallu9,250N/A
17523Kuragallu9,250N/A
18526Nidamarru9,000N/A
18626Nidamarru9,00011,000
18726Nidamarru9,00011,000
18827Kuragallu9,50012,000
19027Nidamarru9,00011,000
19127NidamarruN/A11,000
19227Nidamarru9,000N/A
19327Nidamarru9,000N/A

Update on Plots Allocation Lottery : 12-January-2017

Plots were allocated to farmers in Nidamarru Village through Lottery process.

Update on Plots Allocation Lottery : 11-January-2017

Plots were allocated to farmers in Kuragallu & Ananthavaram Villages through Lottery process.

Update on Master Developer Selection : 03-January-2017

CRDA invites fresh tenders for selection of Master developer for 6.84 Sq.Km seed startup area in Amaravati Capital City.

Update on Plots Allocation Lottery : 03-January-2017

Plots were allocated to farmers in Velagapudi & Thullur Villages through Lottery process.

Update on Plots Allocation Lottery : 31-December-2016

Plots were allocated to farmers in Venkatapalem Village through Lottery process.

Update on Plots Allocation Lottery : 24-December-2016

Plots were allocated to farmers in Uddandarayunipalem & Lingayapalem Village through Lottery process.

Update on Plots Allocation Lottery : 21-December-2016

Plots were allocated to farmers in Krishnayapalem Village through Lottery process.

Update on Draft LPS Layouts : 12-December-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for Nowlur & Nidamarru village in Amaravati.

Update on Draft LPS Layouts : 05-December-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for Rayapudi village in Amaravati.

Update on Draft LPS Layouts : 17-November-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for Velagapudi village in Amaravati.

Update on Draft LPS Layouts : 16-November-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for VenkataPalem & Mandadam villages in Amaravati.

Update on Draft LPS Layouts : 10-November-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for LingayaPalem & UddandarayuniPalem village in Amaravati.

Update on Draft LPS Layouts : 30-October-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for Krishnaya Palem village in Amaravati.

Update on Draft LPS Layouts : 26-October-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for Thullur & Ananthavaram villages in Amaravati.

Update on Plots Allocation Lottery : 21-October-2016

Plots were allocated to farmers in Malkapuram & Nekkallu Villages through Lottery process.

Update on Plots Allocation Lottery : 19-October-2016

Plots were allocated to farmers in Kondamaraju Palem & Borupalem Villages through Lottery process.

Update on Plots Allocation Lottery : 01-October-2016

Plots were allocated to farmers in Inavolu & Abbarajupalem Villages through Lottery process.

Update on Plots Allocation Lottery : 27-September-2016

Plots were allocated to farmers in Dondapadu & Pitchikalapalem Villages through Lottery process.

Update on Plots Allocation Lottery : 21-September-2016

Plots were allocated to farmers in Sekhamuru Village through Lottery process.

Update on Draft LPS Layouts : 19-September-2016

Final Land Pooling Scheme (LPS) Layout Notification was issued for Dondapadu and Pitchikala Palem villages.

Update on Draft LPS Layouts : 16-September-2016

Final Land Pooling Scheme (LPS) Layout Notification was issued for Sekhamuru village. Lottery for returnable plots in Sekhamuru village will be on September 21st.

Update on Draft LPS Layouts : 04-September-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for Kondamaraju Palem & Malkapuram villages in Amaravati.

Update on Draft LPS Layouts : 17-August-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for Nekkallu village in Amaravati.

Update on Draft LPS Layouts : 31-July-2016

Draft Land Pooling Scheme (LPS) Layout Notification was issued for six more villages in Amaravati. These include Borupalem, Abbarajupalem, Dondapadu, Pitchikalapalem, Inavolu & Sakhamuru.

Update on Prices & Registrations – 07-July-2016

CRDA has stopped issuing NOC’s for registration in all 29 Villages except Penumaka, Undavalli & Nowlur. So, Prices hasn’t changed much since our last update on May 31st.

Registration will start only after plots were released and assinged to owners. Nelapadu plots registration might start in another 1 month but all other villages will take atleast 2 months.

Update on Registrations – 09-June-2016

Government has added new restriction on registration of lands across all 29 Amaravati land pooling villages. From now on, buyers have to submit NOC from CRDA by mentioning the extent of land. Extent of the land the buyer can buy will be decided based on the 9.18 submitted by seller. If 9.18 is not submitted by a seller, CRDA will not release NOC for part of the land the seller owns. So, buyers may not be able to buy the extent that seller is willing to sell. So the seller has to submit 9.18 to CRDA that suits the requirement and get NOC.

Call us if you need more information on how you can buy lands with in the restrictions of CRDA.

Latest land prices in Amaravati Townships – 31-May-2016

Here is the latest land prices based on the last transactions. You would notice there is a 5- 10% drop of Dry land prices due to lack of demand from buyers. But we still stick to our initial estimation of Growth Rate after the plots were released by CRDA.

By analyzing prices we can clearly see classification of villages as Tier 1, Tier 2 & Tier 3 from buyer’s perspective. Tier 2 & 3 villages saw price drop but prices in Tier 1 villages increased and its becoming very hard to find sellers in these villages, to our knowledge very few with clear titles are willing to sell.

Unofficial information from CRDA suggests that registration of lands from all 29 villages will be suspended for one month starting June 10th. We cannot confirm this news but CRDA has to stop registrations at least in a phased manner to plan final layouts based on 9.18 forms received.

If you are planning to invest, we suggest you to do so immediately. Contact us if you need information or assistance.

TownshipPrice / Acre DryPrice / Acre Jareebu
Ananthavaram1.16 Cr
Kuragallu1.18 Cr
Nidamarru1.18 Cr
Nekkalu1.18 Cr
Inavolu1.33 Cr
Sekhamuru1.30 Cr
Nelapadu1.55 Cr
Dondapadu1.30 Cr1.90 Cr
Pitchikalapalem1.30 Cr
Thullur1.35 Cr
Rayapudi1.70 Cr2.10 Cr
Kondamarajupalem1.73 Cr2.13 Cr
Krishnayapalem1.70 Cr2.25 Cr
Mandadam1.80 Cr2.35 Cr
Velagapudi1.83 Cr2.30 Cr
Venkatapalem1.72 Cr2.30 Cr
Malkapuram1.77 Cr2.3 Cr
Nowlur1.59 Cr
Penumaka1.95 Cr
Borupalem135 Cr1.95 Cr
Abbarajupalem1.47 Cr1.95 Cr
Undavalli1.96 Cr
Lingayapalem2.45 Cr
Uddandarayunipalem2.56 Cr

Latest land prices in Amaravati Townships – 01-May-2016

TownshipPrice / Acre DryPrice / Acre Jareebu
Ananthavaram1.14 Cr
Kuragallu1.24Cr
Nidamarru1.24 Cr
Nekkalu1.30 Cr
Inavolu1.35 Cr
Sekhamuru1.35 Cr
Nelapadu1.45 Cr
Dondapadu1.40 Cr1.90 Cr
Pitchikalapalem1.40 Cr
Thullur1.45 Cr
Rayapudi1.65 Cr2.05 Cr
Kondamarajupalem1.70 Cr
Krishnayapalem1.65 Cr2.20 Cr
Mandadam1.75 Cr2.30 Cr
Velagapudi1.75 Cr2.30 Cr
Venkatapalem1.70 Cr2.28Cr
Malkapuram1.70 Cr
Nowlur1.70 Cr
Penumaka1.90 Cr
Borupalem1.90 Cr
Abbarajupalem1.90 Cr
Undavalli2.20 Cr
Lingayapalem2.30 Cr
Uddandarayunipalem2.42 Cr

Land prices in Amaravati Townships – 15-April-2016

TownshipPrice / Acre DryPrice / Acre JareebuEst. Growth DryEst. Growth Jareebu
Ananthavaram1.10 Cr26%
Kuragallu1.20 Cr25%
Nidamarru1.20 Cr25%
Nekkalu1.25 Cr26%
Inavolu1.30 Cr27%
Sekhamuru1.30 Cr27%
Nelapadu1.35 Cr25%
Dondapadu1.35 Cr2.00 Cr25%31%
Pitchikalapalem1.35 Cr25%
Thullur1.40 Cr26%
Rayapudi1.60 Cr2.00 Cr26%31%
Kondamarajupalem1.60 Cr26%
Krishnayapalem1.60 Cr2.20 Cr26%30%
Mandadam1.65 Cr2.20 Cr25%30%
Velagapudi1.65 Cr2.20 Cr25%30%
Venkatapalem1.65 Cr2.20 Cr25%30%
Malkapuram1.65 Cr25%
Nowlur1.70 Cr30%
Penumaka1.90 Cr31%
Borupalem2.00 Cr31%
Abbarajupalem2.00 Cr31%
Undavalli2.20 Cr30%
Lingayapalem2.30 Cr30%
Uddandarayunipalem2.35 Cr30%

Disclaimer:
Prices & analysis mentioned in this page are for information only. Prices may vary day to day.
Our growth estimates are based on the 2 months timeline CRDA released for plots allotment.

  • Explore Plots in Amaravati

  • Subscribe via Email