The Andhra Pradesh state government created 13 new districts in the state taking the total districts to 26.
The state government increased market value of lands in 13 new districts from April 6, 2022. Of this, land rates were increased in Bapatla and Narsaraopeta districts from February 1, 2022.
The market value of lands increased from 13% to 75% depending on demand in respective districts.
The market value of lands in Tirupati district increased by 75% in 68 villages under the jurisdiction of four sub-registrar offices. Minimum increase 20% and maximum increase 75%.
Under Vijayawada West sub-registrar office limits, market value of lands increased by 37.25% in Pedapulipaka. In Kanuru, market value increased from Rs 13,500 per sq.yard to Rs 17,000 per sq.yard (25.93%). The market value on both sides of Bandar road increased from Rs 96,400 per sq.yard to Rs 1.10 lakh per sq.yard.
The land rate in Aurangabad area in Kovvur town was Rs 35 lakh per acre. The rate increased to Rs 42 lakh acre per acre after Aurangabad was included in East Godavari district.
In Rajamahendravaram Kotagummam main road, land value increased from Rs 76,000 per sq.yard to Rs 86,000 per sq.yard.
In Konaseema district, market value of land in Amalapuram increased from Rs 18,000 per sq.yard to Rs 22,500 per sq.yard
In Peruru, market value increased from Rs 8,500 per. sq.yard to Rs 12,500 per sq.yard.
In Bhimavaram, Gunupudi, Veeravasaram, Undi sub-registrar office limits, land values increased in the range of 25% to 30%.
Under Anakapalli sub-registrar office limits, land values increased by 50% in some areas while in some other areas increased by 16% to 30%. In Tallapalem, acre land price increased from Rs 26 lakh to Rs 33 lakh.
In Parvathipuram Manyam district centre, land rates increased by 25% to 30%.