The would-be Seemandhra CM Chandrababu Naidu is someone who is close to the film industry and his focus on growth is known to tall. Now, there is a talk about the new capital being formed between Guntur and Vijayawada around a 40 km stretch for that region.
It would touch Eluru on one side, Machilipatnam on another, Piduguralla on the third side. If this plan goes through it would become the biggest capital city as all of them are tier 2 cities. Just like how lands being allotted to software companies increase the real estate value, same happens if it is allotted to film industry also.
In Hyderabad, Manikonda and filmnagar are two areas which have seen growth in real estate market. As of now, it is not sure what Naidu has got in his head but Tollywood is waiting to see if Naidu grants a filmnagar that side so that they can develop a hub there also.
It would touch Eluru on one side, Machilipatnam on another, Piduguralla on the third side. If this plan goes through it would become the biggest capital city as all of them are tier 2 cities. Just like how lands being allotted to software companies increase the real estate value, same happens if it is allotted to film industry also.
In Hyderabad, Manikonda and filmnagar are two areas which have seen growth in real estate market. As of now, it is not sure what Naidu has got in his head but Tollywood is waiting to see if Naidu grants a filmnagar that side so that they can develop a hub there also.
