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(Hyderabad) After dilly dallying for many years, Congress finds itself pushed into a tight corner and the only way to wriggle out, is bifurcation of the State.The emergence of TDP and YSRC in the Panchayat Elections, as very strong contenders in Andhra Districts, has put congress in a quandary.
If the Congress goes to General Election without taking a decision on Telengana, its certain they will be routed in Telangana Districts and they could end up with few seats in Andhra, in a 3 way fight with TDP & YSRC.TRS need to thank YSRC for making the Congress weak and hence paving the way for division!
The Central Leadership is aware of the precarious position of the Party in AP. To be in the race for another term at the Center, Congress needs at least 30 seats from AP. And the only way this can be achieved is by grabbing seats in Telangana with or without TRS to compensate for loss in Andhra. And to grab seats in Telangana, state has to be divided.
The strategy to declare Hyderabad as UT (possibly) cum Common Capital is purely intended to appease people of Andhra and hence make it easier to fight YSRC / TDP and grab as many seats as possible, there.
The push for inclusion of Anantapur and Kurnool is solely for the purpose of denting TDP & YSRC as much as possible and garner Loksabha seats in these 2 districts!
While overseeing division may be suicidal for his own political career, as the CM is reported to have expressed, its the only way out for the Congress to remain relevant and survive in Andhra, as well as in Telangana.
Real Estate Impact:
The declaration of Common Capital (with or without UT) will sustain and drive the Hyderabad market up. IF there are any untoward incidents in the city, affecting private and public properties of Andhraits, there could be a temporary status quo in rates. If this does NOT happen, there will be steady upward movement and those who were waiting to decide, could find themselves badly in the red.
Considering the situation, people who have committed to purchase before 31st July should benefit in the medium term.
Comment : Freeze rates before 31st July with Advance. Developers may not honor rates committed without advance Keyword Tags: Hyderabad News,Telangana State, Telangana, UT, Common Capital
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