Land prices around Ramappa Temple up to 100%

Palampet (Muluge): Tag World Heritage Sites for Ramappa Temple has come as a gift for land owners of Palampet – a small village in the Muluugu District of Telangana, who accommodated this 13th century structure.
In a week of Honor of UNESCO, the agricultural land here has seen a 100% increase in rates, jumping from Rs 20 Lakh to Rs 25 Lakh A hectare to Rs 40 Lakh to Rs 45 Lakh per Acre.
This price, the locals said, had never been heard in the area.
Especially in demand is land parcels that hit the two sides of six km-stretch between Palampet and Venkatapur, say local residents.
And among those who show interest in investing here is the retirees of government and non-local employees, claiming Krishna Reddy, a resident of Palampet Village.
In fact, several old residents in the area said that prospective buyers from cities throughout the country approached farmers there, hoping to attack the agreement.
“Needless to say, farmers are happy.
They are also interested in selling their land, considering the offer price,” said a local trader.
“We hope that those who buy land will develop commercial companies such as hotels and restaurants around the inheritance site.
It will not only add to the value of tourism regions but also create opportunities for local youth and, in the process, support the livelihood of the people who live Here, “Doli Rajitha said, Sarpet Palampet.
Sarpanch also hopes that part of income will be used for village development.