L&T, NCC, Shapoorji Pallonji to develop Rs 2,652-crore Amaravati housing project
Real Estate

L&T, NCC, Shapoorji Pallonji to develop Rs 2,652-crore Amaravati housing project

The Andhra Pradesh Government has selected L&T, NCC and Shapoorji Pallonji to develop a mega-housing project in Amravati.

The housing project is reportedly being developed at an estimated cost of Rs 2,652 crore for government employees and elected government representatives and will be completed in six months. Chief Minister N Chandrababu Naidu has also approved the new estimated cost for the project, which is 33 per cent higher than the earlier estimated Rs 1,991 crore.

The 18 towers have flats of 900 sq ft for class four employees, 1,200 sq ft for non-gazetted officers, 1,500 sq ft for type-two gazetted officers, 1,800 sq ft for type-one gazetted officers and 3,500 sq ft for All India Services officers as well as elected representatives. The design for these towers and villas have been mapped out by Team One India.


The Andhra Pradesh Government has selected L&T, NCC and Shapoorji Pallonji to develop a mega-housing project in Amravati. The housing project is reportedly being developed at an estimated cost of Rs 2,652 crore for government employees and elected government representatives and will be completed in six months. Chief Minister N Chandrababu Naidu has also approved the new estimated cost for the project, which is 33 per cent higher than the earlier estimated Rs 1,991 crore. The 18 towers have flats of 900 sq ft for class four employees, 1,200 sq ft for non-gazetted officers, 1,500 sq ft for type-two gazetted officers, 1,800 sq ft for type-one gazetted officers and 3,500 sq ft for All India Services officers as well as elected representatives. The design for these towers and villas have been mapped out by Team One India.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement