AP: CRDA to sell 415 plots in Guntur, NTR districts

18 Sep 2023 CW Team

The Capital Region Development Authority (CRDA) has unveiled plans to offer approximately four townships for the sale of plots in Guntur and NTR districts, extending a significant opportunity to the general public. A total of 415 residential and commercial plots are set to be auctioned in the near future, marking a significant development in the region's real estate landscape.

What sets this initiative apart is the CRDA's decision to collect registration and stamp duty for only 60 percent of the total cost, with the remaining 40 percent designated as a development cost. Additionally, buyers will have the option to pay the total amount in convenient installments within a year of their purchase, enhancing accessibility to property ownership.

The move aligns with the directive of Chief Minister YS Jagan Mohan Reddy, who has urged urban development authorities and municipal bodies to prepare layouts in close proximity to cities and towns. The aim is to lower house site prices, offering much-needed relief to the general populace. The emphasis is on developing essential infrastructure within these designated layouts, facilitating urban expansion towards the outskirts. This approach not only addresses congestion in existing cities and towns but also ensures that common citizens have access to property at more affordable rates.

The CRDA's decision to make plots available with flexible payment options underscores its commitment to fostering accessible and inclusive urban development in the region. As these townships become available for purchase, they are expected to contribute to the horizontal growth of urban areas, offering an avenue for individuals to acquire property at reasonable prices.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..