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.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..