CRDA Approves Rs 17.32 Bn Tenders for Housing and Infra
Real Estate

CRDA Approves Rs 17.32 Bn Tenders for Housing and Infra

The Capital Region Development Authority (CRDA), during its forty-seventh meeting chaired by Chief Minister N. Chandrababu Naidu, approved tenders worth Rs 17.32 billion to develop key infrastructure in Amaravati’s core capital area.

Municipal Administration and Urban Development Minister Ponguru Narayana announced that Rs 5.14 billion was sanctioned for completing gazetted officers’ towers initiated between 2014 and 2019. In addition, Rs 1.94 billion was approved for external infrastructure, Rs 5.07 billion for nine towers for non-gazetted employees, and Rs 5.17 billion for twelve new towers with associated amenities.

The CRDA also cleared Rs 5.61 billion for a 190 million-litre-per-day water treatment plant, including five years of operations and maintenance. Another Rs 4.95 billion was approved for constructing overhead water tanks.

Road extension works worth Rs 4.55 billion were sanctioned for the E-3, E-13, and E-15 corridors, including a 1.5 kilometre elevated stretch on the E-3 seed axis, to link Amaravati with the national highway.

Separately, a ministerial committee allotted land to seven institutions: fifty-five acres for a law university, fifty acres for Quantum Valley, smaller plots for the Income Tax Department, Indian Red Cross Society, Coastal Bank, and IRCTC Hotels. The Basavatarakam Cancer Institute was granted an additional six acres for a new medical college.

Source:The New Indian Express

The Capital Region Development Authority (CRDA), during its forty-seventh meeting chaired by Chief Minister N. Chandrababu Naidu, approved tenders worth Rs 17.32 billion to develop key infrastructure in Amaravati’s core capital area.Municipal Administration and Urban Development Minister Ponguru Narayana announced that Rs 5.14 billion was sanctioned for completing gazetted officers’ towers initiated between 2014 and 2019. In addition, Rs 1.94 billion was approved for external infrastructure, Rs 5.07 billion for nine towers for non-gazetted employees, and Rs 5.17 billion for twelve new towers with associated amenities.The CRDA also cleared Rs 5.61 billion for a 190 million-litre-per-day water treatment plant, including five years of operations and maintenance. Another Rs 4.95 billion was approved for constructing overhead water tanks.Road extension works worth Rs 4.55 billion were sanctioned for the E-3, E-13, and E-15 corridors, including a 1.5 kilometre elevated stretch on the E-3 seed axis, to link Amaravati with the national highway.Separately, a ministerial committee allotted land to seven institutions: fifty-five acres for a law university, fifty acres for Quantum Valley, smaller plots for the Income Tax Department, Indian Red Cross Society, Coastal Bank, and IRCTC Hotels. The Basavatarakam Cancer Institute was granted an additional six acres for a new medical college.Source:The New Indian Express

Next Story
Real Estate

Prestige Estates Nets Rs 30 Bn in NCR Debut Launch

Prestige Estates Projects Limited has recorded sales of over Rs 30 billion within one week of launching its first residential project in the National Capital Region (NCR). The project, The Prestige City, located in Indirapuram Extension on National Highway twenty-four, sold one thousand two hundred units during its initial launch phase.This marks the Bengaluru-based developer’s maiden entry into NCR’s residential real estate market. The company attributes the strong response to brand trust, strategic location, and rising demand for premium, planned communities.The launch covered two reside..

Next Story
Infrastructure Transport

Palakkad Railway Division Upgrades Turnouts for Safety

The Southern Railway’s Palakkad Division has implemented a series of infrastructure upgrades to enhance train safety and operational efficiency. Over the past one year, the division has replaced one hundred thirty-three ageing fifty-two kilogram turnouts with robust sixty kilogram Thick Web Switches, engineered for high-speed durability and increased strength.Seventy-seven track layouts were corrected using advanced computer-based geometry solutions, involving precise longitudinal and lateral alignment with the aid of the T-28 Track Relaying Machine. These corrections improve track stability..

Next Story
Infrastructure Energy

Centre to Fast-Track Four Hydro Projects in Kishtwar

The Government of India is set to fast-track the construction of four major hydropower projects in Jammu and Kashmir’s Kishtwar district—Pakal Dul, Ratle, Kiru, and Kwar. These are being developed on the Chenab river and its tributaries, with Pakal Dul standing out as the state’s first water storage hydro project.The Pakal Dul project will have a capacity of one thousand megawatts and a live storage of nearly one hundred nine million cubic metres, significantly higher than the thirty million cubic metres at the existing Baglihar dam. Kiru, Ratle, and Kwar will offer limited storage with ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?