Naidu Approves Road and Housing Construction in Amaravati
Real Estate

Naidu Approves Road and Housing Construction in Amaravati

N Chandrababu Naidu, Chief Minister, Andhra Pradesh, approved the construction of roads in Amaravati Zone 7 and 10 with an allocation of Rs 27.23 billion during the 44th meeting of the Capital Region Development Authority (CRDA) held at the state secretariat.

Among the several key decisions, Naidu also sanctioned Rs 1.02 billion to complete pending housing projects by the Andhra Pradesh Township And Infrastructure Development Corporation (APTIDCO), setting a deadline of June 12 for their completion.

The Chief Minister further mentioned that the government had approved projects worth a total of Rs 472.88 billion for CRDA in Amaravati, underscoring the government's on-going commitment to improving infrastructure and housing in the state capital. He emphasised that this recent approval was expected to accelerate Amaravati's development, positioning it as a core hub for growth in the region.

Municipal administration and urban development minister P. Narayana provided details of the decisions made at the CRDA meeting, stating that 1.18 lakh houses would be completed. He added that APTIDCO had become a non-performing asset due to delays. He explained that these houses, sanctioned between 2014 and 2019 by the Centre, were delayed due to various issues. During this period, a total of 7,01,481 houses were approved, with permissions granted for 5 lakh houses and 4,54,706 houses being grounded. By 2019, the construction of 3,13,832 houses had commenced.

The minister assured that no financial burden would fall on the public for the development of Amaravati. He clarified that the funds for these projects would be repaid through the sale of land acquired via pooling from farmers and that no loans would be used to cover the development costs. He also stated that the development of Amaravati would be completed within three years.

Narayana highlighted that the state government had adopted a planned approach to ensure balanced development across all 26 districts of Andhra Pradesh. He mentioned the allocation of several Central institutions to various districts, including the Tribal University for Vizianagaram, IIM for Visakhapatnam, and IIT for Tirupati. The government is also focusing on establishing industrial hubs, such as a drone hub in Kurnool and manufacturing units in Rayalaseema.

The minister also stated that the government is working on developing ports and satellite cities through land pooling, following the Amaravati model, in various locations. In Visakhapatnam, efforts are underway to bring back major companies such as TCS and Google, and in Kurnool, a drone hub is being set up on 350 acres.

N Chandrababu Naidu, Chief Minister, Andhra Pradesh, approved the construction of roads in Amaravati Zone 7 and 10 with an allocation of Rs 27.23 billion during the 44th meeting of the Capital Region Development Authority (CRDA) held at the state secretariat. Among the several key decisions, Naidu also sanctioned Rs 1.02 billion to complete pending housing projects by the Andhra Pradesh Township And Infrastructure Development Corporation (APTIDCO), setting a deadline of June 12 for their completion. The Chief Minister further mentioned that the government had approved projects worth a total of Rs 472.88 billion for CRDA in Amaravati, underscoring the government's on-going commitment to improving infrastructure and housing in the state capital. He emphasised that this recent approval was expected to accelerate Amaravati's development, positioning it as a core hub for growth in the region. Municipal administration and urban development minister P. Narayana provided details of the decisions made at the CRDA meeting, stating that 1.18 lakh houses would be completed. He added that APTIDCO had become a non-performing asset due to delays. He explained that these houses, sanctioned between 2014 and 2019 by the Centre, were delayed due to various issues. During this period, a total of 7,01,481 houses were approved, with permissions granted for 5 lakh houses and 4,54,706 houses being grounded. By 2019, the construction of 3,13,832 houses had commenced. The minister assured that no financial burden would fall on the public for the development of Amaravati. He clarified that the funds for these projects would be repaid through the sale of land acquired via pooling from farmers and that no loans would be used to cover the development costs. He also stated that the development of Amaravati would be completed within three years. Narayana highlighted that the state government had adopted a planned approach to ensure balanced development across all 26 districts of Andhra Pradesh. He mentioned the allocation of several Central institutions to various districts, including the Tribal University for Vizianagaram, IIM for Visakhapatnam, and IIT for Tirupati. The government is also focusing on establishing industrial hubs, such as a drone hub in Kurnool and manufacturing units in Rayalaseema. The minister also stated that the government is working on developing ports and satellite cities through land pooling, following the Amaravati model, in various locations. In Visakhapatnam, efforts are underway to bring back major companies such as TCS and Google, and in Kurnool, a drone hub is being set up on 350 acres.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?