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 Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement