TUDA to auction 145 acres of Surappakasam lands near Tirupati
Real Estate

TUDA to auction 145 acres of Surappakasam lands near Tirupati

The Tirupati Urban Development Authority (TUDA) is preparing to auction off Surappakasam lands, which span 145 acres in Renigunta Mandal near Tirupati, in a phased manner to collect Rs 300 crore.

TUDA vice-chairman S Hari Krishna told media that following the approval of TUDA chairman Dr Chevireddy Bhaskar Reddy and the state government of Andhra Pradesh, a total of 971 plots, including 876 residential plots and 95 premium plots, will be put up for e-auction in a transparent manner starting March 5.

Padmavathi Nagar TUDA township, which is only 10 km from Tirupati airport and 11 km from the railway station, has been named after the renowned township. The plots have been divided into six separate categories, with plots designated for both the economically disadvantaged and the high-income groups by TUDA.

While TUDA will commence an e-auction procedure to bid for the plots on March 5th, the full auction process will be carried out in stages to raise about Rs 300 crore.

TUDA wants to invest around Rs.100 crore to establish roads, build different amenities, and infrastructure within the township using monies raised from the sale of plots. The landscaping effort includes the creation of nine parks throughout the township.

The Tirupati Urban Development Authority, or TUDA, is a government entity that serves as the primary planning authority for Tirupati and its surrounding districts in Andhra Pradesh, India.

Image Source

Also read: SEBI extends properties auction deadline of Kerala Housing Finance

The Tirupati Urban Development Authority (TUDA) is preparing to auction off Surappakasam lands, which span 145 acres in Renigunta Mandal near Tirupati, in a phased manner to collect Rs 300 crore. TUDA vice-chairman S Hari Krishna told media that following the approval of TUDA chairman Dr Chevireddy Bhaskar Reddy and the state government of Andhra Pradesh, a total of 971 plots, including 876 residential plots and 95 premium plots, will be put up for e-auction in a transparent manner starting March 5. Padmavathi Nagar TUDA township, which is only 10 km from Tirupati airport and 11 km from the railway station, has been named after the renowned township. The plots have been divided into six separate categories, with plots designated for both the economically disadvantaged and the high-income groups by TUDA. While TUDA will commence an e-auction procedure to bid for the plots on March 5th, the full auction process will be carried out in stages to raise about Rs 300 crore. TUDA wants to invest around Rs.100 crore to establish roads, build different amenities, and infrastructure within the township using monies raised from the sale of plots. The landscaping effort includes the creation of nine parks throughout the township. The Tirupati Urban Development Authority, or TUDA, is a government entity that serves as the primary planning authority for Tirupati and its surrounding districts in Andhra Pradesh, India. Image Source Also read: SEBI extends properties auction deadline of Kerala Housing Finance

Next Story
Infrastructure Urban

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Next Story
Infrastructure Urban

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Next Story
Infrastructure Urban

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement