+
Rs 114.67 Bn Investment in Amaravati Roads Housing and Infrastructure
ECONOMY & POLICY

Rs 114.67 Bn Investment in Amaravati Roads Housing and Infrastructure

The CRDA authority has approved the resumption of various construction works in the capital, Amaravati, in the first phase at a cost of Rs 114.67 billion. Key projects include the construction of main roads, with an allocation of Rs 24.98 billion, and the development of Palavagu, Kondaveeti Vagu, Gravity canals, as well as the construction of three reservoirs, which will cost Rs 15.85 billion.

Residential buildings for All India Services officers, gazetted and non-gazetted officers, and Class IV employees will be completed at a cost of Rs 35.25 billion. Development works for layouts allotted to farmers under land consolidation will continue with Rs 38.59 billion.

The earlier tenders for 2019 will be cancelled, and fresh tenders will be issued for these works based on the new SSR rates. The authority has also approved the invitation of fresh tenders for the HappyNest project in Amaravati, with a revised estimate of Rs 9.84 billion. The government will pay Rs 2.70 billion to CRDA due to project delays.

The 41st meeting of the CRDA Authority was held under the chairmanship of Chief Minister Chandrababu at his residence in Undavalli evening.

It was also noted that many of these works would be undertaken with funding from the World Bank and ADB.

The CRDA authority has approved the resumption of various construction works in the capital, Amaravati, in the first phase at a cost of Rs 114.67 billion. Key projects include the construction of main roads, with an allocation of Rs 24.98 billion, and the development of Palavagu, Kondaveeti Vagu, Gravity canals, as well as the construction of three reservoirs, which will cost Rs 15.85 billion. Residential buildings for All India Services officers, gazetted and non-gazetted officers, and Class IV employees will be completed at a cost of Rs 35.25 billion. Development works for layouts allotted to farmers under land consolidation will continue with Rs 38.59 billion. The earlier tenders for 2019 will be cancelled, and fresh tenders will be issued for these works based on the new SSR rates. The authority has also approved the invitation of fresh tenders for the HappyNest project in Amaravati, with a revised estimate of Rs 9.84 billion. The government will pay Rs 2.70 billion to CRDA due to project delays. The 41st meeting of the CRDA Authority was held under the chairmanship of Chief Minister Chandrababu at his residence in Undavalli evening. It was also noted that many of these works would be undertaken with funding from the World Bank and ADB.

Next Story
Building Material

UltraTech’s Limestone Mine Gets India’s First-Ever 7-Star Rating

UltraTech Cement, India’s largest producer of cement and Ready-Mix Concrete (RMC), has received top honours for sustainable mining practices. Thirteen of the company’s limestone mines were awarded star ratings by the Indian Bureau of Mines (IBM), Ministry of Mines, for FY 2023–24 during a ceremony held in Jaipur, Rajasthan. Among these, the Naokari Limestone Mine—part of UltraTech’s Awarpur Cement Works in Chandrapur, Maharashtra—was awarded India’s first-ever 7-star rating for a limestone mine, in recognition of exceptional performance in ‘Green Mining’. The remain..

Next Story
Infrastructure Urban

Sieger Parking Enters Mumbai Market, Expands West India Presence

Sieger Parking, a Coimbatore-headquartered specialist in automated and multi-level car parking systems, has announced its entry into Western India with the launch of a regional office in Mumbai. This move marks a key milestone in the company’s pan-India growth strategy and its commitment to delivering technology-driven, space-efficient parking solutions across urban India. The Mumbai office will serve as the regional headquarters for Maharashtra and neighbouring states, supporting end-to-end operations with on-ground sales, project management, and service teams. The aim is to fast-track..

Next Story
Resources

IGBC Green Kochi Conclave 2025 Champions Culture and Climate Action

The Indian Green Building Council (IGBC), part of CII, hosted the Green Kochi Conclave 2025 on 4 July at Hotel Holiday Inn, Kochi, under the theme “Tharavadu to Tomorrow: Weaving Kerala’s Heritage into a Sustainable Built Environment.” The event brought together policymakers, architects, developers, and thought leaders to discuss Kerala’s progress in blending cultural heritage with sustainable design.  Kerala is emerging as a frontrunner in climate-resilient development, thanks to passive design strategies, rainwater harvesting, cool roof initiatives, and the widespread adopt..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?