Promoted by AVS Raju and his associates, NCC was incorporated on March 22, 1990.
Amaravati is all set to be the focal of the development and progress of Andhra Pradesh. And all credit to Andhra Pradesh´s Chief Minister, Chandrababu Naidu. Thanks to his zeal and unstinted far-sightedness for the long-term, Amaravati will soon be a model for innovative urban development technologies.
Nirvana´ is the word that means, and describes, Amaravati. And Andhra Pradesh´s new capital is set to be the focal point of the state´s development. The state government has an identified land bank of 3 lakh acre for Amaravati city and is consolidating an additional industrial land bank of about 7 lakh acre. It has pooled over 33,000 acre from farmers
In Amaravati, the new capital city of Andhra Pradesh, every multiplex, hospital, hotel and commercial buildings with plot area of more than 1,000 sq m and a built-up area of more than 2,000 sq m will have to mandatorily incorporate energy-efficient designs from the construction stage itself.
The government plans to increase the number of Smart Cities to over 100. It recently allowed seven state capitals - Bengaluru, Patna, Shimla, Amaravati (Andhra Pradesh).
Amaravati, the upcoming new capital of Andhra Pradesh, has the potential to become a world-class city, thanks to its strategic location and proposed infrastructure
As stated in recent reports, Singapore’s Prime Minister Lee Hsien Loong points out to India as a country not open for business, referring to land acquisition, over-regulation and legal hassles as one of the biggest bottlenecks.
Showing keen interest in partnering with the state of Andhra Pradesh in building Amaravati, the Sri Lankan Government has suggested that the Andhra Pradesh Chief Minister N Chandrababu Naidu should consider replicating some of its development plans in order to attract tourists.
The Andhra Pradesh Government has presented its Rs 1.57 lakh crore budget, which comprised revenue expenditure of Rs 1.26 lakh crore and capital expenditure of Rs 31,087 crore.
The Andhra Pradesh Government has selected L&T, NCC and Shapoorji Pallonji to develop a mega-housing project in Amravati.
