HomeLatestAndhra Pradesh CRDA Approves Rs 8,822 Crore Projects for Amaravati's Infrastructure Development

Andhra Pradesh CRDA Approves Rs 8,822 Crore Projects for Amaravati’s Infrastructure Development

The Capital Region Development Authority (CRDA) in Andhra Pradesh has approved projects worth Rs 8,822 crore for the development of Amaravati, the state’s capital city. This decision was made during a meeting chaired by Chief Minister Chandrababu Naidu, focusing on the infrastructure development of Amaravati.

As part of the initiatives, Rs 3,807 crore has been allocated for the construction of roads in areas where land has been acquired through the land pooling scheme. Additionally, Rs 4,521 crore will be invested in the development of trunk roads to improve connectivity, while Rs 492 crore will go towards constructing bungalows for Ministers and High Court judges. Earlier, the CRDA had cleared works worth Rs 11,471 crore, bringing the total approved works to Rs 20,292.46 crore. The approved projects include the development of layouts spanning 236 kilometers, covering areas like Nelapadu, Rayapudi, Ananthavaram, and Dondapadu. Furthermore, 97.5 km of trunk roads have been greenlit for construction.

Minister P Narayana emphasized that despite calling tenders for works worth Rs 41,000 crore between 2014-2019, only projects worth Rs 5,000 crore had been completed. He noted that delays in construction led to an increase in the overall cost of projects by 25% to 28%, with building costs rising by 35% to 55%. Narayana assured that tenders for the new projects would be issued by December 15, with completion expected by the end of the month. However, some delays occurred due to legal cases involving Singapore-based designers, and decisions regarding their re-engagement will be made in consultation with the Chief Minister.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Prestige Group Outlook Tests Real Estate Cycle Peak

Prestige Group Outlook Tests Real Estate Cycle Peak

0
India’s real estate cycle is entering a phase of closer scrutiny, as fresh data and developer commentary suggest that while housing demand remains active,...
Kolkata Real Estate Sees Modest Price Rise

Kolkata Real Estate Sees Modest Price Rise

0
Residential activity in Kolkata registered a measured uptick in early 2026, with housing sales rising modestly even as several major Indian cities reported a...
Pune MahaRERA Order Flags Builder Delays Impact

Pune MahaRERA Order Flags Builder Delays Impact

0
A regulatory order in Pune’s Baner locality has sharpened scrutiny on project delays in commercial real estate, with the state authority directing developers to...
Pune EEVVA Project Shapes Punawale Housing Shift

Pune EEVVA Project Shapes Punawale Housing Shift

0
A new residential development, EEVVA, has been introduced in Punawale, a fast-expanding suburb in Pune’s western corridor, signalling continued momentum in the city’s peripheral...
Mumbai Real Estate Cycle Tilts Toward Affordable Housing

Mumbai Real Estate Cycle Tilts Toward Affordable Housing

0
A visible shift is emerging in Mumbai’s housing market, where developers who once prioritised larger luxury apartments are beginning to confront weakening demand and...