Amaravati Greenfield City Construction to Begin by March 15

Andhra Pradesh to Kickstart Amaravati Capital City Project

Andhra Pradesh Municipal Minister P Narayana announced on Saturday that construction work for the greenfield capital city of Amaravati will commence by March 15. This development follows the conclusion of the model code of conduct for the recent MLC elections, paving the way for the project's revival.

Key Highlights:

• Tendering and Selection: Tendering process and contractor selection are underway.
• LOAs Issued: Agreements (LOAs) to be issued to contract agencies with authority permission.
• Original Plan Retained: Amaravati plan designed between 2014 and 2019 will remain unchanged.
• Surplus Land Bank: 4,000 acres available for development.
• Funding Mechanism: Construction funded by land sales, not taxpayers' money.
• Budget Allocation: Rs 6,000 crore allocated from non-exchequer sources.

Official Statements:

Minister Narayana stated, "In a couple of days, LOAs (agreements) will be issued to contract agencies with the permission of the authority." He also emphasized the seven-month effort to ensure legal clarity and avoid future disputes.

Economic Impact

The initiative aims to develop Amaravati as a modern, planned city, focusing on essential infrastructure such as roads, utilities, and public amenities. The availability of a large land bank allows for comprehensive planning and execution of these infrastructure projects. The funding strategy, based on land sales, ensures that the project progresses with minimal impact on public finances.

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