Latest news with #AndhraPradeshCapitalRegionDevelopmentAuthority
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Business Standard
22 minutes ago
- Business
- Business Standard
Andhra Pradesh CRDA proposes projects worth ₹81,317 crore for Amaravati
The Andhra Pradesh Capital Region Development Authority (CRDA) has proposed works worth Rs 81,317 crore for the greenfield capital city of Amaravati, with tenders already issued for projects valued at Rs 50,552 crore. Chief Minister N Chandrababu Naidu reviewed the progress of Amaravati's construction at the Secretariat, in a meeting attended by Municipal Minister P. Narayana, senior officials, and contractors. CRDA has proposed works worth a total of Rs 81,317 crore for the construction of the capital city. Currently, it called tenders for projects worth Rs 50,552 crore, said an official press release. Officials informed the CM that construction work has commenced on 74 projects, covering housing, public buildings, roads, ducts, flood control measures, and other infrastructure. The TDP supremo instructed officials to complete Amaravati construction work six months ahead of the schedule. He reviewed the progress of infrastructure development in areas under the LPS (land pooling scheme) and the construction of residences for ministers, MLAs, officials, employees, and judges. On returnable plots to farmers, Naidu called for measures which would neither inconvenience the peasants nor impact Amaravati's master plan. Further, the CM instructed officials to expedite approvals to agencies intending to build their offices in the greenfield capital city, especially for institutions like BITS Pilani, XLRI and others. In addition, he suggested continuous monitoring of progress by 72 organisations which received land in the capital region. The CM noted that mere allocation of land does not complete the capital's development as investments and ventures need to follow. He sought investments across diverse sectors in Amaravati, including Sport City, tourism, airport infrastructure, biotechnology, educational institutions, and hospitals and directed officials to invite India's top 10 real estate companies to take up projects in the region. Emphasising the vision of transforming Amaravati into a green energy corridor, Naidu called for the promotion of electric vehicles, including monitoring and displaying air quality across seed capital, capital city and capital area regions of Amaravati.
The Hindu
a day ago
- Business
- The Hindu
A.P.-CRDA cancels Grievance Day programme on August 15
The Andhra Pradesh Capital Region Development Authority (AP-CRDA) has announced that its weekly Grievance Day programme for farmers, typically held every Friday at its Thullur office, will not take place on August 15 in observance of Independence Day. In a press release, CRDA Commissioner K. Kanna Babu stated that farmers and landowners can continue to submit petitions or complaints at any time via the 24/7 online Grievance Redressal Mechanism (GRM) portal, as well as at CRDA's village-level offices in Amaravati during regular working hours. Mr. Kanna Babu said that out of the ₹222.63 crore allocated for annual lease payments to farmers for the fiscal year 2024–25, ₹217.45 crore has already been directly credited to beneficiaries' bank accounts. Farmers can verify the status of their lease payments by entering their Aadhaar number on the CRDA website at:
The Hindu
28-07-2025
- Business
- The Hindu
Andhra Pradesh Cabinet clears amendments to expedite Amaravati land procurement under Negotiated Settlement Policy
The Andhra Pradesh Cabinet has approved amendments to the Negotiated Settlement Policy (NSP) to expedite land procurement for key infrastructure projects in Amaravati. The decision, taken on July 24, 2025, aims to overcome the practical hurdles encountered under the earlier framework and accelerate the development of the capital city. Under the existing NSP, the government had managed to acquire only nine acres—roughly 7% of the required 130 acres—in the R1 Zone earmarked for priority roads and utilities. With the new amendments in place, the focus shifts to acquiring the remaining 121 acres by offering improved compensation packages. The targeted land spans across 24 villages situated within Amaravati's core capital region. According to the Andhra Pradesh Capital Region Development Authority (APCRDA), it was observed that certain stretches of proposed priority roads and infrastructure projects fall in areas exempted from the Land Pooling Scheme (LPS), particularly in the demarcated village sites and extended habitations within the R1 Zone. Since LPS is not applicable in these exempted areas, and land acquisition under the LA R&R Act, 2013 is a time-consuming process, the government proposed to acquire land in these areas—and also some scattered houses located within the LPS but outside the R1 Zone—through negotiated settlements, as permitted under Section 124 of the APCRDA Act, 2014. The recent Cabinet-approved modifications introduce several key changes. Instead of the earlier plinth-area-based compensation, the revised policy allows for land-for-land allotments. The financial grants and resettlement benefits have been significantly increased. For families displaced by the project, the monthly livelihood grant has been doubled to ₹5,000 for a period of 10 years. In addition, housing construction assistance has been raised to ₹1.8 lakh, while transportation, subsistence, and resettlement allowances have also been enhanced. Officials underscored that the updated policy is designed to ensure fair and adequate compensation for landowners and to avoid procedural delays that could hold up critical infrastructure works. They also noted that landowners and farmers in the Amaravati region have shown considerable support for the capital city's development. The government believes the revised NSP will facilitate smoother land procurement and faster execution of infrastructure projects that are essential to transforming Amaravati into a world-class people's capital.
Business Standard
24-07-2025
- Business
- Business Standard
Larsen & Toubro receives orders under its buildings & factories segment
The Buildings & Factories (B&F) business vertical of Larsen & Toubro has secured large orders in India and abroad. According to the company's project classification, the orders are 'Large' ranging in value between Rs 2,500 crore to Rs 5,000 crore. The business has secured the following orders from the Andhra Pradesh Capital Region Development Authority that are to be executed in Amaravati: Construction of Integrated Andhra Pradesh State Secretariat & HoD Offices (Towers 3 & 4) on design and construction basis. The project scope involves construction of two towers on basement + ground + 39 floors configuration including an amenities-building. Construction of 21 residential towers, with the scope encompassing construction of RCC shell and core, architectural finishes, electrical, plumbing and sanitary fixtures, firefighting provisions, lifts, DG sets, HVAC systems, building security systems, internal roads, hardscaping and landscaping. The business has also secured an order from a reputed developer to construct residential towers in Mumbai, Maharashtra. This project comprises construction of RCC shell and core structures for two luxury towers in 1B+1G+5P+59floors configuration, reaching up to 200 metres height. Then, the B&F division of L&T Oman has secured a repeat order from a prestigious client for the construction of a premium office space in Muscat. The project encompasses the construction of three identical towers of G+8 floors, to be built above a shared two-level basement, along with a central landscaped plaza. The scope includes civil, architectural, MEP, internal finishes for common areas, hardscaping and landscaping.
Business Upturn
24-07-2025
- Business
- Business Upturn
L&T secures projects worth up to Rs 5,000 crore across India and the Middle East
Larsen & Toubro (L&T), a $30 billion Indian multinational known for its excellence in EPC projects, has announced significant wins for its Buildings & Factories (B&F) business vertical. The company has bagged large orders—ranging between ₹2,500 crore and ₹5,000 crore—in both domestic and international markets. Key Projects in India In Andhra Pradesh, L&T has secured multiple contracts from the Andhra Pradesh Capital Region Development Authority (APCRDA) for projects in Amaravati: Andhra Pradesh Secretariat & HoD Offices: L&T will design and construct Towers 3 and 4, each comprising a basement, ground floor, and 39 upper floors. The contract also includes the construction of an amenities building. 21 Residential Towers: The scope includes complete civil and architectural works—RCC shell and core, electricals, plumbing, sanitary fixtures, firefighting, lifts, DG sets, HVAC systems, and landscaping. In Mumbai, Maharashtra, L&T has also secured a contract from a reputed developer to build two luxury residential towers. These skyscrapers will feature a 1B+1G+5P+59 floors configuration, rising up to 200 metres in height, with RCC shell and core works as the main scope. International Win in Oman L&T's B&F division in Oman has received a repeat order from a prestigious client in Muscat. The project involves the construction of three identical premium office towers (G+8 floors) built above a shared two-level basement, complete with a landscaped central plaza. Scope of work includes civil, MEP, internal finishes for common areas, and external landscaping. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
