Latest news with #CRDA
New Indian Express
14 hours ago
- Business
- New Indian Express
Land pooling for Amaravati to go beyond 217 sq km
VIJAYAWADA: The Capital Region Development Authority (CRDA) has approved the expansion of land pooling beyond the existing 217 sq. km limit, paving the way for large-scale infrastructure projects in Amaravati. Municipal Administration and Urban Development Minister Ponguru Narayana announced key decisions taken during the 48th CRDA meeting, held on Monday at the State Secretariat under the chairmanship of Chief Minister N Chandrababu Naidu. One of the major announcements was the finalisation of L-1 tenders for the construction of five administrative towers in Amaravati's core capital area at an estimated cost of Rs 3,673 crore. The GAD Tower, to be built at a cost of Rs 882 crore, has been awarded to NCC. HOD Towers 1 and 2, estimated at Rs 1,487 crore, will be constructed by Shapoorji & Pallonji, while L&T has been entrusted with the construction of HOD Towers 3 and 4 for Rs 1,304 crore. 'The construction works will begin soon and will be carried out as per the original designs prepared during the 2014-2019 period,' the minister said. He added that the development of these towers aims to bring all government departments under one roof, ensuring ease of access for citizens and efficient administration.
Hans India
17 hours ago
- Business
- Hans India
Tenders finalised for construction of five admin towers in Amaravati
Vijayawada: Minister for Municipal Administration P Narayana said the CRDA meeting led by Chief Minister Chandrababu Naidu on Monday finalised tenders for construction of five administrative towers in Amaravati core capital area. Giving details of CRDA meeting, the Minister said the tender for construction of Rs 882 cr GAD tower bagged by NC Company, Rs 1,487 cr worth HOD towers by Shapoorji Pallonji and Rs 1,304 cr HOD tower by L&T company have been said the concerned companies will start construction work soon. The Minister said the construction of administrative towers will be taken up as per the designs approved during the previous TDP regime. He said 5,000 acres of land was required for the construction of an International Airport in Amaravati and 2,500 acres for Smart Industries Eity and another 2,500 acres for International Sports City. The government is yet to take a decision on whether to acquire land or go for land pooling. He said the government has to acquire 40,000 acres from people. However, farmers are preferring land pooling. The Minister said the constructions in Amaravati capital will be completed in three years.
The Hindu
a day ago
- Business
- The Hindu
NCC, Shapoorji & Pallonji, and L&T to build five towers in Amaravati at ₹3,673 crore
The 48th Capital Region Development Authority (CRDA) meeting, held under the chairmanship of Chief Minister N. Chandrababu Naidu at the Secretariat on Monday, approved the selection of NCC Limited for the construction of the GAD Tower and Shapoorji & Pallonji and Larsen & Toubro (L&T) for the construction of Head of Department (HoD) Towers 1 and 2, and 3 and 4 respectively at a total cost of ₹3,673 crore. Announcing it in a press conference on Monday, Municipal Administration Minister P. Narayana said NCC emerged as the lowest bidder for the GAD Tower by quoting a sum of ₹882 crore, while Shapoorji & Pallonji and L&T were the lowest bidders for the HoD Towers 1 and 2, and 3 and 4 by offering to build them for ₹1,488 crore and ₹1,303 crore. The CRDA approved the issue of Letters of Agreement to them with the mandate to begin the works immediately. The construction of these five administrative towers had begun during 2014-19 but had come to a grinding halt after the YSR Congress Party (YSRCP) came to power. The NDA government now focused on their construction and cleared all the legal hurdles that came in their way. These towers were so planned that the Ministers and all HoDs concerned would be seated in the same building for the convenience of the public approaching them. Amaravati airport Mr. Narayana said the CRDA also gave permission for the construction of an international airport on 5,000 acres in the capital with a vision for the next 50 to 100 years. An airport of such scale was mainly essential for investors to easily travel to Amaravati, the Minister said, while pointing out that Mr. Chandrababu Naidu's decision to build the international airport at Shamshabad had been heckled by his critics but time proved them wrong. Land for smart industries Further, Mr. Narayana said the CRDA cleared the proposed allotment of 2,500 acres for smart industries in Amaravati that would give a fillip to the value of lands pooled from the farmers. Besides, an international sports city was planned to be developed, and it was decided to extend the rules and regulations applied to the original master plan of 217 square kilometres of the capital region, to more lands which the government contemplated to take through the Land Pooling Scheme (LPS). So far, farmers came forward to give 24,000 acres more under the LPS. Additional funding As far as external funding of the Amaravati project was concerned, Mr. Narayana said the government was hopeful of raising ₹5,000 crore from various banks and lending institutions in addition to ₹15,000 crore already sanctioned by the World Bank and the Asian Development Bank and ₹11,000 crore approved by HUDCO. Asked whether the government was trying to rope in the Government of Singapore (GoS) for the development of Amaravati, he replied in the affirmative, while stating that the GoS officials who helped the A.P. government during 2014-19 in preparing the Amaravati master plan and related activities were sceptical due to bitter experience they had during the YSRCP regime.
New Indian Express
26-05-2025
- Business
- New Indian Express
Tenders soon for Guntur Inner Ring Road Phase III
GUNTUR: The long-pending third phase of Guntur's Inner Ring Road (IRR) project is finally progressing after years of delay. Stalled during the previous YSRCP government, the IIR project has gained fresh momentum under the current coalition government, promising to ease Guntur's growing traffic congestion and boost regional connectivity. The Capital Region Development Authority (CRDA) is preparing to invite tenders for constructing the 4.5-kilometre stretch from Swarnabharathi Nagar to Palakaluru, at an estimated cost of around Rs 48 to Rs 50 crore. This phase will complete the 11-kilometre four-lane highway originally planned in 2005 by the Vijayawada-Guntur-Tenali-Mangalagiri Urban Development Authority (VGTM UDA). The road is designed to connect Perecherla in western Guntur to National Highway-65 near Autonagar, allowing heavy vehicles from Palnadu district to bypass the city centre. The first two phases, covering nearly 6.7 km, were completed between 2010 and 2018, but land acquisition challenges and compensation claims delayed the final phase. With the region now under CRDA's jurisdiction following Amaravati's capital status, authorities recently resolved several land disputes. Compensation amounting to Rs 6.35 crore has been disbursed to displaced families, and monthly allowances of Rs 10,000 are provided to affected landowners. Efforts to clear structural damage claims are ongoing.
Time of India
24-05-2025
- Business
- Time of India
CRDA to begin final phase of IRR in Guntur
Guntur: The Capital Region Development Authority (CRDA) is set to launch the third phase of Inner Ring Road (IRR) construction in Guntur city at an estimated cost of 50 crore. With the Guntur Municipal Corporation (GMC) clearing encroachments along the 4.5-km stretch, CRDA is now preparing to invite tenders for the road development. Tired of too many ads? go ad free now The final phase of IRR, stalled for nearly 20 years, aims to ease traffic congestion by allowing heavy vehicles from Palnadu district to access National Highway-65 without entering the city. Initially conceptualized in 2005 by the Vijayawada-Guntur-Tenali-Mangalagiri Urban Development Authority (VGTM UDA) — CRDA's predecessor — the IRR was designed to connect Perecharla (western Guntur) with NH-65 (eastern Guntur near Autonagar) through an 11-km four-lane highway. Due to land acquisition challenges, the project was executed in phases, with only 7 km completed over the past two decades. Despite multiple government transitions, the final phase remained incomplete. Following the TDP-led NDA assuming power, Union minister Pemmasani Chandrasekhar took the initiative to push CRDA authorities to complete the IRR, addressing Guntur's growing traffic woes. Dr. Pemmasani also secured four Railway Over Bridge (ROB) projects, including one linked to the IRR, from the Union highways and road transport ministry. With the National Highways Authority of India (NHAI) now preparing to begin ROB work, CRDA is keen to accelerate the final phase of IRR development. "We have cleared encroachments and distributed TDR bonds to affected property owners. The road markings are complete, and now it's over to CRDA to proceed with development," said GMC commissioner Puli Srinivasulu.
