Andhra Pradesh
The Chandrababu Naidu Government has drawn up ambitious plans to transform Andhra Pradesh into a “bustling” State and place it among the top three States in the country by 2022. Development of 14 major and minor ports, rivalling Singapore on the maritime front, three international airports and 14 domestic airports, three ‘mega cities’ and 11 [...] Continue Reading »
In some good news for Chandrababu Naidu, the Andhra Pradesh government has been told by its revenue department that more than 45,000 acres of degraded forest land, largely encroached by locals and small industrial units, are available in the surroundings of Vijayawada for building the new capital. The chief minister, who has received the report, [...] Continue Reading »
Andhra Pradesh’s new capital is being said to be located in Vijaywada-Guntur area, with clusters that would include Mangalgiri and Amravati towns developed around it. A central team has given an opinion this as one of the options.Although it has suggested two more options, Andhra Pradesh chief minister N Chandrababu Naidu is in favour of [...] Continue Reading »
The SatyaVani Homes have announced to plans to set up a satellite township project at Pocharam in the IT hub of Hyderabad with an outlay of Rs 250 crore. The Hyderabad based real estate company plans to develop around 1,800 apartments including 400 service apartments on a 15 acre site in a phased manner over [...] Continue Reading »
IT bigwig Wipro has revealed in a Sunday statement that, in the next five-year period, the company will hire 7,000 people for its SEZ (special economic zone) facility at Visakhapatnam. Other than the proposed hiring for the Vizag SEC, Wipro also plans to expand its operations to Vijayawada, Kakinada and Tirupati; and also in Telangana [...] Continue Reading »
The Sivaramakrishnan Committee was appointed by the Centre to facilitate identification of site for the creation of the new capital in Andhra Pradesh. This committee will hold meetings with the State Chief Minister N Chandrababu Naidu on Saturday to discuss the various options. The State has clearly specified its interest to set up the capital [...] Continue Reading »
The country’s urbanisation is being kept in mind by the Southern states of India and the Union Territories. The urban population of India has increased by around 27.80 percent from the total population in 2001 to around 31.10 percent in the year 2011. The information was provided by Urban Development Minister, M Venkaiah Naidu during [...] Continue Reading »
Many global real estate players believe that the Narendra Modi Government would bring back positive market sentiments. Global real estate developer Tishman Speyer is also one of them and is shifting back its focus on India. The company now is looking at expanding its footprint in the domestic market and planning new projects across many [...] Continue Reading »
Wipro and Tech Mahindra are apparently keen on making investments in Andhra Pradesh. The interest of the two companies in investing the State has become evident from the fact that they have approached the State Government to seek land for setting up facilities which will create employment opportunities for 12,500 people. With regard to the [...] Continue Reading »
After the bifurcation of the state of Andhra Pradesh and formation of Telangana, the Telangana Government is planning for measures to give boost to the real estate and other construction projects. A single window clearance system will reduce red-tapism, enhance visibility and speed up the projects. Speaking at a real estate event Gruhapravesham, the first property [...] Continue Reading »
