Amaravati Project to Launch in December
Deccan ChronicleVijayawada: Municipal administration and urban development minister Ponguru Narayana on Saturday indicated that construction work at the new capital Amaravati is likely to start from December 1. He disclosed that Chief Minister Nara Chandrababu Naidu is keen on completing the Amaravati capital project within four years.“We are proceeding with our plans keeping this target,” Narayana said. CREDAI Andhra Pradesh chairman Alla Siva Reddy said SOUTHCON 2024 in Andhra Pradesh has brought together developers to foster collaboration, innovation and sustainability. He said SOUTHCON 2024 will provide valuable insights into transformation of Amaravati as a sustainable city.“We would like the government to revise the costing of affordable housing to Rs 75 lakh from Rs 45 lakh. This will ensure that more homebuyers benefit under the schemes for affordable housing,” Irani said.CREDAI national secretary G. Ram Reddy gave an account of the national office property market, saying Chennai and Hyderabad have a share of 14 per cent and 13 per cent in this market.CREDAI Andhra Pradesh chairman Alla Siva Reddy said SOUTHCON 2024 in Andhra Pradesh has brought together developers to foster collaboration, innovation and sustainability.