SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Amaravati

Andhra CM inaugurates E3 Seed Access Road and bridge linking Amaravati

18 Aug 2026

Andhra Pradesh Chief Minister N Chandrababu Naidu has inaugurated the E3 Seed Access Road and a bridge that strengthens connectivity between Vijayawada and Amaravati. The infrastructure is part of the road network being developed to support the state capital region and improve access to Amaravati. The newly opened stretch is expected to facilitate smoother movement for commuters and provide a more direct route towards the capital area. The project is also part of the government’s broader effort to accelerate infrastructure creation in Amaravati, where road, bridge and other supporting projects are being taken up to prepare the region for expanded residential, commercial and administrative activity.Read more

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APCRDA holds village meetings on Amaravati master plan and road network

17 Aug 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has started a series of village-level meetings as part of the preparation of Village Circulation Plans and Village Integration Plans under the Amaravati Master Plan. Meetings were held at Venkatapalem and Krishnayapalem to explain the proposed road network, its integration with existing village roads and future infrastructure requirements. Officials also sought feedback from residents and are conducting surveys to map existing roads and connectivity. The exercise is aimed at incorporating local requirements into village-level planning as Amaravati’s wider infrastructure development progresses.Read more

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Pedamaddur completes 70.66% of land pooling for Amaravati

14 Aug 2026

Land pooling for Amaravati has reached 70.66% in Pedamaddur under the second phase of the Land Pooling Scheme (LPS 2.0). Of the 1,018 acres targeted in the village, Andhra Pradesh Capital Region Development Authority (APCRDA) officials have so far collected 719.35 acres from farmers. The process is progressing with farmers voluntarily coming forward to provide their land for the development of the capital. Several farmers recently submitted their land-related documents to APCRDA officials, further advancing the consolidation process in the village.Read more

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113 returnable plots allotted to Amaravati farmers through e-lottery

14 Aug 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has allotted 113 returnable plots to 42 farmers from five Amaravati villages through an e-lottery. The allotment covers farmers who recently contributed land for the development of Amaravati as well as eligible beneficiaries seeking alternative plots due to road alignment, court cases or land acquisition affecting their earlier allotments. The lottery was conducted using an online randomisation system in the presence of the beneficiaries. APCRDA officials also issued provisional allotment certificates and said GIS personnel and village surveyors would help farmers identify their allotted plots.Read more

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Amaravati Seed Access Road gets a green makeover with 26 plant varieties

14 Aug 2026

The Amaravati Development Corporation (ADC) is undertaking extensive greenery and landscaping work along the Seed Access Road, one of the main roads connecting the capital region. The work is being carried out ahead of the road’s formal inauguration by Andhra Pradesh Chief Minister Chandrababu Naidu on August 13. Officials from the greenery department are planting 26 varieties of trees and ornamental plants along different sections of the road. Golden Neem and Plumeria Rubra, brought specially from nurseries, will form the main attraction. Landscaping is also being carried out around the Buckingham Canal, while preserved trees at Anantavaram are being given a more landscaped setting.Read more

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Amaravati villages discuss road network planning under master plan

13 Aug 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) held Village Sabha meetings in Undavalli and Uddandarayunipalem to discuss the Amaravati Master Plan and village-level road network planning. The consultations focused on the proposed Village Circulation Plan and Village Integration Plan, including the integration of existing village roads with roads planned under Land Pooling Scheme (LPS) zones. Officials also explained ongoing surveys to map existing road connectivity and gather information for future infrastructure planning. Residents participated in the discussions and shared suggestions, which APCRDA said would be examined before the village-level plans are finalised.Read more

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APCRDA holds village meetings on Amaravati road network planning

13 Aug 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has held Village Sabha meetings in Lingayapalem and Velagapudi as part of the planning process for Amaravati’s village-level road network. The meetings focused on the Amaravati Master Plan, Village Circulation Plan and Village Integration Plan, with officials explaining how existing village roads could be integrated with roads planned under Land Pooling Scheme (LPS) zones. Surveys are also being conducted to map existing road networks and connectivity. Residents shared suggestions during the consultations, which APCRDA said would be considered while finalising the plans for individual villages.Read more

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NBCC secures INR 780 crore RBI contract for office and staff housing in Amaravati

07 Aug 2026

State-owned NBCC Ltd has secured a project management consultancy (PMC) contract worth INR 780.38 crore from the Reserve Bank of India (RBI) for the development of an office complex and residential quarters in Amaravati, Andhra Pradesh. Under the project, NBCC will oversee the construction of the RBI's new office at Nelapadu and residential accommodation for its officers and staff at Inavolu. The order further strengthens NBCC's government project portfolio, where the company continues to execute large-scale institutional, infrastructure and redevelopment assignments across the country.Read more

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Farming family offers 5 acres for Amaravati capital land pooling

04 Aug 2026

A farming family from Penumaka village has voluntarily offered 5 acres of land under the Amaravati land pooling scheme for the development of Andhra Pradesh's capital city. The family submitted its consent documents to the Andhra Pradesh Capital Region Development Authority (APCRDA) at its Rayapudi headquarters in the presence of senior officials. The move comes as the state government continues efforts to accelerate Amaravati's development through voluntary land pooling. The family also appealed to other landowners in the capital region to cooperate with the authorities during the ongoing land pooling process.Read more

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Amaravati directs stricter road safety measures for construction vehicles across capital city projects

04 Aug 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has strengthened road safety and traffic management measures across Amaravati Capital City by directing all implementing agencies to follow stricter rules for construction vehicles. A review meeting involving transport, engineering and project officials focused on enforcing speed limits, preventing overloading, improving traffic signage and increasing driver awareness. The authorities also decided to bring all project vehicles under the APCRDA QR Code Identification System to improve monitoring and accountability as infrastructure works continue across the capital city.Read more

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Andhra Pradesh sanctions INR 1,381 crore advance tariff subsidy for three power discoms

03 Aug 2026

The Andhra Pradesh government has approved an advance tariff subsidy of INR 1,381 crore for the state's three power distribution companies (DISCOMs) for the financial year 2026-27. The allocation includes separate grants for Andhra Pradesh Eastern, Southern and Central power distribution companies to support tariff subsidy payments. Following this approval, the Energy Department has retained a balance budget of INR 1,364 crore from the total allocation of INR 2,744.4 crore. The move is aimed at ensuring timely financial support to the utilities for maintaining power supply and meeting subsidy commitments.Read more

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AGICL awards INR 83.99 crore contract to L&T for final phase of Amaravati NGO housing towers

28 Jul 2026

Amaravati Growth & Infrastructure Corporation Limited (AGICL) has awarded Larsen & Toubro (L&T) the Letter of Award (LOA) for the final-phase works of the Non-Gazetted Officers (NGO) Housing Towers in the Amaravati Government Complex. The contract, valued at INR 83.99 crore, covers the construction of sewage treatment plants, compound walls and other finishing works. L&T secured the project as the lowest (L1) bidder. The award marks another step towards completing the residential infrastructure developed for government employees in Amaravati, the greenfield capital city of Andhra Pradesh.Read more

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PNB partners with Andhra Pradesh to launch Quantum Finance Hub at Amaravati Quantum Valley

26 Jul 2026

Punjab National Bank (PNB) has partnered with the Andhra Pradesh government to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley, marking the first such collaboration between a public sector bank and a state government in India. The initiative aims to promote innovation in banking by leveraging Artificial Intelligence and Quantum Computing while addressing cybersecurity and fraud risks. The hub will bring together startups, academia, industry and government agencies to develop future-ready banking solutions, support research, encourage skill development and strengthen India's digital financial ecosystem.Read more

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Rayapudi family pools 17.05 acres for Amaravati capital development

21 Jul 2026

A family from Rayapudi village has voluntarily contributed 17.05 acres of land under the Land Pooling Scheme (LPS) for the development of Amaravati, reaffirming support for Andhra Pradesh's capital city project. The consent documents were submitted to the Andhra Pradesh Capital Region Development Authority (APCRDA) at its headquarters in Rayapudi. The family said they were pleased to be part of the capital's development and encouraged other landowners in the capital region to voluntarily participate in the land pooling process to support the project's progress.Read more

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APCRDA allots 76 returnable plots to 33 Amaravati farmers through e-lottery

21 Jul 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has allotted 76 returnable plots to 33 farmers who voluntarily contributed land under the Amaravati Land Pooling Scheme (LPS). The allotment was carried out through an online e-lottery system to ensure transparency, followed by the distribution of provisional allotment certificates. The plots include both residential and commercial categories across multiple villages. Farmers have been advised to complete the registration process at the earliest, with APCRDA officials extending technical support for plot identification through GIS and survey teams.Read more

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Amaravati’s HappyNest residential project records 1.5 million safe man-hours without a lost time injury

18 Jul 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has announced that the HappyNest residential project in Amaravati has achieved 1.5 million safe man-hours without recording a Lost Time Injury (LTI). The milestone was achieved through strict safety practices, regular worker training, continuous site monitoring and preventive measures. The project, being executed by NCC Limited, includes 1,200 apartments across 12 residential towers. To mark the achievement, APCRDA organised a recognition programme for workers and project teams, highlighting its continued focus on workplace safety and disciplined project execution.Read more

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APCRDA introduces immediate road safety measures to reduce accidents in Amaravati

18 Jul 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has directed officials to implement a series of immediate measures aimed at improving road safety in Amaravati amid ongoing construction activity. APCRDA Commissioner V. Vijaya Ramaraju held a review meeting with traffic police, RTO officials and other departments, issuing instructions to regulate heavy vehicle movement, strengthen traffic enforcement and improve monitoring. The measures include speed control, QR code-based vehicle tracking, deployment of additional traffic personnel, alternative routes for construction vehicles and restrictions on heavy vehicle movement during peak commuting hours.Read more

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Amaravati phase-I construction remains on schedule, Andhra Pradesh targets completion by 2027

15 Jul 2026

• Phase-I development works in Amaravati are progressing as scheduled and are expected to be completed by 2027, according to Andhra Pradesh Municipal Administration and Urban Development Minister P. Narayana.
• The review covered government complexes, road infrastructure and Land Pooling Scheme (LPS) layouts, with officials reporting that key projects such as MLA quarters have been completed while several other buildings are nearing completion.
• The state government reiterated its commitment to developing Amaravati as Andhra Pradesh's sole capital, dismissing criticism over project delays and maintaining that construction is progressing according to the approved master plan.
• Amaravati's first phase forms part of a broader capital city development programme involving major administrative buildings, transport infrastructure and civic amenities, with the Centre also supporting the project through approved government office infrastructure.
Read more

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AGICL floats INR 14 crore tender for Chief Justice's official residence in Amaravati

10 Jul 2026

The Amaravati Growth Infrastructure Corporation Ltd (AGICL) has invited bids for the construction of the official residence of the Chief Justice in Amaravati at an estimated cost of nearly INR 14 crore. The project forms part of the Andhra Pradesh government's ongoing capital city development programme and includes a two-storey residential bungalow with associated services and landscaping. The tender adds to the pipeline of judicial and administrative infrastructure projects currently under execution in Amaravati, supporting the phased development of the state's institutional and governance precinct.Read more

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APCRDA reviews progress of Iconic Towers 1 and 2 at Amaravati Government Complex

07 Jul 2026

Senior officials of the Andhra Pradesh Capital Region Development Authority (APCRDA) reviewed the construction progress of Iconic Towers 1 and 2 at the Amaravati Government Complex. During the site visit, APCRDA Commissioner V. Vijaya Rama Raju and Additional Commissioner Abhishek Kumar assessed the pace of work and held discussions with contractors and engineering officials. The review focused on construction quality, safety, project timelines and resource deployment. Officials directed the executing agencies to maintain prescribed standards while ensuring adequate manpower and faster execution to achieve the planned project milestones.Read more

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