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

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

1 hour ago

• 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.
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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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World Bank appreciates APCRDA’s skill development and livelihood initiatives

29 Jun 2026

The World Bank has appreciated the skill development, self-employment and livelihood initiatives being implemented by the Andhra Pradesh Capital Region Development Authority (APCRDA) in the Amaravati Capital Region. During a review meeting held at the APCRDA headquarters in Rayapudi, officials presented the progress of programmes focused on creating employment opportunities for youth, supporting women’s economic empowerment and improving sustainable livelihoods. The discussions also covered job fairs organised by APCRDA and the broader social development efforts being carried out under the Amaravati Integrated Urban Development Project (AIUDP).Read more

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Amaravati to get new INR 25 crore school project on APCRDA-allotted land

29 Jun 2026

A new school is set to be developed in Amaravati after the Andhra Pradesh Capital Region Development Authority (APCRDA) allotted three acres of land at Abbarajupalem to the Amaravati Educational and Cultural Academy (AECA). The institution, which will be managed by DAV Chennai, aims to provide quality education to children in the Amaravati Capital Region. Built at an estimated cost of INR 25 crore with support from Amaravati farmers, the project is expected to create over 250 direct and indirect jobs. The permanent campus is targeted for completion within two years.Read more

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Tokhan Sahu reviews Amaravati infrastructure projects, praises pace of development

27 Jun 2026

Union Minister of State for Housing and Urban Affairs Tokhan Sahu visited Amaravati and reviewed the progress of key infrastructure and urban development projects being undertaken in the capital city. During the visit, he held discussions with senior state government officials and reviewed ongoing works related to roads, government buildings, housing, urban infrastructure and smart city initiatives. The minister also inspected the Amaravati Digital Twin model and received detailed presentations on the city's master plan and development strategy. He appreciated the progress achieved so far and reaffirmed the Centre's support for Andhra Pradesh's urban development initiatives.Read more

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Airbound, Andhra Pradesh Drone Corporation partner to build drone delivery network in Amaravati region

26 Jun 2026

Deep-tech startup Airbound has signed a memorandum of understanding with Andhra Pradesh Drone Corporation to develop a drone delivery network across the Amaravati Capital Region. The initiative will connect Amaravati, Vijayawada and Guntur through drone-based logistics services covering healthcare, e-commerce and commercial deliveries. The project will begin with pilot operations and route mapping before expanding into interconnected drone corridors. The partners aim to enable 10,000 daily drone flights across Andhra Pradesh over the coming year, supporting faster deliveries, improved connectivity, investment opportunities and growth in the state's emerging drone ecosystem.Read more

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APCRDA holds climate change training to support sustainable development in Amaravati

25 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a training programme on climate change and sustainable urban development for officials, consultants and project stakeholders involved in the development of Amaravati. Organised by the Environmental and Social Management Unit (ESMU) in collaboration with the Project Grievance Management Cell (PgMC) Capacity Building Team, the session focused on climate-resilient infrastructure, environmental sustainability and long-term development planning. Experts highlighted global climate challenges, Andhra Pradesh's sustainability initiatives and the state's commitment to achieving Net Zero emissions by 2070 while promoting environmentally responsible growth in Amaravati.Read more

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Amaravati begins development of 18-acre central nursery for avenue plantation

23 Jun 2026

The Amaravati Development Corporation (ADC) has commenced the development of a Central Nursery spread across 18 acres in Amaravati to support large-scale roadside plantation across the capital city. Located at the junction of the N-10 Seed Access Road (E-03) between Lingayapalem and Uddhandarayunipale villages, the nursery will serve as the primary stock point for saplings required for avenue plantation along nearly 700 km of roads. The project aims to improve greenery, provide shade, and enhance the urban environment as infrastructure development progresses across the capital region.Read more

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Farmers pool over 100 acres of land for Amaravati capital development

23 Jun 2026

More than 100 acres of land were voluntarily offered by farmers from four villages for the development of Amaravati under the land pooling scheme. Farmers from Thullur, Rayapudi, Lingayapalem and Velagapudi submitted consent documents to the Andhra Pradesh Capital Region Development Authority (APCRDA), expressing support for the capital city's development. The landowners said they were pleased to contribute to the project and encouraged other farmers in capital region villages to participate in the pooling process. The latest contribution adds to the ongoing land aggregation efforts aimed at advancing infrastructure and urban development in Amaravati.Read more

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APCRDA engages with farmers in Nowlur Gram Sabha amid Amaravati land pooling efforts

20 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) held a Gram Sabha in Nowlur village as part of the ongoing land acquisition process for Amaravati's development. Senior APCRDA officials interacted with farmers and residents, explaining the progress of land pooling, infrastructure development and acquisition procedures. Authorities informed landowners that those included in the acquisition notification still have an opportunity to voluntarily join the Land Pooling Scheme within the prescribed period. APCRDA also assured villagers that concerns related to land, development and civic infrastructure would be examined in line with government policies and planning objectives.Read more

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Amaravati reviews flood control works at Kondaveeti Vagu and Palavagu amid rains

14 Jun 2026

The Amaravati Development Corporation (ADC) has intensified its focus on flood control measures in the capital region following recent rainfall. ADC Chairperson and Managing Director D. Lakshmiparthasarathy reviewed the ongoing development and drainage works at Kondaveeti Vagu and Palavagu and directed officials to ensure that all projects progress without disruption. The review covered critical locations, including water drainage channels, stream crossings, and bypass bridge points. Officials were instructed to remove obstructions, closely monitor water flow, and carry out regular inspections to strengthen flood management and prevent waterlogging in vulnerable areas of Amaravati.Read more

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Centre approves INR 2,533 crore office and housing projects for Amaravati

14 Jun 2026

The Union Cabinet has approved office and residential infrastructure projects worth INR 2,533 crore for Central government employees in Amaravati, Andhra Pradesh. The approved package includes integrated office complexes and housing facilities for various Central government departments planned in the capital city. The decision aims to provide permanent administrative infrastructure and residential accommodation for government staff while supporting the ongoing development of Amaravati as Andhra Pradesh’s planned capital and strengthening the city’s institutional and urban framework.Read more

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Amaravati to get Global Indian International School campus on 4-acre site

14 Jun 2026

Amaravati is set to strengthen its education ecosystem with the addition of a new campus by Global Indian International School (GIIS). The school operator, GIIS K12 Education Private Limited, has signed an agreement with the Andhra Pradesh Capital Region Development Authority (AP CRDA) to establish the institution in the capital city. A 4-acre land parcel has been allotted in Sakhamuru village of Tullur mandal for the project. The proposed campus is expected to offer modern educational facilities, improve access to quality schooling in the region and contribute to local employment generation.Read more

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APCRDA holds Gram Sabha in Velagapudi, urges farmers to join land pooling scheme

14 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a Gram Sabha in Velagapudi village as part of ongoing land acquisition activities for the development of Amaravati, the state's capital city. Senior APCRDA officials informed villagers that farmers whose lands were included in the recent acquisition notification still have an opportunity to join the Land Pooling Scheme within the prescribed timeline. The authority also addressed concerns related to village infrastructure, including drinking water and street lighting, while highlighting the progress of development works in returnable plot layouts and other capital region projects.Read more

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APCRDA holds Gram Sabha in Nidamarru to discuss land acquisition and development plans

13 Jun 2026

APCRDA recently conducted a Gram Sabha in Nidamarru village as part of the land acquisition process for the development of Amaravati. Senior officials interacted with villagers and explained the ongoing land pooling and acquisition procedures. Farmers were informed that those covered under the recent land acquisition notification could still opt for the Land Pooling Scheme within the prescribed timeline. Residents also raised concerns regarding Section 22-A lands, illegal soil transportation, and traffic movement linked to construction activities. APCRDA assured villagers that their grievances would be examined while reiterating its commitment to infrastructure development across the Capital Region.Read more

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APCRDA holds Gram Sabha in Undavalli for Amaravati land acquisition process

13 Jun 2026

APCRDA held a Gram Sabha in Undavalli village to discuss land acquisition and land pooling for the Amaravati Capital City project. Commissioner V. Vijayarama Raju informed residents that farmers whose lands are part of the recent acquisition notification can still opt for the Land Pooling Scheme within the prescribed timeframe. He also addressed concerns related to assigned and Lanka lands and assured that they would be handled as per government guidelines. APCRDA said infrastructure development across Amaravati villages is progressing and appealed to farmers to continue supporting the capital development project.Read more

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ADC directs faster drainage works and accelerates Palavagu modernisation in Amaravati

13 Jun 2026

The Amaravati Development Corporation (ADC) has directed officials to speed up floodwater drainage and complete the ongoing Palavagu modernisation works connecting Rayapudi and Krishnayapalem. During a field inspection across multiple locations in the capital region, ADC Chairperson and Managing Director D. Lakshmi Parthasarathy reviewed water flow conditions, desilting activities and drainage infrastructure. Officials and contractors were instructed to remove bottlenecks, install additional pipes where required and expedite pending works. ADC also warned agencies responsible for delays that legal action could be initiated if inadequate drainage disrupts water flow during heavy rainfall.Read more

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APCRDA holds Gram Sabha in Undavalli to discuss land pooling and acquisition for Amaravati projects

11 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a Gram Sabha in Undavalli village to discuss land acquisition and land pooling activities linked to the development of Amaravati. Senior APCRDA officials informed villagers that landowners named in the recent acquisition notification still have an opportunity to join the Land Pooling Scheme within the stipulated timeframe. The authority also assured residents that concerns related to assigned lands, Lankan lands and local infrastructure needs would be addressed as per government guidelines. APCRDA sought continued cooperation from farmers as development works across the capital region gather pace.Read more

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APCRDA removes encroachments in Amaravati villages as part of city development plan

10 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) carried out a special drive to remove unauthorized encroachments in parts of Amaravati as part of the capital city's planned development and zoning regulations. The exercise was conducted in Krishnayapalem and Venkatapalem villages, where officials cleared structures obstructing roads, footpaths and public land. Authorities stated that the initiative was aimed at improving public safety, easing traffic movement and ensuring compliance with urban planning norms. APCRDA also cautioned against future encroachments on government land and public spaces, warning that violations would attract strict action under existing regulations.Read more

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