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

Farming family offers 5 acres for Amaravati capital land pooling

4 hours ago

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

6 hours ago

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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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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