In a major push to improving worldwide air connectivity in Andhra Pradesh, the Dubai-based airline Emirates has agreed in principle to make Amaravati its airline hub. According to a statement from CMO, the NCC, L&T and Shapoorji Pallonji have been finalized as the contractors, for the completion of the housing project within the next six months. The non-gazetted officers will have 22 towers with each flat comprising built-up area of 1,200 sq feet.
Naidu revised administration sanction for the housing to Rs 2,652 crore, from the previous proposed cost of Rs 1,991 crore. Class IV officers will have six towers with flats of 900 sq feet. The establishment will happen at the new state capital, Amaravati.
More than 120 farmers, who gave their land in the Amaravati capital region under the land pooling scheme in return for residential and commercial plots ranging from 250 sq yards to 1000 sq yards by the AP Capital Region Development Authority (APCRDA), are being sent to Singapore by the state government to learn about best business practices.
Jaiprakash Associates moves SC seeking permission to sell Yamuna Expressway toll
Jaypee Infratech was asked by the banks to declare themselves bankrupt on account of unpaid loans which are worth Rs 500 crores. The company told the court that it has made a decision to hive off Yamuna Expressway to another company for Rs 2,500 crore.
Around 32 acres of land will be allotted by the CRDA to 8 top schools to set up their campuses in Amaravati. "Their transition into the entrepreneurship sector must be smooth, so we must ensure that skill building is a continuous process", Naidu said at an APCRDA meeting at Vijayawada. Eight out of 11 top schools in the country have responded positively.
He also approved the set-up of a golf course across 70 acres, for national level events.
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