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

28 returnable plots allocated to farmers in Amaravati

12 Apr 2026

Under the Negotiated Partnership Scheme, 28 returnable residential plots were distributed to farmers displaced by road expansion in Amaravati's R-1 zone. The e-lottery, conducted at APCRDA headquarters, allocated plots to 29 farmers from Borupalem, Kuragallu, and Undavalli. Ten of these plots were assigned to residents of Kuragallu village who had homes on Cheruvu Poramboku land since December 2014, providing them both replacement land and compensation. Officials, including the Special Grade Deputy Collector, guided beneficiaries on registration and plot location assistance, ensuring proper implementation of the scheme.Read more

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World Bank and Asian Development Bank team completes successful visit to Amaravati

12 Apr 2026

A World Bank and Asian Development Bank team recently concluded a three-day visit to Amaravati to review the ongoing construction and development projects in the capital. Officials from APCRDA, led by Additional Commissioner A. Bhargava Teja IAS, presented progress updates and discussed issues such as investment promotion, disaster prevention, inclusive housing, water and wastewater management, road development, and social welfare program implementation. The visit involved detailed discussions with PMC staff and contract representatives, with the WB and ADB team providing recommendations to strengthen planning, governance, and infrastructure management in the capital.Read more

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ADC focuses on eco-tourism and sustainable infrastructure in Amaravati

11 Apr 2026

ADC is developing Amaravati with a strong focus on eco-tourism and sustainable infrastructure. The Gravity Canal is being transformed into a tourist attraction, while reservoirs in Neerukonda and Penumaka are under construction to support water management and recreational activities. ADC's Translocation Nursery preserves large trees and medicinal plants displaced by construction and will serve as a community space. World Bank representatives visited these projects, acknowledging the efforts as innovative and impactful for the city's development and environmental sustainability.Read more

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Construction begins for Crowne Plaza 5-star hotel in Amaravati

05 Apr 2026

Construction has begun on the Crowne Plaza 5-Star Hotel in Amaravati, marking a key step in expanding the city's hospitality infrastructure. Developed by Indrayal Hotels Private Limited and consortium, the hotel will be built on four acres in Shakamuru, featuring 200 rooms and an investment of around INR 300 crore. The project is expected to provide jobs for 500 people. The move reflects APCRDA's ongoing strategy of allocating land and ensuring timely project execution, contributing to the balanced and inclusive development of Amaravati as a modern, well-planned capital city.Read more

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Cosmos-2 planetarium project in Amaravati moves ahead with land lease agreement

05 Apr 2026

The development of a modern astronomy and science education centre in Amaravati has moved forward with the signing of a land lease agreement between the Andhra Pradesh Capital Region Development Authority and the Indian Institute of Astrophysics. The project, named COSMOS-2, will be developed on 5 acres in Anantavaram and will include a planetarium, research labs, and public science exhibits. The initiative builds on a previously signed MoU and aims to strengthen scientific learning, research opportunities, and educational infrastructure in the state, positioning Amaravati as an emerging hub for space and astrophysics studies.Read more

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Amaravati government complex works reviewed, focus on quality and timelines

04 Apr 2026

The Amaravati Growth & Infrastructure Corporation Limited (AGICL) reviewed the progress of key projects at the Amaravati Government Complex, including the High Court building and housing towers for non-gazetted officers. Managing Director SVR Srinivas assessed construction status and held discussions with contractors and engineering teams, stressing adherence to quality and timelines. The NGO housing project includes 21 towers with nearly 2,000 residential units, while the High Court is being built across a large area with multiple floors. The review highlights the state's continued push to develop core administrative infrastructure in Amaravati.Read more

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Amaravati government complex works reviewed as construction progresses across key projects

04 Apr 2026

Construction activity across the Amaravati Government Complex is moving ahead, with senior officials closely monitoring progress and quality. The Managing Director of Amaravati Growth and Infrastructure Corporation Limited reviewed ongoing work at HOD Tower-4, residential bungalows for ministers and secretaries, and the Quantum Computing Center. The review focused on construction timelines, adherence to quality standards, and material usage. Officials and contractors were directed to meet set targets without compromising on execution standards. The developments are part of the broader effort to strengthen administrative and technology infrastructure in the capital region.Read more

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APCRDA signs land deal for Courtyard by Marriott hotel in Amaravati

30 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has entered into a land sale agreement with Southern Globe Hotels and Resorts Ltd. for setting up a four-star Courtyard by Marriott hotel in Amaravati. The project involves an investment of around INR 140 crore and will include about 150 rooms. Located in Lingayapalem village, the development is expected to create nearly 200 jobs and improve hospitality infrastructure in the capital region. The company has been given defined timelines for approvals, construction, and project completion, aligning with the broader plan to strengthen Amaravati's urban and economic ecosystem.Read more

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Amaravati infrastructure works reviewed on site to track progress and coordination

29 Mar 2026

An on-site review of ongoing development works in Amaravati was carried out by S.V.R. Srinivas, Managing Director of AGICL. The inspection covered major projects including the MLA/MLC housing, minister bungalows, and judges and secretaries residences. A review meeting was also held with project representatives from KMV and BSR to assess construction progress and resolve issues. The review extended to AGC roads and underground utility works, which are key to the city's integrated infrastructure, with emphasis placed on timelines, quality standards, and coordinated execution across agencies.Read more

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Corner node installation begins for diagrid structure at Amaravati Secretariat towers

29 Mar 2026

Construction at the Amaravati Government Complex has moved into a key phase with the start of corner node installation for the Secretariat and HOD Towers. The work, part of the advanced diagrid structural system for Towers 3 and 4, is being executed by Larsen & Toubro. Officials from the state government and project authorities marked the beginning with traditional rituals. This stage is important for structural strength and design efficiency. The development reflects ongoing efforts to build modern administrative infrastructure and strengthen Amaravati's position as a planned capital city.Read more

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APCRDA leases land for APSIRD campus in Amaravati to boost rural governance training

28 Mar 2026

The Andhra Pradesh Capital Region Development Authority has formalised a long-term lease agreement with the Andhra Pradesh State Institute of Rural Development & Panchayat Raj for setting up a dedicated training campus in Amaravati. Spread across over five acres in Kuragallu and Nowluru villages, the project aims to strengthen institutional capacity, improve governance training, and support rural development initiatives. With a 60-year lease tenure and defined construction timelines, the campus is expected to enhance administrative skills and align with the state's broader development focus on capacity building and public service efficiency.Read more

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Returnable plots allotted to farmers for Seed Axis Road land contribution in Amaravati

22 Mar 2026

Returnable plots were allotted to farmers who contributed land for the Seed Axis Road in Amaravati. In an e-lottery held earlier this week at the APCRDA office in Rayapudi, 17 plots were allocated to 10 farmers from Undavalli village. The allotment included both residential and commercial plots. The process was conducted transparently through an online randomisation system in the presence of farmers, followed by a trial run and live draw. Provisional certificates were issued, and officials advised beneficiaries to complete registration and seek assistance for plot identification.Read more

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APCRDA signs lease agreement with NTPC Limited for facility in Amaravati

22 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has executed a lease agreement with NTPC Limited for setting up a facility in Amaravati. The agreement was signed by Jubin Cheeran Roy, Joint Director (Estates), APCRDA, and Kundaram Pawan Kumar, authorised signatory for NTPC Limited. The move is expected to support institutional and infrastructure growth in the capital region. Amaravati is being planned as a hub for key government institutions and organisations. The entry of a central public sector enterprise such as NTPC is likely to add credibility to the city's development plans and strengthen long-term infrastructure and energy-related initiatives in the region.Read more

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APCRDA conducts e-lottery to allot returnable plots to Amaravati capital city farmers

21 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) recently conducted an e-lottery at its Amaravati project office to allot returnable plots to farmers who contributed land under the Land Pooling Scheme (LPS) for the development of the capital city. A total of 167 eligible farmers received 328 plots, including residential and commercial parcels. The allotments included newly identified plots, pending returnable plots and alternate plots given due to planning constraints. The process was carried out through an online randomised system in the presence of beneficiaries. Officials also advised farmers to complete registration and assured assistance for locating plot boundaries.Read more

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XLRI signs agreement with APCRDA to set up 61.7-acre campus in Amaravati

21 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed an agreement for sale with XLRI Xavier School of Management to establish a new campus in Amaravati. The institute plans to develop the campus on a 61.7-acre land parcel with an estimated investment of around INR 300 crore. In its first phase, the campus will accommodate about 1,000 students and offer executive education programmes for around 200 professionals. The project is expected to strengthen Amaravati's education ecosystem and support the state government's plan to position the capital region as a hub for reputed national and international educational institutions.Read more

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APCRDA signs agreement with Kandhari Hotels for three-star hotel in Amaravati

18 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has entered into an Agreement for Sale of Land with Kandhari Hotels Private Limited for the development of a three-star hotel in Amaravati. The company plans to invest around INR 80 crore to establish the hotel, which will enhance the city's hospitality facilities and serve visitors, business travellers, and institutions. APCRDA allocated 1 acre of land in Thulluru village for this project. Officials noted that such investments will support Amaravati's growth as an administrative and economic center while boosting tourism, employment, and the service sector.Read more

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Foundation stone laid for new fire station in Amaravati government complex

17 Mar 2026

The State Government is enhancing emergency services in Amaravati by constructing fire stations at key locations. A new station will be established on a 50-cent site at Nelapadu within the Amaravati Government Complex, home to major administrative offices. Director General of Fire Services P. V. Ramana laid the foundation stone, with construction managed by the AP Police Housing Corporation at a cost of INR 1.28 crore. The project is set for completion by November 2026, reflecting the government's commitment to strengthening fire safety infrastructure.Read more

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APCRDA holds quarterly grievance redressal meeting, stresses worker welfare and safety in Amaravati projects

17 Mar 2026

A quarterly meeting of the Grievance Redressal Committee (GRC) was recently conducted at the headquarters of Andhra Pradesh Capital Region Development Authority in Rayapudi to review complaints and operational issues related to ongoing development works in the capital region. The meeting was chaired by Deputy Collector and Grievance Redressal Mechanism nodal officer P. Jayashree and attended by grievance officers and member secretaries from various committees. Discussions focused on labour welfare, wage-related complaints, safety awareness for residents and students, and compliance with traffic and operational guidelines at project sites across Amaravati.Read more

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SVR Srinivas reviews progress of Amaravati government complex projects

15 Mar 2026

Managing Director of Amaravati Growth & Infrastructure Corporation Limited, SVR Srinivas, recently inspected major construction works underway in the capital city of Amaravati. The visit covered key sites within the Amaravati Government Complex including the Legislative Assembly building, Lok Bhavan and the Happy Nest residential project. During the visit, the Managing Director assessed construction progress and held review discussions with contractors and engineering teams involved in the developments. Officials briefed him on the status of the works. He instructed teams to maintain quality standards and complete the projects within the planned timelines set for the capital's infrastructure development.Read more

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New K-12 international school project moves ahead in Amaravati after agreement with APCRDA

14 Mar 2026

Development of educational infrastructure in Amaravati has moved forward with the completion of a lease agreement between Andhra Pradesh Capital Region Development Authority (APCRDA) and Touch Stone Educational Foundation for setting up Basil Woods International School. The school will be built on around four acres with an investment of about INR 40 crore and will cater to students from kindergarten to Class 12. Planned with international standards, the campus will include modern classrooms, laboratories, sports infrastructure and other facilities. The institution is expected to accommodate nearly 2,000 students and contribute to employment generation while strengthening Amaravati's position as an emerging education hub.Read more

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