In a significant step towards the development of Amaravati, the Capital Region Development Authority (CRDA) granted permission to mobilise the remaining funds required for ongoing infrastructure works in the capital region. The decision was taken during a high-level CRDA meeting held at the residence of Chief Minister N. Chandrababu Naidu.
The CRDA authorised the commissioner to raise funds from various financial institutions as needed, to ensure the timely completion of critical development projects. The approval paves the way for steady progress on several pending construction works in the capital city, which had seen delays in the past due to funding issues.
Among the key decisions made during the meeting was the approval to float tenders for the construction of the Andhra Pradesh Legislative Assembly and High Court buildings—two of the most prominent and long-awaited structures in the capital’s master plan.
The upcoming Assembly complex will be a grand G+3 structure with additional viewing platforms and a panoramic view section. The building will also include a basement, taking its total built-up area to a massive 11.2 lakh square feet. Once completed, the structure will rise to a height of 250 metres, making it a striking architectural landmark in the region.
Similarly, the High Court building has been planned as a G+7 structure with a basement, covering a built-up area of 20.32 lakh square feet and standing at 55 metres in height. Both projects have received approval to issue Letters of Acceptance (LOAs) to companies that have secured the L1 (lowest bidder) status through the tendering process.
The approvals are expected to accelerate Amaravati’s development, reinforcing its vision as a world-class capital city. With financial mobilisation and tendering processes now greenlit, work on these flagship structures is anticipated to begin in the near future