AMARAVATI: Andhra Pradesh Chief Minister N Chandrababu Naidu emphasized on Tuesday that all institutions assigned land in the greenfield capital city of Amaravati must adhere to the specified timelines for their construction projects, insisting that no extensions beyond the deadline will be tolerated.
During a review of land allocations to various public and private entities within the Capital Region Development Authority limits, the chief minister made it clear that construction must commence without delay.
“Those who have received land must initiate construction as promised. Projects should be completed within two-and-a-half to three years. There will be no grace period beyond this deadline,” Naidu stated.
A total of 72 institutions, including educational facilities, hotels, Central government offices, RBI, banks, and more, have been allocated 948 acres in Amaravati. This includes schools, universities, healthcare providers, government offices, HUDCO, religious organizations, and IT park operators.
Naidu assessed the construction progress among the land allottees, seeking comprehensive updates on their execution strategies and project statuses. In the review meeting, 61 institutions participated, some joining virtually.
The chief minister engaged in detailed discussions with representatives from each institution regarding their project timelines.
Naidu highlighted that the institutions receiving land are not just tenants but partners in this transformative development journey, mentioning the arrival of globally recognized companies and institutions in Amaravati.
According to the chief minister, entities establishing themselves in the greenfield capital will enjoy various strategic advantages within this ecosystem. He assured them of complete support, stating that a single-window system will facilitate rapid approvals.
“If there are any delays from officials, please feel free to contact me directly,” he urged.
Naidu noted that Amaravati is set to become a major financial hub with fintech and economic service companies at its core, inviting suggestions to enhance its status as a financial nerve center.
Meanwhile, several organizations requested additional land allotments, with some hospitality groups seeking up to 2.5 acres for convention centers. Others asked for extra space for parking, and representatives from the postal department requested land for a training center for Andhra Pradesh and Telangana staff.
Organizations also provided employment projections, detailing hiring plans post-construction. Specific timelines for project initiation were shared, along with campus designs—including a presentation from BITS Pilani.
Three institutions plan to start work in July, 15 within two months, 13 in five months, and 17 within six months. Ten institutions have already begun construction, and three have completed their buildings.
With a land bank of 54,000 acres dedicated to the greenfield capital city, the TDP-led NDA government is in the process of acquiring an additional 40,000 acres to develop a megapolis combining Mangalagiri, Vijayawada, Guntur, and Tadepalli with Amaravati.