Commercial

Cognizant to invest $183 million for to build new campus in Vishakapatanam

BENGALURU: Software services firm Cognizant Technology Solutions will invest 15.82 billion rupees ($182.76 million) to build a new campus in south Indian city of Vishakapatanam that will create about 8,000 jobs, the state government announced on Friday. Commercial operations will begin in March 2029, an Andhra Pradesh government press release said. Cognizant did not immediately respond to a request for comment. The announcement comes just months after India’s top IT firm, Tata Consultancy Services, unveiled plans for 13.70 billion rupee campus in the same city, and is expected generate 12,000 jobs. The move aligns with Cognizant’s strategy to optimise real…

Industry

Telangana raises alarm over Centre’s draft registration bill

HYDERABAD: Raising red flags over key provisions in the Centre’s draft registration (amendment) bill 2025, the Telangana govt is preparing to formally object to clauses it believes could severely affect state revenues and complicate property registration processes. Among the most contentious issues are proposed caps on registration charges and the move toward full online registration, which the state says may open the door to fraud and impersonation. The department of land resources under the Union govt released the draft bill last month, seeking feedback from states and the public by June 26. The legislation is expected to be introduced in…

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Andhra Pradesh government cancels TDR worth ₹208 crore in Visakhapatnam

VISAKHAPATNAM: Andhra Pradesh govt has cancelled the controversial transferable development rights (TDR) valued at 208 crore in Revallapalem, Visakhapatnam. The TDR was allegedly issued illegally for land acquired for the construction of an 80-feet road from Madhurawada to Revallapalem via Navodaya school. Jana Sena corporator P Murthy Yadav said that he had lodged a complaint regarding the issue with the state municipal administration and urban development minister, P Narayana, during the minister’s recent visit to Vizag. “I thank the minister for the prompt response and for cancelling the TDR,” said Murthy Yadav. According to a govt memo issued on June…

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Andhra Pradesh moves to repeal NALA Act, plans seamless land conversion

VIJAYAWADA: State govt directed the officials to ready the guidelines for repealing the Andhra Pradesh Agricultural Land (Conversion for Non-Agricultural Purposes) Act, 2006. The Nala Act governs the conversion of agricultural land to non-agricultural use. The cabinet sub-committee comprising finance minister P Keshav, municipal administration minister Dr P Narayana, revenue minister Anagani Satyaprasad held detailed discussions with the officials on the issue on Wednesday. Chief minister Chandrababu Naidu had announced repealing of the NALA Act during the third district collectors’ conference in March. The decision to repeal the Act has been taken the grievances of real-estate developers and commoners into…

Industry

Urban residents across Andhra Pradesh fret over proposed increase in property tax

VIJAYAWADA: Proposed hike in property taxes has stirred discontent among urban residents across Andhra Pradesh. Many have many expressed deep concern over the financial strain it may impose on households. Civic and taxpayers associations were hearing to take up protest against the proposed hike. Associations alleged that the cumulative burden, expected to touch 784 crore statewide, has become a point of contention among citizens and civic groups alike. Municipal officials have initiated a house-to-house survey, covering over 40 lakh residential and commercial structures in 123 towns and cities as per the orders issued by the municipal department. This is part…

Residential

Over 6,900 PMAY houses remain unfinished in Vizianagaram district

VISAKHAPATNAM: Of the nearly 11,000 houses sanctioned under the Pradhan Mantri Awas Yojana (PMAY) several years ago, only 41% have been completed in Vizianagaram district, with 6,924 houses yet to be finished. Despite the govt sanctioning additional funds for housing construction, several beneficiaries have not come forward to build their homes. Officials suspect that some beneficiaries are not participating because they already own a house. Vizianagaram district collector Dr BR Ambedkar said that the list of such individuals should be verified by visiting each household, and a report with supporting evidence should be submitted within two days. The houses sanctioned…

Infrastructure

Vizag metro works to start in October: Andhra Pradesh urban development minister

Representative Image VISAKHAPATNAM: The state govt is taking measures to launch the Vizag metro works in October, said municipal administration and urban development minister P Narayana. The minister conducted a review meeting with ministers, MLAs, and officials of north coastal Andhra Pradesh districts here at the VMRDA office on Wednesday. Speaking to the media after the meeting, Narayana said that a detailed project report (DPR) for Vizag metro project has been submitted for a double-decker model. “Just as Hyderabad has a ring road to support its population of over one crore, similar plans are being prepared to construct a semi-ring…