Tag: Vijayawada

IndustryLatest Stories

Andhra Pradesh to Regularize ‘Sada Bainama’ Land Deals

Representative AI image VIJAYAWADA: The long-awaited resolution for land rights may soon materialize for millions of farmers in the state. The government has decided to regularize the decades-old ‘Sada Bainama’ agreements and issue land titles to these farmers. Previously, informal handwritten sale agreements known as Sada Bainama were commonly used in rural areas, based on mutual trust. However, land ‘owners’ could not secure title deeds or pattadar passbooks, as revenue and registration departments did not acknowledge their claims in the absence of formal documentation. Revenue Minister Anangani Satya Prasad stated, “The Sada Bainama transactions, which lacked registration, have significantly impacted…

Latest StoriesResidential

Andhra CM Aims for 17 Lakh Houses in Three Years

File Photo VIJAYAWADA: On Friday, Chief Minister N. Chandrababu Naidu announced an ambitious goal of completing 1.7 million houses within three years under the Housing for All initiative and urged officials to expedite the construction process. He proposed that mass housewarming ceremonies be organized every three months, commencing from Ugadi, with an objective of conducting 500,000 housewarmings quarterly. While reviewing the progress with TIDCO and Housing Department officials, Naidu reaffirmed the coalition government’s vow to fulfill its election promise of providing a house to every eligible family by 2029. “Since assuming power, we have initiated the construction of 2 million…

IndustryLatest Stories

Andhra Pradesh Extends Layout Regularization Deadline by 3 Months

Here’s a rewritten version of the content provided: Representative AI image VIJAYAWADA: In light of inadequate public response, the state government has opted to extend the deadline for the Layout Regularisation Scheme (LRS) by an additional three months. Initially announced in July, the scheme was set to conclude on October 31. With the new deadline, applications for the regularisation of plans can now be submitted until January 23, 2026. Sources indicate that the extension was prompted by a lack of interest from layout developers and plot owners. “The state government has decided to prolong the submission period for applications under…

InfrastructureLatest Stories

Andhra Pradesh Launches Unified Urban Zoning Policy

VIJAYAWADA: In a significant move towards organized urban development, the state government has launched a unified zoning policy for all municipal corporations, municipalities, and urban development authorities. This initiative aims to resolve confusion stemming from inconsistent zoning regulations and to encourage sustainable growth in both urban and semi-urban regions through standardized land use guidelines. Previously, the state operated under 16 distinct land use categories, which often resulted in overlapping regulations and administrative hurdles. The decision to implement uniform zoning was made following comprehensive research conducted by a team of officials who explored best practices in states such as Odisha, Tamil…

IndustryLatest Stories

Builders Seek RERA Clarity as Andhra Pradesh Real Estate Revives

VIJAYAWADA: The real estate sector in Andhra Pradesh is experiencing a resurgence, with developers eager for the Real Estate Regulatory Authority (Rera) to enhance transparency and protect the interests of homebuyers and builders alike. Recent months have seen a surge in construction activity, especially in urban areas, fueled by improved infrastructure and rising investor confidence. According to guidelines, all housing projects must register with Rera prior to construction commencement. Authorities have indicated that non-compliance will lead to significant penalties, a move designed to protect buyers from misleading promotions while ensuring that developers adhere to approved plans and timelines. Several ongoing…

IndustryLatest Stories

PM Svamitva Yojana: Legal Ownership & Empowerment in Rural AP

VIJAYAWADA: For generations, millions of families in rural Andhra Pradesh have lived on ancestral lands without legal documentation to prove their ownership. Although these lands were inherited and enjoyed for decades, the absence of title deeds prevented villagers from selling their properties or using them to secure loans. To address this issue, the PM Svamitva Yojana was launched by the Union government and is being actively implemented by the Andhra Pradesh government. The scheme is revolutionizing rural India. Utilizing advanced technologies such as drones and rovers, survey teams systematically map every area of the villages, including Gram Kantham Abadi and…

InfrastructureLatest Stories

Joint Venture Approved for Visakhapatnam, Vijayawada Metro

Representative Image VIJAYAWADA: To encourage joint venture (JV) participation in the International Competitive Bidding (ICB) for Phase 1 of the Visakhapatnam and Vijayawada metro rail projects, the AP Metro Rail Corporation (APMRCL) has officially stated that a maximum of three bidders can form a JV to take part in the bidding process. This initiative aims to enhance competition among bidders for both metro rail projects. However, the APMRCL has declined the bidders’ suggestion to divide the metro project works into multiple packages, which was proposed during the pre-bid meeting. In an interview with TOI, APMRCL MD NP Rama Krishna Reddy…

CommercialLatest Stories

Andhra Pradesh Forms Council to Attract GCCs

VIJAYAWADA: The Andhra Pradesh government has taken significant steps to establish the state as a prominent hub for Global Capability Centres (GCCs) by forming a comprehensive GCC advisory council. This initiative gathers CXOs from global companies, influential industry bodies like NASSCOM, business councils, consulting experts, real estate developers, and renowned academic institutions. The aim is to invigorate GCC investments and elevate AP’s status as a leader in the digital economy. IT, electronics, and HRD minister Nara Lokesh will lead the advisory council. GCCs serve as strategic units for multinational corporations, handling functions such as R&D, IT, finance, procurement, and customer…

IndustryLatest Stories

Andhra Pradesh Real Estate Sector Shows Recovery Signs

VIJAYAWADA: After a five-year stagnation, the real estate sector in Andhra Pradesh appears to be experiencing new growth. There has been an uptick in land transactions throughout the state, reflecting a renewed interest from buyers in real estate investments. The increase in revenue from stamp duties and registrations further indicates a recovery in the market. The stamps and registrations department reported a 46% revenue growth in the first quarter of the current financial year compared to the same period in 2024. The year-to-date growth stands at 39%, signaling a positive shift for the sector. Following the launch of projects worth…

Latest StoriesRegulatory

Vijayawada’s vacant land tax committee targets ₹870 crore recovery

VIJAYAWADA: To improve tax collection revenue, the NTR district administration has established a Vacant Land Tax Committee (VLTC) tasked with recovering pending vacant land tax dues from taxpayers within the Vijayawada Municipal Corporation (VMC) limits. The VLTC consists of personnel from both the VMC’s revenue department and the NTR district administration, alongside town planning representatives and staff from the stamps and registration department. Despite a Rs 237 crore demand for vacant land tax, only Rs 19 crore—8.18% of the total—was collected in the previous financial year (2024-25). There are approximately 15,000 vacant land tax assessments within the 64 divisions across…