Tag: visakhapatnam

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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…

Rera

Andhra Pradesh RERA warns public against buying unregistered flats and plots

VIJAYAWADA: Andhra Pradesh real estate regulatory authority (APRERA) in-charge chairman and municipal administration principal secretary S Suresh Kumar has cautioned public against purchasing flats in the apartments or plots in layouts which were not registered with the AP RERA. He said that such purchases would land prospective buyers in trouble. “It has come to our notice that some developers/promoters/builders are collecting advance payments from buyers under the guise of ‘pre-launch’ activities for proposed real estate projects prior to obtaining registration with APRERA. It has also been observed that some real estate agents are involved in marketing such pre-launch projects. As…

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…

Industry

Visakhapatnam residents protest against proposed property tax hike

VISAKHAPATNAM: The Visakhapatnam Apartment Residents’ Welfare Association (Varwa) and the Greater Visakha Resident Colony Associations’ Federation (Nivas) protested on Monday against the proposed property tax increase in urban areas. The demonstration took place at the Mahatma Gandhi statue near the GVMC office, where they claimed that the govt had launched a resurvey for this purpose. Speaking during the protest, VARWA president N Prakash Rao, secretary BB Ganesh, and NIVAS general secretary Pitta Narayana Murty demanded that the property tax survey be halted. They insisted that the assurance given by the chief minister regarding a review of the property tax must…

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…