Finally, Chandrababu Naidu’s World Class City Amaravati To Become A Reality!

It was Chandrababu Naidu’s dream to create a world class city — Amaravati — as the capital of Andhra Pradesh. But, he lost the 2019 assembly elections badly and the new government headed by Y Jagan Mohan Reddy put his plan on the backburner. A kind of political vendetta. With Naidu’s TDP sweeping power in Andhra Pradesh 2024 Assembly elections Naidu is going all out with his dream capital plan. The new city, to be built from the ground up, will start from December 1. The Modi government has already sanctioned Rs 15,000 crore for the project, besides Naidu is talking to multilateral agencies like World Bank seeking soft loan for this mammoth project. Sources say Naidu definitely wants a city which is resilient, creates value, drives new markets and responds to future demand. For now the 29,966 farmers who had pooled in 34,400 acres of land for this ambitious project eight years ago are in a celebratory mood.  The land prices have zoomed from Rs12,000 to Rs35,000 per square yard. Naidu has roped in renowned London-based architectural firm Foster + Partners to design the government complex to house the legislative assembly, high court and secretarial buildings. Sources say Amaravati would require a budget of at least Rs 40,000 crore.