MR Gardens
Eluru, Vijayawada
- Price
- Price on Request
- Possession
- N/A
- Status
- Ready to Move
- RERA No.
-
A15051800006
Price on Request
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The Andhra Pradesh government has formally taken possession of 2.72 acres in Undavalli village for the construction of the Amaravati Seed Axis Road. This acquisition is crucial for the development of trunk infrastructure in the capital region. The move aims to prevent delays in key projects due to land acquisition issues, ensuring the capital's master plan is not stalled.
The foundation stone has been laid for a 920-meter-long Gunadala Road Over Bridge (ROB) at Level Crossing (LC) 316. This project, part of the Gunadala-Vijayawada and Rayanapadu-Vijayawada ROB Project, is expected to be completed in 18 months with an estimated cost of Rs 986.8 million.
Union Minister highlighted that the construction of the Vijayawada airport terminal is on track for completion before the Dasara festival. This development is part of broader national infrastructure growth aimed at reshaping India's connectivity landscape, which will improve air travel accessibility and boost regional economic activity.
The state government is actively encouraging Public-Private Partnership (PPP) models for infrastructure projects. Across Andhra Pradesh, infrastructure projects worth approximately Rs 20,000 crore are underway.Vijayawada is set to benefit from projects under the Urban Challenge Fund, with plans to secure approvals for additional projects valued at around Rs 12,000 crore.
The Capital Region Development Authority (CRDA) has approved a ₹7,380 crore loan from NABARD to accelerate core infrastructure development in Amaravati. This funding will support key institutional buildings, including the construction of Lok Bhavan (Governor's residence) for ₹169 crore and the Andhra Pradesh Judicial Academy for ₹165 crore.

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