NCC, L&T and SP together get Rs 2,652 crore Amaravati housing project
The housing project consists of 18 towers with luxury flats, each with a built-up area of Rs 3,500 square feet for MLAs
)
Explore Business Standard
The housing project consists of 18 towers with luxury flats, each with a built-up area of Rs 3,500 square feet for MLAs
)
The Andhra Pradesh government has entrusted a Rs 2,652 crore worth of multi-tower housing contract in Amaravati to NCC Limited, L&T and Shapoorji Pallonji with a mandate to complete the work in the next six months time.
Chief minister N Chandrababu Naidu on Wednesday approved the revised cost, which is 33 percent higher compared to the earlier figure of Rs 1,991 crore as the construction majors gear up for the opportunity.
The housing project comprises of 18 towers of luxury flats each with a built-up area of Rs 3,500 square feet for MLAs and the All India services officers, 22 towers with flat size of 1,200 square feet for non-gazetted government staff, 8 towers flats with 1,800 square feet size for Type 1 gazetted and 7 towers with slat sizes of 1,500 for Type 2 gazetted officer and 6 towers with flat size of 900 square feet for class 4 employees, according to the chief minister's office.
The designs for the towers and villas and blueprints and layouts of houses were prepared by Team One India Private Limited.
Last year L&T and Shapoorji Pallonji were engaged by the state government to complete the temporary secretariat complex with a total built up area of around 5 lakh square feet in the capital city site in a record time. NCC and a few other local construction majors have also been entrusted with contracts related to other infrastructure related projects by the government.
In a review meeting on the progress of various projects in Amaravati, chief minister Naidu announced that 123 farmers from the capital region would be sent to Singapore for learning about the best practices in the fields of business and entrepreneurs.
Already subscribed? Log in
Subscribe to read the full story →
3 Months
₹300/Month
1 Year
₹225/Month
2 Years
₹162/Month
Renews automatically, cancel anytime
Over 30 premium stories daily, handpicked by our editors


News, Games, Cooking, Audio, Wirecutter & The Athletic
Digital replica of our daily newspaper — with options to read, save, and share


Insights on markets, finance, politics, tech, and more delivered to your inbox
In-depth market analysis & insights with access to The Smart Investor


Repository of articles and publications dating back to 1997
Uninterrupted reading experience with no advertisements


Access Business Standard across devices — mobile, tablet, or PC, via web or app
First Published: Oct 11 2017 | 8:17 PM IST