Land allotment letters distributed under LPS for Amaravati

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Press Trust of India Amaravati (AP)
Last Updated : Jun 25 2016 | 7:28 PM IST
Chief Minister N Chandrababu Naidu today formally launched the process of allotting plots to farmers who have given land for Andhra Pradesh's new capital, Amaravati, under the land pooling scheme (LPS).
At a function in Tulluru, he handed over the allotment letters for 1,916 plots, including 1,167 residential ones to 847 farmers from Nelapadu, the first to part with land under the LPS last year.
Under the scheme, residential plots of 1,000 to 1,200 sq yards and commercial plots of 300 sq yards are given back to farmers for every acre they give up.
The government will appropriately develop the plots after the demarcation process is completed, Naidu said, adding, "You people reposed faith in me and gave your lands. We could pool a record 33,000 acres under the scheme for the development of the capital. It is now a win-win situation for both of us (government and farmers)."
The state government has decided to allot 150 acres for the proposed Indo-UK Medical Institute and Hospital at Amaravati at the rate of Rs 50 lakh per acre. Vellore Institute of Technology will also be given 150 acres of land in the capital region at the same rate.
SRM University has also sought 200 acres to set up its campus.
"We have received many requests for land in the capital
region. We will allot land to the top 25 companies with uniform norms," Naidu said.
The Tirumala Tirupati Devasthanam has also been allotted 25 acres in Amaravati at the rate of Rs 50 lakh per acre for building a temple of Lord Venkateswara.
The Chief Minister also laid the foundation stone of a six-lane road connecting the capital region with Vijayawada , which is supposed to cost over Rs 213 crore.
Deputy Chief Minister N Chinarajappa, Municipal Minister P Narayana, Guntur MP Jayadeva Galla were present on the occasion.
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First Published: Jun 25 2016 | 7:28 PM IST

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