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The Andhra Pradesh government has decided to auction open land in the Capital Region Development Authority (CRDA) limits in order to expedite works in the Amaravati region. The state government plans to sell about fourteen acres of land in the first phase and may auction more land in the next phase depending on the response to the auction of land in the first phase.
A committee headed by the Guntur district collector M Venugopala Reddy reviewed the issue and finalised the off-set price for the land to be auctioned in two separate villages. The district level committee put the off-set price at 5.94 crore per acre for the land at Navulur village close to Vijayawada-Gundugolanu national highway, and 5.41 crore for the land at Pichukapalem village close to the seed axis road in the capital city area.
The district level committee, which comprised of joint collector Rajakumari, Tenali sub-collector Geethanjali Sharma, additional commissioner, CRDA, Aleem Basha, joint director (estates), David Raju, DRO Chandrasekhara Rao, and RDO Prabhakara Reddy, approved the off-set prices and forwarded them to the CRDA and municipal administration department. The land will be auctioned through an e-auction portal.
Sources have stated that the proceeds from the sale of land in the CRDA area will be utilised to complete ongoing works in the Amaravati region. The CRDA had struggled to sell about 100 plots (house-sites) in different locations when they were put up for auction last year.
The Amaravati region is the planned capital city of Andhra Pradesh and was inaugurated in 2015. The city was designed to be a world-class smart city, but its development has faced numerous challenges, including the bifurcation of the state, the change in the ruling government, and the coronavirus pandemic.
The state government has been working on completing the ongoing works in the region to attract investment and create job opportunities. The auction of open land in the CRDA limits is seen as a step towards achieving this goal. The government hopes that the sale of land will attract investors to the region and create employment opportunities.
In conclusion, the Andhra Pradesh government has decided to auction open land in the CRDA limits to expedite the development of the Amaravati region. The government plans to sell about fourteen acres of land in the first phase and may auction more land in the next phase. The proceeds from the sale of land will be used to complete ongoing works in the region. The auction is seen as a step towards attracting investment and creating job opportunities in the region.
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