The Rise and Fall of Amaravati: Andhra Pradesh’s Ambitious Capital Project

Sep 6, 2024

Amaravati, envisioned as Andhra Pradesh’s new green capital, was set to become a model of modern urban planning and global investment. Backed by major international entities like the World Bank and Lulu Group, and designed by firms from Singapore and London, it promised cutting-edge infrastructure. However, political shifts under Chief Minister Jagan Mohan Reddy led to a dramatic halt in progress, causing real estate values to plummet and investors to withdraw. The state’s subsequent three-capital proposal has faced legal challenges, casting uncertainty on Amaravati’s future. Can Chandrababu Naidu revive the project within two and a half years? For more details, visit the official website.

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NewsPlusToday
NewsPlusToday

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