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The AP Capital Region Development Authority issued bonds worth Rs 2,000 crore, with a face value of Rs 10 lakh each, at a fixed coupon rate of 10.32 percent for a period of 10 years.
In a teleconference on Sunday, the Chief Minister told the authority to seek people’s opinion during the second edition on how to make Amaravati one of the happiest cities in the world.
Multipronged strategy devised to tap funds, says CRDA official.
Plots for two five-star, one four-star, five three-star hotels to be given on freehold basis.
Speaking at an open forum held in Navuluru, Naga Sundari said preliminary approvals would be given instantly to the applicants who submitted requisite documents.
The minister further fumed at Opposition leader YS Jagan Mohan Reddy for alleging that no brick has been laid yet in the capital region.
It will have a multipurpose hall with removable partitions, a banquet hall, meeting rooms and other facilities
Amaravati will be the first city in India to use mechanism; 13 sewage treatment plants to be installed in capital
CRDA discussing modalities to arrange free bus trips to capital.
The master plan will identify appropriate and relevant digital opportunities to transform Amaravati into a smart, livable and sustainable urban body.
Chilled water from centralised source will distribute to buildings.
Amaravati bonds: Investors urge Andhra Pradesh Capital Region Development Authority to wait until RBI policy is out
The investors, who are keen on investing in the bonds to be raised by the AP Capital Region Development Authority (CRDA) for Amaravati construction, have requested the authority
The agency, which has been engaged for credit rating of proposed bonds to be issued by the AP Capital Region Development Authority(CRDA), is expected to affirm AA- rating.
CRDA hopes for good response as bonds backed by “irrevocable guarantee” of State govt
The Capital Region Development Authority (CRDA) will develop the proposed smart facilities in Amaravati in a phased manner.