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traininginstitutes-world · 22 days

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Residential Plots in Guntur

Discover Prime Residential Plots in Guntur with Amaravati Ventures

Guntur, a city rich in history and culture, is fast becoming a key destination for real estate investment in Andhra Pradesh. With its rapidly growing infrastructure, strategic location near the new capital region of Amaravati, and vibrant community, Guntur offers an exceptional opportunity for those looking to invest in residential plots.

At Amaravati Ventures, we specialize in providing premium Residential Plots in Guntur, ensuring that our clients secure the best locations for their dream homes or future investments.

Why Choose Residential Plots in Guntur?

Guntur’s real estate market is experiencing significant growth, driven by its proximity to Amaravati, a burgeoning capital city, and the continuous infrastructural developments. Here’s why investing in residential plots in Guntur is a smart decision:

Strategic Location: Guntur is strategically located near Amaravati, the newly developed capital region of Andhra Pradesh. This proximity enhances the city’s appeal, making it a prime choice for residential development. With easy access to key highways, railways, and the upcoming airport, Guntur is well-connected to major cities and towns, providing excellent connectivity for residents.

Robust Infrastructure: The city boasts a strong infrastructure with top-notch educational institutions, healthcare facilities, shopping malls, and entertainment centers. The presence of these amenities adds to the attractiveness of residential plots in Guntur, making them ideal for families and professionals alike.

Appreciation Potential: As Guntur continues to develop, the demand for land is on the rise. Villa Plots in Guntur are poised for substantial appreciation, offering investors a high return on investment. The city’s growth trajectory ensures that the value of these plots will continue to increase over time.

Quality of Life: Guntur offers a high quality of life with its blend of urban conveniences and cultural heritage. The city’s peaceful environment, coupled with its modern amenities, makes it an ideal place to build your dream home.

Amaravati Ventures: Your Trusted Partner for Residential Plots in Guntur

At Amaravati Ventures, we understand the importance of finding the perfect residential plot that meets your needs and aspirations. Our extensive portfolio of residential plots in Guntur is carefully selected to offer you the best options available. Whether you are looking to build a home for your family or make a sound investment for the future, Amaravati Ventures is here to guide you every step of the way.

Why Invest with Amaravati Ventures?

Expert Guidance: With years of experience in the real estate industry, Amaravati Ventures provides expert guidance to help you make informed decisions. We are committed to ensuring that your investment in residential plots in Guntur is both profitable and secure.

Transparency and Integrity: We believe in maintaining complete transparency in all our dealings. Our straightforward approach and commitment to integrity have earned us the trust of our clients.

Wide Range of Options: We offer a diverse selection of residential plots in Guntur, catering to various budgets and preferences. Whether you are looking for a plot in a prime location or a more serene setting, we have the perfect option for you.

Personalized Service: At Amaravati Ventures, we prioritize our clients’ needs. Our personalized services ensure that you receive the best advice and support throughout the purchasing process, making your experience smooth and satisfying.

Conclusion

Guntur is a city on the rise, offering tremendous potential for real estate investment. By investing in Ventures in Guntur with Amaravati Ventures, you are securing a valuable asset that promises excellent returns.

Whether you plan to build your dream home or invest for the future, our team is here to help you find the perfect plot. Explore our range of residential plots in Guntur today and take the first step towards a prosperous future.

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mylavenu99 · 2 months

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Mega Projects in Andhra Pradesh 2024: Shaping the State’s Future

Introduction:

Mega Projects in Andhra Pradesh, often overshadowed by its more prominent neighbor Telangana, is set to make significant strides in development and infrastructure. Since the bifurcation of the state, there has been a marked shift towards modernization and improvement in transportation and urban planning. If you’re interested in the state’s upcoming advancements, here’s a comprehensive look at the major mega projects slated for 2024.

Top Upcoming Mega Projects in Andhra Pradesh for 2024

1. Amaravati Capital City

Amaravati, the proposed capital of Andhra Pradesh, is set to span 217.23 square kilometers, with an initial seed capital area of 16.94 square kilometers. Located in Guntur district, the city is poised to become a major urban center with an estimated population of 5.8 lakh. The development aims to harness the fertile lands along the Krishna River, boosting the state’s agricultural and economic prospects.

A bigger challenge for Naidu is the Amaravati project and completing it on time. the total project cost was estimated at Rs.51,687 crore Budget 2024: ₹15,000 crore financial package to develop Andhra Pradesh’s capital city Amaravati

2. Visakhapatnam-Chennai Industrial Corridor

The Visakhapatnam-Chennai Industrial Corridor (VCIC) is a key initiative within India’s East Coast Economic Corridor. Stretching 800 km across nine districts in Andhra Pradesh, this corridor will enhance industrial connectivity and support economic growth. With an estimated investment of over $100 billion and the potential to create over 1 million jobs, VCIC is expected to revolutionize regional industry and employment.

3. Visakhapatnam Light Metro

The Visakhapatnam Light Metro will feature four corridors covering 79.91 km and include 31 stations. The first phase, comprising two corridors totaling 42.55 km, is scheduled for completion by 2028.

This project will modernize public transportation in the city, alleviate traffic congestion, and improve air quality. Andhra Pradesh government has already decided to complete the 76.9 km metro rail project at an estimated cost of ₹14,309 crore.

4. Bangalore-Vijayawada Expressway

This 518 km expressway will significantly reduce travel time between Bangalore and Vijayawada from 12 hours to 6 hours. Constructed under the Bharatmala Pariyojana Phase 2, the expressway will pass through several key districts and is expected to boost economic relations and connectivity between Karnataka and Andhra Pradesh. The estimated budget for this project is Rs. 19,320 crore.

5. Vijayawada Airport New Terminal

The expansion of Vijayawada Airport includes a new 35,000 m² terminal designed to handle an additional 1,200 passengers. Construction began in 2018, and while 20% of the work is complete, further progress is expected. The expansion will enhance the airport’s capacity and efficiency, supporting both domestic and international travel. The project for the construction of the new integrated terminal building and associated works at the airport at an estimated cost of Rs 611.80 crore

6. Chittoor-Thatchur Expressway

The Chittoor-Thatchur Expressway will be a 117 km greenfield highway, part of the Bharatmala Pariyojana Phase 1. The project will feature extensive infrastructure, including bridges and interchanges, and aims to reduce travel time and enhance economic activity. With a budget of Rs. 3,197.56 crore, the expressway is set to be completed by December 2024.

7. Polavaram Lift Irrigation Project

The Polavaram Lift Irrigation Project on the Godavari River aims to irrigate 6.03 lakh acres and generate 1,200 MW of hydroelectricity. This major infrastructure project includes a 2454 m dam and extensive canal systems. Completion is projected for 2025, which will significantly boost agriculture and the economy in the state.

The project cost based on the dam’s height fixation at 41.15 meters is pegged at nearly Rs 30,636 crore in phase 1 of the works. For this, approval from the Union Cabinet is necessary. The balance amount of Rs 12,157 crore is yet to be released by the Centre.

8. Visakhapatnam Eye

Inspired by the London Eye, the Visakhapatnam Eye will be a major tourist attraction offering panoramic views of the city. Located in Kapulauppada, this project will feature dining facilities and will be one of three significant tourism projects in the region.

9. Ramayapatnam Port

Developed on the Bay of Bengal coast, Ramayapatnam Port is expected to be completed by 2025. The project, divided into two phases, will include a breakwater, quay walls, and cargo handling facilities. This deep-water port will facilitate various cargo types and is anticipated to generate thousands of jobs.

Ramayapatnam Port in Nellore district is being developed under the ‘landlord model’ — the government will own the infrastructure and lease it to private companies — by the Ramayapatnam Port Development Corporation Ltd at a cost of ₹3,736 crore.

10. Energy Cloud Storage Platform, Kurnool

Kurnool is set to host the world’s largest clean energy hub, the Energy Cloud Storage Platform (ECSP). This innovative project will support a total capacity of 5,230 MW from solar, wind, and hydropower sources. The ECSP aims to integrate renewable energy into the grid, reduce carbon emissions, and create numerous jobs.

11. Khammam-Devarapalli Highway

The Devarapalli-Khammam Highway will connect Andhra Pradesh with Telangana through a 162.12 km four-lane access-controlled road. This highway, part of the Bharatmala Pariyojana Phase 1, will reduce travel time from 3 hours to 1 hour 30 minutes and boost economic activity. Expected completion is by 2024.

This highway forms a part of the 221 km Suryapet – Devarapalle Expressway (NH-365BB) or Hyderabad – Visakhapatnam Expressway being built for Rs. 4939 crore.

The estimated costs and names of the mega projects in Andhra Pradesh for 2024:

Project Name

Estimated Cost

Amaravati Capital City

₹51,687 crore (total)

₹15,000 crore (2024 budget)

Visakhapatnam-Chennai Industrial Corridor

Over $100 billion

Visakhapatnam Light Metro

₹14,309 crore

Bangalore-Vijayawada Expressway

₹19,320 crore

Vijayawada Airport New Terminal

₹611.80 crore

Chittoor-Thatchur Expressway

₹3,197.56 crore

Polavaram Lift Irrigation Project

₹30,636 crore (Phase-1)

₹12,157 crore (Pending)

Visakhapatnam Eye

Not specified

Ramayapatnam Port

₹3,736 crore

Energy Cloud Storage Platform, Kurnool

Not specified

Khammam-Devarapalli Highway

₹4,939 crore

Conclusion:

Andhra Pradesh is emerging as a hub of progress and innovation. The state’s commitment to enhancing infrastructure and technological advancements through these mega projects reflects its aspirations for growth. Funded by both state and central governments, these initiatives are set to shape the future of Andhra Pradesh and contribute to the broader national development.

#Visakhapatnam Eye #Visakhapatnam Light Metro #Visakhapatnam-Chennai Industrial Corridor #Ramayapatnam Port #Amaravati Capital City

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starfriday · 5 months

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BREAKOUT BOLLYWOOD ACTOR SIDDHANT CHATURVEDI SERVES UP A SUMMER MENU AT THE BIGGEST SUMMER PARTY IN MUMBAI

Joining Starbucks India’s biggest summer party across 27 stores, actor Siddhant and 26 other content creators craft the all-new Starbucks Refreshers for customers PAN-India

Mumbai, 6th May 2024: Starbucks India marked the arrival of summer with a splash at the Infiniti Mall Andheri store in Mumbai, featuring none other than Bollywood sensation Siddhant Chaturvedi. The event saw Siddhant donning a Starbucks apron and cap, stepping behind the counter and calling out drink names of his fans and customers, the traditional Starbucks way.

A Celebration of Coffee and Community

Sporting the iconic green apron and cup, Siddhant enthralled the eager crowd, collaborating with store partners to concoct the all-new Starbucks Mango Dragon Fruit Refresher, a delightful antidote to Mumbai's scorching heat.

In a heartwarming gesture, Siddhant's first pour went to Nirbhay, a differently-abled signing store partner, adding an extra layer of warmth to the occasion.

A Fan Extravaganza

What began as a summer celebration blossomed into an unforgettable fan affair, offering customers the rare opportunity to interact with the powerhouse actor and make their Starbucks experience truly memorable. A fortunate few even had their cups personalized by the star, infusing an extra touch of magic to their summer sips.

Speaking about his experience, Siddhant expressed, "I had an absolute blast at TATA Starbucks, getting hands-on behind the bar and making their newly launched Refreshers for my fans. As a long-time Starbucks loyalist getting behind the bar and immersing myself in re-creating the vibrant Starbucks Refreshers was an absolute joyride! I have a very fond connection with Starbucks, taking me back to the days when I wasn’t an actor. Everytime I was at the airport, I’d drop by a Starbucks store to get my coffee fix. Today, even when I have lounge access, I still only want to be at a Starbucks in every airport I go to. Today, what truly lit up my day was connecting with and serving my fellow fans at the store. I'm incredibly excited about the launch of the new beverages - whether it's the revitalizing Refreshers drink or the indulgent Cold Brew Tiramisu, these are set to be my ultimate summer cooldown companions!"

Starbucks biggest summer soirée also featured 27 stores across 20 cities including Mumbai, Delhi, Bangalore, Pune, and Chennai and more! India's leading creators, including Tarini Shah, Radhika Bangia, Shivesh Bhatia, Akshara Gowda, Govind Kaushal and more transformed into baristas behind the Starbucks coffee bar. They took up shifts, serving eager customers with flair and charm.

About TATA Starbucks Private Limited

Starbucks entered the Indian market in October 2012 through a 50/50 Joint Venture with Tata Consumer Products Limited and currently operates more than 424 stores in India across 62 cities, Agra, Ahmedabad, Ajmer, Alibaug, Amritsar, Anand, Aurangabad, Bangalore, Bhatinda, Bhopal, Bhubaneswar, Calicut, Chandigarh, Chennai, Dehradun, Faridabad, Gandhinagar, Ghaziabad, Goa, Guntur, Gurgaon, Guwahati, Gwalior, Haridwar, Hyderabad, Coimbatore, Indore, Jaipur, Jammu, Jalandhar, Jodhpur, Kanpur, Kochi, Kolhapur, Kolkata, Lonavala, Lucknow, Ludhiana, Mangalore, Meerut, Mumbai, Mussoorie, Mysore, Nagpur, Nashik, New Delhi, Noida, Pathankot, Patiala, Pondicherry, Pune, Raipur, Siliguri, Sonipat, Surat, Thrissur, Trivandrum, Udaipur, Vadodara, Vapi, Varanasi, Vijayawada, Varanasi and Vizag are cities in India. through a network of over 4,200 passionate partners (employees). Starbucks stores are operated by the joint venture, Tata Starbucks Private Limited, and branded as Starbucks Coffee - A TATA Alliance.

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anjani1223 · 8 months

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The Remarkable Development of Krishna District Under N Chandrababu Naidu’s Leadership

Under the leadership of the N Chandrababu Naidu government, Krishna District in Andhra Pradesh has witnessed commendable development across various sectors, emerging as a shining example of progress in the state. The district has made significant TDP contributions in the fields of economy, human development, and public welfare, setting the benchmark for others to follow. In terms of economic prosperity, Krishna District has excelled, boasting the highest Gross District Domestic Product (GDDP) and Gross Value Added (GVA) figures in the entire state. In the fiscal year 2017-18, the GDDP reached a staggering 97,059 Crores, with GVA standing at 88,829 Crores. The district's economic backbone is firmly supported by agriculture and allied sectors, contributing 36,073 Crores to the GVA, while fishing and aquaculture added 17,355 Crores. Through several TDP schemes the transport and storage sectors have thrived, securing the top position in the state with a GVA of 6,737 Crores. The human development indices in Krishna District are truly remarkable. The district boasts the lowest stunting rate of 17.11%, wasting rate of 1.31%, and underweight rate of 2.20% among children.

Moreover, the anaemia rate among pregnant and lactating women is an impressive 0.44%, the lowest in the state. This remarkable feat led to the declaration of Krishna District as an anaemia and malnutrition well-controlled district, a testament to the dedication of the Erstwhile Chief Minister of Andhra Pradesh, Shri. Nara Chandrababu Naidu, along with the unwavering support of TDP MLAs and TDP leaders. The per capita income in the district for the year 2017-18 was the highest in Andhra Pradesh, standing at Rs. 1,89,121. This initiative by the state government underscores their commitment to the welfare and prosperity of the people. Notably, Krishna District has witnessed a slew of significant TDP achievements under the TDP's governance. The inauguration of the International Terminal at Vijayawada (Gannavaram) Airport has enhanced connectivity and accessibility, promoting economic growth and trade in the region. The Pattiseema Lift Irrigation project, a remarkable endeavour, has lifted an astounding 263 TMC of Godavari water to the Krishna River. This Irrigation project primarily aims to provide irrigation water for two agricultural crops throughout the year, benefiting thousands of farmers, and also ensures a reliable supply of drinking water to villages in Krishna, Chittoor, Guntur, Kadapa, and Ananthapur districts, serving as a lifeline for the people of Andhra Pradesh.

The Neeru-Chettu program, a mission and a TDP agenda for water conservation has been a catalyst for development in the district. With the objective of reducing economic disparities and eradicating poverty through improved water conservation, this initiative has played a vital role in making Andhra Pradesh a drought-proof state within five years. Notably, 8 TMC of water has been successfully stored, and 66,074 acres of ayacut have been stabilized, ensuring water security and agricultural sustainability. Additionally, the district has undertaken the distribution of one lakh house pattas, and Bhu Seva, a pioneering land-related service, was implemented for the first time in the district with the unwavering support of N Chandrababu Naidu. These exceptional TDP developments underscore the commitment of the TDP Government to fostering holistic development and enhancing the quality of life for the people of Krishna District, Andhra Pradesh. Whether you're a local resident or someone interested in staying informed about the latest news, you'll find an abundance of resources, including updates on TDP party activities and local news from official websites.

#https://ananthapuramutdp.com/

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scrumptiouskiddefendor · 9 months

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N Chandrababu Naidu's Visionary Leadership: Transforming Andhra Pradesh into a Premier Tourist Destination

The tourism industry holds a pivotal position in any nation's economy, and the state of Andhra Pradesh is no exception. Under the astute leadership of N Chandrababu Naidu and the Telugu Desam Party (TDP), Andhra Pradesh has embarked on a remarkable journey to attract tourists from across India and the world. These initiatives are designed to showcase the state's rich culture, history, and natural beauty, positioning Andhra Pradesh as an alluring tourist destination.

A cornerstone of N Chandrababu Naidu's vision for tourism development in Andhra Pradesh has been the enhancement of the state's infrastructure. The TDP government has taken proactive measures to improve the state's road network, airports, and other transportation facilities. The development of the new international airport in Vijayawada and the expansion of existing airports in Visakhapatnam and Tirupati have been instrumental in boosting the state's connectivity. Furthermore, the construction of modern highways like the Krishnapatnam-Chennai Expressway and the Kakinada-Kurnool Highway has significantly eased travel to various tourist destinations, making exploration of the state more accessible and efficient. In addition to infrastructure, N Chandrababu Naidu and the dedicated TDP MLAs and MPs have prioritized the development of key tourist attractions across the state. Andhra Pradesh boasts a rich cultural heritage, and the TDP government has been committed to its promotion. A prime example is the Amaravati Heritage Town, a project aimed at establishing a world-class heritage site. This town will serve as a cultural treasure trove, showcasing the state's ancient Buddhist heritage, thereby attracting tourists from all corners of the globe. Similarly, the transformation of Bhavani Island in Vijayawada and the restoration of the Kondaveedu Fort in the Guntur district exemplify the government's dedication to promoting tourism through the preservation and enhancement of cultural landmarks. Examine the TDP party website for info on thelocal news and political news.

Religious tourism holds a special place in Andhra Pradesh, known for its myriad ancient temples and sacred shrines. The TDP government, led by N Chandrababu Naidu, has been proactive in promoting these sites as major tourist destinations. The development of the Ramayapatnam Port in the Nellore district and the construction of a new jetty at Bhavani Island will facilitate visits to the revered Sri Durga Malleswara Swamy Temple in Vijayawada. The government has also transformed the Simhachalam Temple in Visakhapatnam into a world-class pilgrimage destination, drawing devotees from all corners of the country. Emphasizing the importance of eco-tourism, N Chandrababu Naidu has championed the cause of preserving Andhra Pradesh's natural wonders. The state boasts numerous national parks, sanctuaries, and wildlife reserves, and the TDP government has been proactive in developing these areas as sustainable tourist destinations while preserving their ecological balance. Contributions of TDP such as the development of the Kambalakonda Wildlife Sanctuary in Visakhapatnam and the Coringa Wildlife Sanctuary in East Godavari district exemplify the state's commitment to eco-friendly tourism. To further catalyze tourism, N Chandrababu Naidu's government has launched a series of innovative TDP schemes and programs. The Swadesh Darshan scheme, initiated by the Ministry of Tourism, seeks to create theme-based tourist circuits across the country. Andhra Pradesh has been selected as one of the states to benefit from this scheme, with plans to develop circuits such as the Buddhist circuit, the beach circuit, and the heritage circuit. Concurrently, the state government has introduced the Mukhyamantri Yatra program, which offers free travel to senior citizens, enabling them to explore various tourist destinations within the state.

N Chandrababu Naidu's visionary leadership and the concerted efforts of the TDP party have catapulted Andhra Pradesh into a premier tourist destination. The comprehensive approach, encompassing infrastructure development, cultural preservation, religious tourism promotion, eco-tourism initiatives, and innovative schemes, has unlocked the state's full potential as a tourism hotspot. As a result, Andhra Pradesh stands ready to welcome visitors from far and wide, offering a diverse tapestry of experiences that showcase its rich heritage, natural beauty, and warm hospitality. N Chandrababu Naidu's agenda in transforming Andhra Pradesh into a top-notch tourist destination will undoubtedly endure, leaving an indelible mark on the state's future growth and prosperity.

#tdp #ap #cbn

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kadapatdp · 1 year

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Chandrababu Naidu Plans to Develop Vishakapatnam into an IT Hub

Nara Chandrababu Naidu, a political leader in the state of Andhra Pradesh and the leader of the TDP Political Party, has the vision to develop the state of Andhra Pradesh, with a particular focus on the city of Visakhapatnam (Vizag). He aims to transform Vizag into a major centre for the information technology and film industries, and his plans include decentralization and building high-tech cities in various towns across the state, including Tirupati, Rajahmundry, Kakinada, and Vizag.

One of NCBN's main plans is to expand the Vijayawada, Guntur, Machilipatnam, Eluru, and Tenali area as a capital zone, with Vijayawada as the primary city. He aims to construct more administrative buildings in these cities and villages, such as the Secretariat, High Court, and Assembly. Moreover, he plans to develop Rayalaseema as an industrial region, focusing on the growth of manufacturing and service industries. These are some of the significant contributions of TDP under N. Chandrababu Naidu has made it to Andhra Pradesh during his tenure as the 1st Chief Minister of bifurcated AP.

NCBN's vision for Andhra Pradesh also includes making Vizag a major hub for the information technology (IT) sector. He believes that the city meets all the requirements of potential investors, including a well-educated workforce, good infrastructure, and a high standard of living. Nara Chandrababu Naidu has developed plans for East Point Golf Club of Mudasarlova to turn it into a world-class facility to attract entrepreneurs and IT companies.

Another crucial element of Nara Chandrababu Naidu’s plans is to make Vizag the state's film hub, as it has many attractive locations, such as Araku Valley and Vizag Beach, which are popular among filmmakers. To attract more businesses and investors to the region, he intends to increase the international airport in the city and provide an uninterrupted power supply to industrialists when new projects get underway.

The development of TDP is focused on decentralization, and he plans to build a city in each district. This aligns with his campaign promise to build high-tech cities in various towns across Andhra Pradesh, including Tirupati, Rajahmundry, Kakinada, and Vishakhapatnam. He believes that Vishakhapatnam is particularly well-suited for this kind of development, as it has the best city life among the cities in Seemandhra and is popular among foreign businesses looking to invest in the region.

N. Chandrababu Naidu also plans to promote Vishakhapatnam’s natural beauty and cultural heritage to make it a major tourist destination. The city is known for its beaches, temples, and historical sites, and Nara Chandrababu Naidu plans to develop these attractions further to attract more visitors. He also intends to develop the Araku Valley as a major tourist destination, with better infrastructure and more facilities for visitors. To know more about Vishakapatnam city news and Vishakapatnam live updates visit TDPs official website.

Moreover, NCBN aims to develop the city's transportation infrastructure, including building more airports, seaports, and highways. This will make it easier for people to travel to and from the city and make it more accessible to businesses and investors. In summary, N. Chandrababu Naidu’s plans focused on promoting economic growth in Andhra Pradesh.

#visakhapatnamtdpnews

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bobyseo · 2 years

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Andhra Pradesh attracts $20 billion investment proposals in entertainment, infrastructure

Andhra Pradesh, a state in southern India, has received investment proposals and expressions of interest worth $20 billion in the entertainment and infrastructure sectors. UK-based Eros Investments Ltd and Qatar-based Altani Group made the investment. The proposals come as the state continues to position itself as an attractive destination for foreign investment, thanks in part to its investor-friendly Chief Minister, N Chandrababu Naidu. Eros Investments Ltd, a subsidiary of NYSE-listed Eros International Plc, has signed a memorandum of understanding to build a $5-10 billion entertainment city near the city of Vizag. The city is expected to include a media city, an amusement park, commercial and residential complexes, hotels, leisure options, and healthcare facilities. Eros plans to have pre-production, production, and post-production facilities for the film, TV, and advertising industries in its proposed integrated media city project. The minimum investment that Eros is proposing is $5 billion, but it plans to increase this to $10 billion. The TDP Contributions made by the government have become Top TDP Achievements.

Qatar's Altani Group, with interests in roads, power, and construction, has expressed interest in investing at least $10 billion, mostly in the state's proposed new capital city between Vijayawada and Guntur. The group has expressed interest in broadly investing in the areas of roads, construction, and power generation, although details of their participation in specific projects and investments will be worked out later through memoranda of understanding and definitive agreements. The investment by Eros is considered one of India's most significant foreign investments in the entertainment sector. The proposed investment is expected to give a massive boost to tourism, create employment, and infrastructure, and attract further investments into Andhra Pradesh. It will also help the services sector in the state earn revenues. for future reference go through TDP live updates.

Chief Minister N Chandrababu Naidu welcomed the proposed investment by Eros, saying that it would be a significant step forward for Andhra Pradesh. He also noted that the state has been making efforts to create an investor-friendly environment and provide an ecosystem that supports and encourages investment. The proposed investment by Eros and Altani Group reflects the growing interest in India's entertainment and infrastructure sectors. The Indian government has been promoting foreign investment in these sectors as a way to boost economic growth and create employment. India's entertainment industry is expected to grow at a compounded annual growth rate of 11.5% over the next five years, making it an attractive destination for investment.

In addition, the Indian government has been investing heavily in infrastructure development, particularly in the areas of roads, airports, and ports with the help of many Top TDP Leaders and the Best TDP MLA Candidates. The development of new infrastructure projects is expected to create opportunities for private investment in the construction, power, and transportation sectors. In conclusion, the investment proposals from Eros and Altani Group are a major step forward for Andhra Pradesh and demonstrate the state's potential as a hub for investment in the entertainment and infrastructure sectors. The state has been working hard to create an investor-friendly environment, and the proposed investment is expected to be the first of many in the coming years. The Indian government's efforts to promote investment in the entertainment and infrastructure sectors are expected to have a positive impact on economic growth and employment, and the investment by Eros and Altani Group is a clear indication of this trend.

#latesttdpnews #tdppoliticalnews

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aerticle365 · 2 years

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Chandrababu Naidu's Ambitious Plans Transforming Vizag into a Major IT and Film Industry Center

Nara Chandrababu Naidu, a political leader in the state of Andhra Pradesh and the leader of the TDP Political Party, has ambitious plans to develop the state of Andhra Pradesh, with a focus on the city of Visakhapatnam (Vizag). He intends to make Vizag a major center for the information technology and film industries. The city already has several advantages that make it a suitable location for this kind of development, including its international airport, seaport, and city life.

One of Chandrababu Naidu's key plans is to expand the Vijayawada, Guntur, Machilipatnam, Eluru, and Tenali area as a capital zone, with Vijayawada as the primary city. He plans to build more administrative buildings in these cities and villages, such as the Secretariat, High Court, and Assembly. Additionally, he plans to develop Rayalaseema as an industrial center, focusing on the growth of manufacturing and service industries, these are some of the NCBNs contributions to Andhra Pradesh during his tenure as the 1st Chief Minister of bifurcated AP.

Shri N. Chandrababu Naidu has also expressed his desire for decentralized development, stating that he plans to build a city in each district. This approach is in line with his campaign promise to build high-tech cities in various towns across Andhra Pradesh, including Tirupati, Rajahmundry, Kakinada, and Vizag. He believes that Vizag is particularly well-suited for this kind of development, as it has the best city life among the cities in Seemandhra and is popular among foreign businesses looking to invest in the region.

Furthermore, NCBN plans to make Vizag the state's film hub, as it has attractive locations such as Araku Valley and Vizag Beach which are popular among filmmakers. He also intends to increase the international airport in the city, to make it more accessible to investors and businesses.

Finally, Chandrababu Naidu has emphasized the importance of guaranteeing industrialists an uninterrupted power supply when new projects get underway. He believes that the new state will have excess power and that this will be a crucial factor in attracting new businesses and investors to the region. Overall, NCBN's plans for Andhra Pradesh are focused on promoting economic growth and development in the state, with a particular emphasis on the city of Vizag.

In addition to the plans mentioned above, Chandrababu Naidu also intends to make Vizag a major hub for the information technology (IT) sector. He believes that the city meets all potential investors' requirements, including a well-educated workforce, good infrastructure, and a high standard of living. He also plans to develop the East Point Golf Club of Mudasarlova into a world-class facility that will attract IT companies and entrepreneurs to the region. For more about TDP and its Achievements visit our website.

Furthermore, NCBN plans to make Vizag a major tourist destination by promoting the city's natural beauty and cultural heritage. The city is known for its beaches, temples, and historical sites, and Nara Chandrababu Naidu plans to develop these attractions to attract more visitors. He also plans to develop the Araku Valley as a major tourist destination, with better infrastructure and more facilities for visitors. In addition, NCBN also plans to develop the city's transportation infrastructure, including building more airports, seaports, and highways. This will make it easier for people to travel to and from the city, and will also make it more accessible to businesses and investors.

#LatestTDPNews #LatestPoliticalNews

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sellingloading294 · 3 years

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Gps Location Tracker Online

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traininginstitutes-world · 1 month

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Residential Plots in Mangalagiri

Discover the Perfect Residential Plots in Mangalagiri with Amaravati Ventures

Mangalagiri, a town steeped in history and strategically located in the Guntur district, is rapidly emerging as one of the most sought-after destinations for real estate investment in Andhra Pradesh. With its proximity to the capital city of Amaravati and a well-balanced blend of urban development and natural beauty, Mangalagiri offers a unique opportunity for homebuyers and investors alike. At Amaravati Ventures, we are delighted to present premium Residential Plots in Mangalagiri, tailored to meet the needs of modern living.

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juudgeblog · 6 years

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What kind of legal work will be generated from India’s ambitious plan to build 100 smart cities?

This article was authored by Apoorva Mandhani.

The Central Government had, in 2015, launched the Smart City Mission, vowing to develop 100 cities across the country, making them citizen-friendly and sustainable. These cities, with landscaping and amenities straight out of a sci-fi movie, envisage to use the internet of things (IoT), data, and technology to streamline services for more connected, efficient, manageable, and cost-effective communities.

With this mission having completed three years, quite a few such cities have made news for implementing innovative technology led projects like City Command and Control Center, smart parking, city surveillance, intelligent traffic management etc. Let us find out what these projects have in store for real estate lawyers!

Will due diligence survive?

One of the foremost steps for putting through a real estate deal is due diligence. It requires clearing the title of a property from any encumbrances, and hence, involves examination of documents transferring title for at least the last 35 to 40 years.

The catch is that these documents are more often than not, incomplete or even missing at times. A revenue search in the government records is the next best bet, albeit a dicey one. This is what makes the entire exercise of conducting a title search both dreadful and lucrative—dreadful because of the current condition of government records and lucrative because of the money that can hence be charged for undertaking such search.

However, one of the first steps before setting up smart cities is expected to be the digitization of government records to ease the process of land acquisition and development. The present value attributed to due diligence might, therefore, go down, simply because it is believed that the process is going to get a lot easier. However, there is good news as well:

Regulation clearances will thrive

While the need for due diligence work may go down, it is expected that the need for lawyers to help with the varied regulations to be put in place would go up. This is especially necessary because, in lack of such approvals and clearances, the project could be tied up in legal troubles for years before it finally starts generating returns on the humongous investments that go into it.

Take for example the experience with Andhra Pradesh government’s plan to build Amaravati, a “greenfield” capital city where four million people would eventually reside. The project envisages a spectacular 32-kilometre long riverfront along the verdant banks of the Krishna between Guntur and Vijayawada. It hopes to house two international airports and to become an attraction for Buddhist tourists.

However, several farmers and civil society activists have since alleged that several environmental and land acquisition norms have been violated in the progress of the project. For instance, it has been claimed that the Andhra Pradesh government has violated rules while acquiring fertile agricultural land and wetlands – nearly 40% of the total area of 33,000 acres – where some 100 varieties of grains, vegetables and fruits are cultivated. With such allegations already surfacing, it is likely that the project is going to be entangled in litigation for a while, putting investor’s money in great risk; probably discouraging future investments in such projects.

Therefore, this tells a precautionary tale, one that should be in the rule-book in the “don’ts” section. For a smart city to be sustainable in all aspects, blemish-proof environmental and other clearances will have to be put in place. This, of course, would require lawyers to step in and take charge, helping builders and financiers with such clearances, presenting another lucrative opportunity for lawyers to grab.

Project Finance

As for the source of financing, most of the smart city plans require 70 per cent of the total outlay to be funded by the Central and State Government, either through the Smart City Mission or through convergence schemes like AMRUT, Swachh Bharat etc. The remaining 30 per cent is required to be funded by the private sector, either through public-private partnership (PPP) projects or through the issue of municipal bonds / similar instruments.

PPP projects

For utilisation of PPP projects, there would a need to significantly scale up the number and size of such projects for them to be able to mobilize target private investments. This would require project finance experts at every stage, especially because of the change in the character of employing large-scale PPPs, which would now have to be implemented in the brownfield development category—an unexplored combination in the country. For the uninitiated, the fact that smart cities emanate from existing cities makes these brownfield projects, as against greenfield development, which comes up on unused lands.

In other words, large-scale PPPs have so far been limited to projects involving the construction of urban commercial infrastructure, with the Government contributing the land. However, in contrast, the government now holds the fragmented portion of land pieces in most smart city projects, requiring scaling of the PPPs.

Municipal bonds

As for the issuance of municipal bonds and similar instruments, very few cities have actually gone ahead with issuing bonds, as most smart cities could not secure investment grade rating in the credit rating exercise conducted as a precursor to bond issuance. The major reasons for sub-investment grade ratings have been attributed to issues relating to financial sustainability. This is because it is difficult to cover the cost of service delivery as user charges for key municipal services like water supply and solid waste management are inadequate.

However, this might become viable with revised policies and regulatory and institutional frameworks. The bottom line here is that the financing of smart cities is still evolving, and hence, project finance teams for such cities can expect to have a steady inflow of work over the years.

Drawing up of contracts

Lawyers would be required to render their assistance in the drafting of intricate contracts that would come up in the course of these financing options as well as construction phase. They would be needed to draw out hundreds of types of different contracts and negotiate.

For instance, the level of risk borne by a private partner in the entire set-up largely depends on the type of contract. So while in a management contract, the private party shares minimal risks with the public sector, in a lease contract, private parties take on operating and collection risks. As against these, Build-Operate-Transfer (BOT) and Rehabilitate-Operate-Transfer (ROT) contract, private partners also take on investment and financing risks.

There would also be thousands of vendor contracts, service contracts etc.

Land acquisition litigation

NITI Aayog’s new strategy paper states the economic direction this government would take if it returns to power in 2019. For land acquisition, it states that it would make Bhumi Rashi, a web-based portal to bring transparency in land acquisition for road projects, functional by March 2019. It further states that it would sensitise stakeholders on the procedures to determine the market rate, decide compensation and disbursement.

However, it largely fails to address the persistent issues pertaining to use of force, and inadequate compensation, resettlement and rehabilitation, as well as the issue of people not getting money in their banks. With no new vision on this aspect of constructing smart cities, it is likely that litigation relating to land acquisition is here to stay.

Project management

What also needs to be understood is that while it has been three years since the announcement of the government’s plans, the project is still very much a work in progress. Out of the 99 selected cities, 20 were declared in January 2016 and the last 9 were declared only this year in January.

Further, unlike any other real estate project, the sheer scale of these smart cities make it necessary to have project management consultants conversant with the laws of the land, as well as setting up of Special Purpose Vehicles (SPVs). According to experts, both of these could take anywhere between 15 to 18 months to put in place. Thereafter, a project needs to be picked, which would be taken up by the SPV in consultation with stakeholders, and then, cutting-edge technology would be required to finally implement this project. This would, therefore, require the long-term engagement of project management officials.

“PropTech” lawyers

Besides, the advent of smart cities could also lead to an onslaught of enhanced coordination between real estate and technology lawyers, to tackle the new legal challenges that these smart cities would pose. Take the cue from the pushback received by Google’s Quayside smart city in Toronto, on the issue of information privacy.

The concerns raised by the citizens, in fact, led to the formulation of a more government-friendly agreement between the government of Toronto and Google entity, “Sidewalk Labs”. Significantly, while the first agreement was largely silent on issues of privacy and data governance, the second one stated that the project will move forward under “the most privacy protected/citizen-centred set of policies and governance structures in the world, recognizing privacy as a fundamental human right.”

Anyway, this does present a rosy picture for lawyers, with several new avenues opening up to them with the development of smart cities. If you want to know more about this, you could explore this online course on real estate laws. This course will familiarise you with the corporate and legal structure used by the government for smart city development, and a whole lot more than you need to learn to capitalise on this sector, within a span of three months.

You can also do a course on contract drafting as this is definitely a skill that will be high in demand. You will not regret if you learn M&A, institutional finance and investment law course either. Our courses will equip you to systematically learn the most essential skills to deal with the upcoming legal challenges that the economic changes are bringing forth to the legal and business world.

The post What kind of legal work will be generated from India’s ambitious plan to build 100 smart cities? appeared first on iPleaders.

What kind of legal work will be generated from India’s ambitious plan to build 100 smart cities? syndicated from https://namechangersmumbai.wordpress.com/

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loyallogic · 6 years

Text

What kind of legal work will be generated from India’s ambitious plan to build 100 smart cities?

This article was authored by Apoorva Mandhani.

Will due diligence survive?

Regulation clearances will thrive

Project Finance

PPP projects

Municipal bonds

Drawing up of contracts

There would also be thousands of vendor contracts, service contracts etc.

Land acquisition litigation

Project management

“PropTech” lawyers

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thenewsroom8 · 3 years

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Mumbai: Student held for duping several flyers across different airports | Mumbai News

MUMBAI: A second-year college dropout (agriculture student) is in the custody of police who was wanted for duping several flyers across airports in Bengaluru, Chennai, Delhi and Mumbai to the tune of over Rs 1.75 lakh in the last six months. Accused identified as Modella Venkat Dineshkumar (22), a Guntur resident from Andhra Pradesh, siphoned off money from the flyers claiming that he has missed…

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todaybharatnews · 5 years

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via Today Bharat nbsp; nbsp; Andhra Pradesh Chief Minister Jagan Mohan Reddy expressed his dissatisfaction with the State Election Commissionerrsquo;s announcement earlier in the day postponing the local body election process by six weeks, to prevent the spread of the COVID-19 disease. Stating that the state government has been taking necessary steps for containing the disease, Jagan alleged that State Election Commissioner N Ramesh Kumar has only used the coronavirus issue as an excuse to prolong the period for which the SEC holds power, on the behest of Leader of Opposition and former Chief Minister Chandrababu Naidu. However, it is to be noted that other states like Karnataka, Kerala, Telangana and Tamil Nadu have imposed restrictions and many have barred people from gathering at public places. The Chief Minister also met with Governor Biswabhusan Harichandan earlier in the day, to express his concerns over the postponement of the election and to request his intervention with the SEC. ldquo;There is no need to panic over coronavirus. Very soon, people of our state living in other countries, particularly the Middle East, might be deported as these countries may not be willing to provide healthcare for them. In such case, we will carry out the necessary procedures like screening at airports, and home quarantine for people returning from coronavirus-affected countries. There will be regular monitoring, and care will be provided for those who show symptoms. In cases where required, they will be moved to isolation wards. This will be an ongoing process,rdquo; he said, adding that the situation is likely to continue for about a year. Jagan said that postponing the election process for 6 weeks was unlikely to be effective, as the situation over coronavirus is only likely to be more intense by then, requiring more stringent preventative measures. Jagan alleged that Naidu was using Ramesh Kumar as a lsquo;molersquo; in the SEC to bring the institution down. He also insinuated that Ramesh Kumarrsquo;s appointment as the State Election Commissioner was done by Naidu during his term as CM, as they both belong to the same community. Jagan also took objection to the SECrsquo;s obstruction to the YSRCP governmentrsquo;s flagship housing scheme which was set to be launched on Ugadi, on March 25. He also objected to the SECrsquo;s recommendations to transfer and suspend district officials and police officers in various districts where incidents of violence were reported in relation to the local body polls. ldquo;If the elections are over before March 31, 14th Finance Commission funds worth Rs 5,000 crore will come to the state. We may lose out on these funds if we postpone the polls. The funds could be used for development in the state,rdquo; he said. nbsp; Questioning the authority of the SEC to suggest transfer and suspension of district officials and police officers, Jagan said, ldquo;He can change things when the Model Code of Conduct (MCC) is in place. On one hand he postponed elections using coronavirus as an excuse. Later in the same press meet, he asked for transfers and suspensions of officials. We have won with a massive majority of 151 seats, who has authority here - the CM or the SEC?rdquo;. Jagan also expressed fury over the decision to postpone elections without consulting government officials. ldquo;If theyrsquo;re using coronavirus as an excuse, they shouldrsquo;ve consulted with the government. Their order copy says that they took inputs from senior health functionaries, but they have consulted neither the Health Secretary, nor the Chief Secretary,rdquo; Jagan said, alleging that the decision was made to distract people from the fall in Naidursquo;s political stature as a result of the local body elections. Denying allegations of widespread violence surrounding the filing of nominations in for the polls, the CM said that only 14 incidents of violence were reported out of 2,794 wards and divisions. ldquo;In any local body elections, this is normal. Never in the past would there have been fewer numbers reported,rdquo; he said. The SEC had issued orders on Saturday to suspend the YSRCP governmentrsquo;s housing scheme till the conclusion of the polls, as the MCC is in place. ldquo;Within a day of suspending the housing scheme due to MCC, the elections were postponed. This was done because it became clear that the YSRCP is sweeping elections with thousands of candidates winning unanimously,rdquo; he said. Jagan said that if the SEC refuses to change its decision after the Governorrsquo;s intervention, the matter will be taken to higher authorities. The CM also assured people that the government is taking measures to deal with coronavirus. ldquo;The mortality rate around the world has been very low. The disease mainly affects the elderly, and people who are already suffering from other ailments hellip; The government is still taking measures to prevent it, like any other disease,rdquo; he said. ldquo;As a state we need to take certain precautions, like avoiding large public gatherings, avoiding non-essential travel, and visits to movie theaters and shopping malls This is going to be in place for a year, not just for 15 days. Let's all be prepared for it,rdquo; he said. He also said that schools and colleges will be given leave for a few days, while board exams will be conducted. Two labs have been set up for testing, in Tirupati and Vijayawada, and attempts are going on to open a third lab in Kakinada, he said. ldquo;In any suspected case, action is being taken. District hospitals and teaching hospitals have been alerted, isolation wards have been set up, staff has been trained, adequate supply of N95 masks and ventilators has been ensured.rdquo; he said, adding that quarantine facilities are being set up in Vizag, Vijayawada, Kakinada, Kurnool, Guntur and Nellore."

#IFTTT #Today Bharat

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vertexpanache18 · 6 years

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Best Places to Invest in Open Plots near Capital Amaravati

Although buying plots can be rewarding in the long term, how to invest in land is a million dollar question. Nevertheless, identifying the best investment option in land will require some research & online is a great opportunity you have these days. We give you here some tips involving a small checklist which can help you get the best of open plots in Vijayawada & Capital Amaravati of the new developing state of Andhra Pradesh.

Projects & Development – You want to invest money so as to satisfy your long term goals in solid investments with great returns & low risk. Real estate is a possible option but some factors can make it seem unattractive. But investing in prime land in a development focused area is the bright side. While investment options are lower for plots in comparison with other types of properties, returns are always high & stable for locations chosen correctly.

Hands-Off Investment

Investing in plots does not require any extra cost for upkeep of property. If it were residential property, you would have to worry about tenants, maintenance & other issues. With plots all you have to worry about is management or minimal maintenance in order to prevent encroachment.

Good ROI for Long Term

Value addition for long term with investment in plots is more affordable than residential property. You will also save a considerable amount of money with lesser requirement for maintenance. However, since land investment is tricky & fraught with risks, ensure that you are mindful of a few things before investing.

Plan Your Investment Budget

Take time to plan out your budget. Before that do a good research on land investment options in the areas you are interested in. Make a checklist for the same.

Savings & Income Evaluation – Estimate savings & debt-income ratio if you are availing finance for this venture. Various other investment tools like mutual funds or fixed deposits are also good sources of financing. Analyze the amount you are willing to invest & what you would be left with.

Research Well Before Investing

To begin with, choose the right location & a trusted developer. Learn about market trends & development news related to the area you are willing to invest in. This is to help you in decision making.

Market Trends – Investigate trends & recent market reports on real estate in the chosen region. Check on news related to investment options, prices, popular plots for investment, type of land investments & others.

City & State Development – This can be a game changer. Make sure that the plotting project is approved & is not due for development of any government project or under litigation. You can obtain this information from local municipalities & development authorities.

Location of Plots – Plots which are situated along a developing city, business sector, railway station or an airport are great investment opportunities. It is wise to invest in areas in such sectors & which ensure that you get maximum returns in future. Make it a point to invest in land where you can see possibility of growth & development.

Duration for which your Investment can hold – This is also an important aspect which you should consider. Since land is not a liquid asset like a fixed deposit or gold, it can take considerable amount of time when it comes to finding a buyer at a fair price. While plot investment will help you gain on capital appreciation when you sell, your planning will eventually help you in maximizing returns & turn your venture into a grand success.

Vertex Homes’ Plotting Ventures near Capital Amravati

Vertex Capital Vista – This plotting venture is spread across 24-acres of lush green surroundings. It offers premium plots which are adjacent to Capital Amaravati Inner Ring Road. Three phases of Vertex Capital Vista are sold out already & Phase IV is selling fast. Landmarks like International Cricket Club, Electronics & IT Hub & more are coming up in close proximity. This is a CRDA approved project in which people from Hyderabad, Middle East & USA are interested.

Vertex Capital Vista West – This premium plotting venture is spread across 25-acres. It is located within the heart of all development projects like educational institutions, infrastructural developments, sporting facilities, commercial & residential developments coming around Capital Amravati City. Vertex Capital Vista West carries a rich legacy & continues to woo investors from all parts of the world. This is set to be to be the best investment option in the entire region.

Vertex Capital County Open Plots – These plots are a window into the future. Located adjacent to the Acharya Nagarjuna University near Capital Amravati, Vertex Capital County open plots are spread across a 35-acre expanse. This is the first plotting venture in the region featuring a world-class clubhouse & a sports arena. Backed by CRDA approval & impeccable trust of Vertex, Capital County Plots are fast turning out to be the hottest investment opportunity along the Guntur-Vijayawada stretch

#vertexhomes #2and3bhkluxuryapartmentsinhyderabad #luxuryapartmentsinhyderabad #luxuryflatsinhyderabad #vertexcapitalvista #vertexcapitalvistawest

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