Amaravati bonds likely to be listed in BSE by month end

Chief Minister N Chandrababu Naidu said that there should be no compromise on elevation of towers meant for housing IAS and other officials in Amaravati capital. He asked the officials to complete the 6 towers comprising of 144 flats including judges’ tower as early as possible.

Addressing a review meeting of CRDA at secretariat today, the Chief Minister said officials should give top priority for elevation of towers and greenery in the capital region. He said once officials shifted to the new towers there would be visible progress in development of capital.

The CRDA officials informed that the bidding of Amaravati bonds will be closed by Tuesday and listing is likely to be by the end of August and requested the Chief Minister to attend the programme at Mumbai as for the first time a state government floating bonds to a tune of Rs 2000 cr.

The Chief Minister directed the officials to submit status report on progress of construction every week. He said interaction with public is important and they should be involved in development of Amaravati capital. The Chief Minister agreed to send some more farmers who gave their lands under land pooling to Singapore.

The Chief Minister stressed the need for visualizing the development of Amaravati. Stating that the physically challenged corporation employees donated Rs 30 lakh towards development of Amaravati, the CM said that it would turn as an inspiration for several others who are ready to be part of capital development.

Later the Chief Minister addressing a review meeting on municipal administration and urban development directed the civic officials of both Vijayawada and Guntur to complete the underground drainage works. When the officials gave details of the ongoing works, the Chief Minister advised them to reach public expectations by completing the works as early as possible.

The Chief Minister asked the CRDA officials to develop greenery on both sides of the national highway in CRDA limits at a stretch of 130 km and people should feel happy to witness the greenery while entering Amaravati capital region from both Gannavaram and Chilakaluripeta sides. He also directed the CRDA officials to beautify the canal bunds in Vijayawada city

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