The Andhra Pradesh Capital Region Development Authority (AP CRDA) has chalked out plans to mop up around ₹300 crore through the sale of plots at Amaravati township at Nowluru and Mangalagiri villages in Guntur district.
The CRDA proposes to sell the plots via e-auction scheduled to be conducted on May 31. The plots at the Amaravati layout would be sold in a phased manner to raise funds for meeting financial requirements for constructing the infrastructural facilities in the Capital Amaravati area.
Disclosing these details at a press conference on Wednesday, CRDA Commissioner Vivek Yadav said the upset price was fixed at ₹17,800 per square yard (sq. yd). In lot-1 comprising of 29 plots would be auctioned. These 29 plots, include 200 sq. yd, and six 1,000 sq. yd plots. The last date for registration to participate in e-auction is May 27. The applications can be submitted online, http://konugolu.ap.gov.in portal.
