Knight Frank LLP, who is an independent global property consultancy, studied about the capital of Andhra Pradesh Capital, Amaravati and predicted that, it is going to be a Power Center of the country.

The report says that, the strategic location of Amaravati and the proposed infrastructure development are set to make it a world class centre.

Huge Investment proposals from domestic and international corporates, will help in the boost of the real estate, said the report. The proposed Greenfield capital had already generated unprecedented interest in the surrounding areas and the two urban centres Vijayawada and Guntur would be the biggest gainers of this interest, and would benefit the most from the new capital.

The complete and detailed report can be read here: http://content.knightfrank.com/research/1004/documents/en/power-cities-3974.pdf

The state government has signed a Joint Venture agreement for incorporation of a company called 'Godavari Gas'. Godavari Gas will be a joint venture between the government of Andhra Pradesh, GAIL and HCL with government and GAIL holding 74 per cent equity and HPCL26 per cent equity.

The company will lay the city gas pipeline in districts of East and West Godavari benefiting domestic consumers, commercial users, industries and transport sectors and is expected to give a huge fillip to the industries in the two districts. The Chief Minister directed the company to expand the city gas distribution to other districts of Andhra Pradesh.

The government of Andhra Pradesh signed an MoU with G&C Global Consortium to set up an Integrated Mega Tourism Infrastructure Development Project.

The company, in joint venture with Jayanath Agri Farms, will set up the project in an extent of 48.57 acres located on the River front of Krishna River and Paleru Rivers, strategically located at the confluence of both these rivers at Mukthyala village, near Jaggayyapeta in Krishna district.

The total cost of the project is Rs.218,00crores.

The project is integrated with a world class "mixed-use infrastructure" that is spread across 310 acres.

This project on the banks of both the rivers with panoramic scenic beauty and exotic serene environment, most ideally named as Alakananda Riverfront.

This project is said to create direct and indirect jobs to more than 10,000 people.

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Here is the video on Transforming Vijayawada. Around thousand volunteers are transforming the ugly walls of the city, with nice Arts.

To make the Vijayawada attractive and a poster and wall writing free city, the Vijayawada Municipal Corporation launched the ‘Transforming Vijayawada’ campaign collaborating with local NGOs, colleges and individuals.

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