Amaravati City: Chief Minister Reached Out To Investors?

The Golden days are back for the proposed capital city of Amaravati with a change in power in Andhra Pradesh

Update: 2024-06-27 13:52 GMT

The Golden days are back for the proposed capital city of Amaravati with a change in power in Andhra Pradesh. The alliance is in power. As Amaravati is the brainchild of the TDP its boss Chandrababu Naidu is putting a good focus on this. Farmers who gave their lands to the capital city are happy with this.

The political observers say that the investors are showing interest in Amaravati again. Investors in and around the country are also looking at the capital city to come with the investments.

As per the information that is coming, Chandrababu Naidu is reaching out to investors in Karnataka. He met Century Real Estate Holdings Pvt Ltd Executive Director Ashwin Pai and MD Ravindra Pai.

Chandrababu Naidu is busy meeting the investors and bigshots in other states to boost the Amaravati idea. On his way back he had a brief stop at the Bengaluru Airport and met the two executives.

As part of the brief conversation, the Chief Minister asked the two to come to Amaravati with their investments. They are said to have given a positive response. If everything goes well we might see the company landing in Amaravati.

Earlier reports said that Australian entrepreneurs are showing interest in coming to Amaravati to make investments to be a part of developing the city. In a shot in the arm efforts, CBN reached out to investors in Karnataka. The Real Estate firm is one of the key firms in the state and we have to see what the company can decide.

Investments are the need of the hour for Amaravati and the state. It looks like the new Chief Minister is not leaving any stone unturned in this. Let us wait and see what the government can do with this.

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