Amaravati Will Emerge as a Symbol of AP’s Aspirations and Capabilities: Narayana
Amaravati: Andhra Pradesh’s capital city Amaravati is being developed as a fully self-financed project with a long-term vision of the next 50 to 100 years, Municipal Administration and Urban Development Minister P. Narayana said, dismissing concerns over additional debt burden on the State.
Speaking on the capital city project, Mr. Narayana said Amaravati’s development model is based on land pooling, value capture financing and phased infrastructure creation, unlike conventional capitals that depend heavily on public funds. He said land value appreciation and future revenues would comfortably cover borrowings, with the Capital Region Development Authority generating income through permissions and development plans.
Highlighting the city’s planning, the Minister said Amaravati is a greenfield capital where roads, drainage, water supply and public buildings are being developed as per a master plan, ensuring cost optimisation and sustainability. He added that the extensive land bank created through the Land Pooling Scheme itself acts as a strong financial asset.
Mr. Narayana said infrastructure works had gained momentum after the formation of the NDA government, with trunk roads, flood mitigation, underground utilities and housing projects progressing rapidly. Iconic buildings such as the Secretariat and High Court are being developed in phases to ensure smooth execution.
On the second phase of the Land Pooling Scheme, he said projects such as an international airport and a world-class sports city were planned to boost global connectivity, tourism, employment and investment. Farmers, he said, would remain partners in development and receive developed plots of much higher value.
Emphasising sustainability, Mr. Narayana said Amaravati integrates green spaces, renewable energy, climate resilience and smart mobility into its design, positioning it as a future-ready capital.
Our Thoughts
Amaravati’s planned, self-financed model reflects Andhra Pradesh’s ambition to build a sustainable global capital that balances growth, farmer participation and long-term economic stability.