News

New urban development authority created by Andhra Pradesh

The new urban development authority will now include 97 villages and 10 revenue mandals scattered over a large area of 640-sq km from Kurada Village in Visakhapatnam district to Vakalapudi in the East Godavari.

The government of Andhra Pradesh in Amravati has constituted the new urban development authority by replacing the VK-PCPIR Special Development Authority established back in the year 2008 with VK-PCPIR UDA (Visakhapatnam-Kakinada Petroleum, Chemicals and Petrochemicals Investment Region Urban Development Authority).

On Friday, the Department of Municipal Administration and Urban Development under the new VK- PCPIR issued a notice regarding removing 82 villages and seven revenue manuals from the Visakhapatnam Metropolitan Region Development Authority and bringing them under the new VK-PCPIR UDA.

The new urban development authority will now include 97 villages and 10 revenue mandals scattered over a large area of 640-sq km from Kurada Village in Visakhapatnam district to Vakalapudi in the East Godavari.

The ruling YSR Congress activist Chokkakula Lakshmi has been appointed as the Chairperson of VK-PCPIR UDA while the VMRDA Commissioner will be the whole time Chief Executive Officer. The chairperson will have a two-year tenure, according to the notification. It will consist of other ten official members, including the collectors of East Godavari districts and Visakhapatnam.

The AP government in 2020, sought to revive the Visakhapatnam-Kakinada PCPIR project, first conceived way back in the year 2007, and lined up two big-ticket projects as anchor tenants at Kakinada with an aggregate investment of over 15.72 billion USD.

Infrastructure and Investment Department, the AP Industry to develop industrial clusters, expressway, residential township, and knowledge hubs, and transport network as part of the grandiose project had drawn up the VK-PCPIR Master Plan-2031. The main target of the government is to make the state the largest petrochemical hub of the country by attracting investment to the tune of Rs Two lakh crore.

Over the years the project was presumed to generate a massive 12 lakh jobs (direct and indirect). But official sources say there has not been any improvement in the project so far despite the driving strategies.

Muskan Aggarwal

Share
Published by
Muskan Aggarwal

Recent Posts

Why Tier-2 and Tier-3 Cities are the Future of Indian Real Estate

India’s real estate market is undergoing a profound transformation, with Tier-2 and Tier-3 cities emerging…

3 days ago

A Thriving Year for Residential Real Estate, but Affordable Housing Challenges May Continue in 2025

Developers anticipate the strong momentum in premium and luxury housing to carry forward into 2025,…

5 days ago

Minimalist Interior Design Tips for a Classy Home

Minimalist interior design has become a global trend, celebrated for its simplicity, elegance, and functionality.…

1 week ago

How Technology is Revolutionizing Real Estate in India

The real estate sector in India, traditionally known for its slow-paced processes and manual operations,…

1 week ago

Fractional Ownership in Real Estate: Democratizing Property Investment

The real estate sector, traditionally a playground for high-net-worth individuals, is undergoing a transformation with…

2 weeks ago

The Yamuna Expressway Authority has received 1.12 lakh applications for 451 plots located near the Noida Airport.

Real estate experts highlighted that the strong response reflects the growing residential demand in the…

3 weeks ago

This website uses cookies.