metro india news  I amaravati

In a significant step towards reviving the long-stalled Amaravati Iconic Towers project, experts from IIT Madras are set to conduct a fresh inspection of the site before construction resumes. This comes as the Capital Region Development Authority (CRDA) gears up to invite fresh tenders worth Rs.4,687 crore within the next ten days, ending a five-year hiatus on the project.

The Amaravati Iconic Towers were envisioned as a key part of the grand capital city project proposed under the previous tenure of Chief Minister N. Chandrababu Naidu. Designed to be a landmark symbolizing Andhra Pradesh’s growth and modern infrastructure, the towers were planned as a high-rise commercial and residential complex featuring state-of-the-art facilities.

However, after a change in government in 2019, the YSR Congress Party (YSRCP), led by then Chief Minister Y.S. Jagan Mohan Reddy, halted multiple Amaravati projects, including the Iconic Towers. The government shifted its focus towards a three-capital plan, proposing Visakhapatnam as the executive capital, which led to prolonged legal battles and financial roadblocks, leaving Amaravati’s development in limbo.

With the TDP-Jana Sena-BJP alliance returning to power, the CRDA is now actively working on restarting Amaravati’s construction. Before reissuing tenders, officials have sought IIT Madras’ expertise to reassess the feasibility of the Iconic Towers, ensuring that the five-year delay has not caused significant structural or environmental concerns. The experts will review the site conditions, previous designs, and soil stability before giving a final nod for construction.

Once IIT Madras submits its report, CRDA plans to issue fresh tenders worth Rs.4,687 crore within ten days to resume construction. The project will be restructured with possible design upgrades and revised timelines to align with the current market conditions and government priorities.

The Amaravati Iconic Towers project was originally part of the ambitious ‘People’s Capital’ vision aimed at making Amaravati a world-class city. Several international firms had expressed interest in investing in the capital’s development. However, after 2019, work on over 20,000 apartments, government office buildings, and other key infrastructure projects was either stalled or abandoned, leading to financial losses and concerns among investors.

The revival of this project is expected to boost real estate, commercial investments, and employment opportunities in Amaravati. With the new government committed to Amaravati’s development, the restart of the Iconic Towers project marks a crucial step in restoring investor confidence and accelerating the region’s growth.