Huge demand for Space booking in Amaravathi!

Amaravathi, the upcoming capital of Andhra Pradesh is attracting the attention of public and private sector entities. There is a huge flood of requests to the government for land allocation in the capital coming up near Tullur in Guntur district.

The National Bank for Agriculture and Rural Development (Nabard) had already reorganized itself into two regional offices and is working on shifting it regional head office to Andhra Pradesh in the next one year. The State Bank of India, which has over 900 branches in Andhra Pradesh already put up a similar request.

More than a dozen central institutions such as Reserve Bank of India are in the process of finding a place for themselves in the new capital. Private banks already bought lands and started operations here. Andhra Pradesh government is expected to take these requests only after the Master Plan is finalized.