AP Capital to cost 1.26 Lakh Crores!

The upcoming Capital city of Andhra Pradesh state is going to cost 1.26 Lakh Crore according to the early estimates being prepared by the government. The major chunk of money in this, 18000 Crore will go in to construction of roads in Tullur, Vijayawada and Guntur.

Drinking water 3000 Crore, Sewage Maintenance 3300 Crores, Development of river front 1186 Crore, Assembly & Council 2010 Crores, Raj Bhavan 390 Crores, High Court 587 Crores, Master planning 200 Crores, Secretariat 90 Crores, CRDA maintenance and other works 2000 Crores are some of the other expenses. Besides this there are also expenses of land pooling, yearly compensation to land losing farmers etc.

While these are still estimates, the state government is expected to prepare the detailed list once the Master plan for the capital is submitted and approved. According to the Andhra Pradesh Reorganization Act, Central government will have to bear the expenses of the construction of the state capital.