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Each acre will be given at a concessional rate of 3 Crore. In the administrative city, there will be three hotels of each class. Tenders were floated for interested parties. These hotels will be catering the needs of the huge tourist influx to the Capital City.
Chandrababu government is keen on creating the ecosystem needed to develop Amaravati as a World-Class city. The government is doing hand-holding initially to those investing in the Capital City. It is a model tried in Hyderabad as well in Chandrababu‘s previous regime.
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