Andhra Pradesh government has planned to build 20 walk-to-work-in-10-minutes townships in the vicinity of Vizag-Chennai and Bangalore-Chennai industrial corridors. Under this plan, there will about two lakh housing units to be constructed in categories such as economically weaker sections (EWS), low income groups (LIG), middle income groups (MIG) and high-income groups (HIG).
As of now, the state government is thinking to develop five townships in Public Private Partnership (PPP) mode. In fact, the Municipal Administration and Urban Development (MAUD) department has already issued a government order in the beginning of this year to provide economic township projects with residential, commercial and institutional buildings over 265 acres of land in Jakkampudi village.
The township will be based on the model of Singapore’s walk-to-work town Chau Chu Kang, called as CCK City. It will be called a city in itself with all the facilities such as hospitals, schools and malls. In this village, there will be an addition of 400 acres of land to establish around 2,000 industrial units which will create more 18,000 jobs in IT, electronics and many other departments.
On the other hand, Visakhapatnam South Township and North Township projects will be set up over 388 acres with 24,000 units over nine floors and 300 acres with 75,000 residential units.
“One important feature of this township will be location of a cancer research institute. It will be constructed by private players. Many private players are interested in setting up this township,” says AP Government Official.
Furthermore, the state government has received proposals of interest from 16 private builders to take the charge of township projects in Vijayawada, Rajahmundry, Guntur, Kurnool and Visakhapatnam. It will soon approach to Jurong and Surbana, a Singapore-based consultant, to prepare the blueprints.
Source: ET Realty