Looking For Gated Community Flats in Vijayawada, Here is Your Search Ends!

1. Looking For Gated Community Flats in Vijayawada, Here is Your Search Ends! Grand Project Capitol

2. About Vijayawada : • Vijayawada is a city in the southeast Indian state of Andhra Pradesh. It's known for the ornate Kanaka Durga Temple, which sits a top a hill overlooking the city. • The Undavalli Caves feature ancient rock-cut temples, carved out of a sandstone hillside and adorned with elaborate statues. • Vijayawada is   the second largest City In the New Formed State Andhra Pradesh. It is located at 39 KM from the state Capital Amaravati. Vijayawada is also known as the Business Capita of Andhra Pradesh, it is a major trading and commercial hub. • The Average GDP of the city is around 12.6% which will go beyond 18% till 2025. Property price in Vijayawada have been significantly going up   in last two years.

3. News & Development Plans: • The Andhra Government said that the Proposed Metro Construction work will commence shortly, it will have two corridors which covers a distance of 35 km. • The estimate cost of the project is around 6700 Cr.  Amaravati Capital is to be linked by Corridors I while the other will connect Gannavaram Airport.  Corridor I will start at the Pandit Nehru Bus Terminal to Penamaluru, while Corridor II will also start at Pandit Nehru Bus Terminal to Nidamanuru. • Real estate sources said that once the Metro is functional, land and property prices will start rising, especially near the Terminal buildings. Land prices along NH 5 from Vijayawada to Gannavaram are likely to shoot up as the airport here has been earmarked to become international within three years.

5. Andhra Pradesh Signs MoU for Hyperloop Between Vijayawada and Amravati • Having junked the proposed metro project from Vijaywada, the Andhra Pradesh government on Wednesday joined hands with a US-based company to introduce the futuristic Hyperlooptransportation system in the state capital region, Amravati. • If everything goes well, this will be the first Hyperloop project to be implemented in India. • The concept of Hyperloop mode of transportation is notably backed by business magnate and inventor Elon Musk. Butit has not been implemented for practical use anywhere in the world yet. • The AP Economic Development Board (AP-EDB) and the US-based Hyperloop Transportation Technologies (HTT) signed the memorandum of understanding (MoU) in Amravati. But an official release on the MoU did not disclose the probable cost of the project.

6. Continue… • The project will be taken up in the public-private-partnership mode with the funding coming primarily from private investors, the release said. • Hyperloop envisages a 'tube modular transport system' that runs free of friction. It is still in trial stages in different countries. • Following his first interaction with HTT executives during the World Economic Forum in Switzerland in January, Chief Minister N Chandrababu Naidu held another round of talks with them at the Secretariat in Amravati recently.

7. Andhra Pradesh Studying Feasibility Of Setting Up Hyperloop Facility • India's first Hyperloop transportation facility is likely to be introduced in Andhra Pradesh, connecting Vijayawada with upcoming state capital Amaravati. • HTT chairman and co-founder BibopGresta and EDB CEO J Krishna Kishore signed the MoU. • Hyperloop is proposed to be introduced between the city centres of Vijayawada and Amaravati. It will supposedly cover the distance of over 35km only in five minutes. • Hyperloop, an idea originally floated by Tesla CEO and SpaceX Founder Elon Musk, involves a futuristic and technology-intensive transportation system that propels a pod-like vehicle through a near-vacuum tube at nearly 1,100 km per hour. • The Los Angeles-based company "Hyperloop One" announced a proposal in March last year to evaluate construction of five Hyperloop lines in India. The five proposed lines include Bengaluru to Chennai, Mumbai to Chennai via Bengaluru, Bengaluru to Thiruvananthapuram, Mumbai to Delhi and Mumbai to Kolkata. • If the Hyperloop line is completed, people can travel from Bengaluru to Chennai in 20 minutes. The 1,102 km Mumbai to Chennai via Bengaluru line will cover the distance in 50 minutes.

8. Continue… • Gresta claims that their technology is radically different from the existing ones. "Our system uses a combination of renewable energy to generate more electricity than it consumes. This ensures affordable cost of construction and maintenance. The capsule can move at a very high speed consuming very little energy, making the system highly efficient," he said. • Last year, the AP Economic Development Board (AP-EDB) and US-based Hyperloop Transportation Technologies (HTT) had signed an Mo). The government had announced that it will study the feasibility of the project. • "Once that is done and if the Chief Minister gives us the go-ahead, we will be ready to roll out the project," Gresta said. • He is confident that they can complete the project in four to five years. • He believes that Amaravati is the best place to launch the project as it is located on river front and has unique environment.

9. Other Highlights: • Vijayawada has all these: • Land – National highways 5 and 9, Inner and Outer ring roads. Bridges and flyovers connecting CRDA region (Vijayawada, Guntur, Tenali, Mangalagiri, Amaravathi). • Air –Gannavaram International airport • Water – Machilipatnam port and Buckingham canal development. • Road – One of the Biggest Bus station among Asia • Rail –Biggest Railway junction classified as A1 status. • By seeing all these we can conclude Amaravati is growing rapidly, since Investing in Gated Community Flats in Amaravathi location surely a true profitable investment.

10. TiE Amaravati to accelerate start-up ecosystem in Andhra Pradesh  • The Indus Entrepreneurs (TiE) will formally launch its Amaravati chapter and Angels Network on January 17 to help accelerate the growth of the start-up ecosystem in Andhra Pradesh. • The launch will take place in the presence of entrepreneurs, mentors, advisors and others. Information Technology Minister Nara Lokesh will preside over the formal launch, said a TiE statement.  • The inaugural event will be attended by JA Chowdary, Special Chief Secretary and IT Advisor to Chief Minister and charter members of TiE Amaravati.  • All educational institutions and start-ups in Andhra Pradesh have been invited to participate. "To enable the state of Andhra Pradesh to lead collective dream of a new India and for the development of Innovation, Entrepreneurship and Startup culture, we strongly felt the need for a TiE Chapter as well as an Angel Network," said Sateesh Andra, President TiE Amaravati. 

11. Continue… • "We sincerely believe that entrepreneurship and innovation are keys to achieving industrial development, job creation and GDP growth. With banks reining in all but the safest loans since the recession and venture capital firms now targeting less risky late-stage business startups, angel investors play a crucial role in backing young, fast-growth companies," said Suresh Chitturi, Board Member TiE Amaravati.  • The Board of TiE Amaravati comprises of Sridhar Krishnamoorthy, Purnima Kamble, Suresh Chitturi and Sateesh Andra. Alongside the Board, the founding members of TiE Amaravati include Srini Raju, Ramesh Byrapaneni, and JA Chowdary.  • TiE Amaravati also has their founding patrons in Srinivasa Farms, Gerdau Steel, and Pi Datacenters. A non-profit organisation founded in 1992 in the Silicon Valley, TiE currently has 61 chapters across 18 countries.  • The organisation's mission is to foster entrepreneurship globally through mentoring, networking, education, incubating, and funding. Since its birth, TiE's economic wealth creation is estimated at $200 billion.  Sources: economictimes.indiatimes.com

12. About Grand Project Capitol: • Introducing “Grand Project Capitol”, offers very Sophisticated Gated Community flats and apartments projects in Amaravathi and Guntur with world class amenities at enriched environment. Great Lifestyle Amenities surrounded by very good social infrastructure. The awesome real estate project “Grand Project Capitol” is developed by the collaborative effort of both M/S Kavuri Hills Developers and M/s Kesineni Developers. • The Kavuri Hills Developers Is headquartered near Madhapur, Hyderabad. Since 1963 It was established by Sri KavuriKutumba Rao. An 80-acre land purchased to develop into a residential layout adjacent to Jubilee Hills, on the way towards Hi-TEC City. The layout was developed in 1988 and Now that place popularly known as Kavuri Hills. From that time onwards Kavuri Hills Developers continuously progressing famous for Quality Conscious Builder. • Kesineni Developers was started to equip the end user or the client with quality residential projects with luxurious amenities. They are transforming their customers’ lives. They have emerged as a leading Real Estate and Construction company in Andhra Pradesh.