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HUDCO & CRDA has Signed Loan Agreement of Rs. 11000 Cr. for Construction of Andhra Pradesh Capital

New Delhi, 18 March 2025: HUDCO & CRDA seal a Rs. 11,000 Cr loan agreement for construction of the new State Capital for Andhra Pradesh. The agreement was signed in the presence of Chief Minister Shri N. Chandrababu Naidu, Govt. of Andhra Pradesh.

This milestone agreement paves the way for the Development of a World-Class Capital City. Shri Sanjay Kulshrestha, CMD HUDCO, Shri P Narayana, Hon’ble Minister of MA&UD and CRDA Govt. of Andhra Pradesh, senior officials of HUDCO and the state Govt. were also present on this occasion.

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