News

CBRE South Asia wins consultancy mandate for ‘Concept City’ at Anantapuram

P Manoj Mumbai | Updated on August 07, 2020 Published on August 07, 2020

CBRE South Asia Private Limited has won a mandate from the Andhra Pradesh government to draft a conceptual plan, feasibility report, business strategy, financial model and implementation structure for development of a ‘Concept City’ at Anantapuram.

CBRE South Asia emerged as the top scorer on technical and financial matrixes in a tender issued by the State government to hire a consultant for development of the Concept City at Anantapuram, an official said.

The State government has also sanctioned ₹84,85,860 to take up the work.

The government of Andhra Pradesh is ushering in a new development paradigm in the State by envisaging a state-of-the art integrated mixed-use development model called ‘Concept Cities’.

The government announced the launch of a Concept City in Anantapur, Tirupati and Visakhapatnam with a vision to develop the Concept Cities as first of its kind model and modern city with state-of-the-art world class amenities and facilities with ‘walk-to-work’ concept and self-sustaining model, which is not only unique but also futuristic in nature to address the future next-gen lifestyle and business needs. As part of the plan, it was proposed to develop the Concept City at Anantapuram, the official added.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on August 07, 2020
This article is closed for comments.
Please Email the Editor