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Capital shock for IT companies

Other moves such as decided to decentralise the capital and make Visakhapatnam the executive capital have now left the IT hub created in the millennium towers in the city facing uncertainty.

The so-called millennium towers were built by the Naidu government with a built-up space of 2 lakh sq ft by incurring a cost of Rs 145 crore to house plug-and-play offices for start-up companies. But the YSR Congress government has decided to set up the Chief Minister’s Office (CMO) and secretariat in the millennium towers as part of the decision to have decentralised capitals. IT companies are reportedly under pressure to vacate the premises.

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The YSR Congress government also cancelled the allotment of over 14 acres of land to the UAE-based Lulu Group, citing procedural flaws. Naidu had roped in the group, offering land at a price of Rs 4 lakh per acre to build an international convention centre, shopping mall and a five-star hotel by investing Rs 22,000 crore in Visakhapatnam. Stung by the Jagan government’s decision, Lulu Group director Ananth Ram stated that the group had decided to back out from its plans to invest in the state. “We aimed to provide global exposure to Visakhapatnam as a convention and shopping hub. But we are changing our plans,” he added.

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Hahaha... 

Bhayya chevi lo puvvu kaadhu bhayya.. Andhari chevullo MOGGA ettaadu... Maamulu MOGGA kaadhu vote vesina prathi okkari ki ettadu.. Sammanga undhi... 

Maa distant cousin govt employee.. Cbn ekkuva work ichaadani vote veyyaledhu.. Last week call chesthey GOVT MOGGA GUDIPISTHONDHI CORONA tho ani thega edupu. M raavali jagan kaavali jaagan annav kadha.. Poyyi ekkadaina dhooku ani cheppanu... Adhi state situation

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7 minutes ago, migilindhi151 said:

Hahaha... 

Bhayya chevi lo puvvu kaadhu bhayya.. Andhari chevullo MOGGA ettaadu... Maamulu MOGGA kaadhu vote vesina prathi okkari ki ettadu.. Sammanga undhi... 

Maa distant cousin govt employee.. Cbn ekkuva work ichaadani vote veyyaledhu.. Last week call chesthey GOVT MOGGA GUDIPISTHONDHI CORONA tho ani thega edupu. M raavali jagan kaavali jaagan annav kadha.. Poyyi ekkadaina dhooku ani cheppanu... Adhi state situation

public happy with jaggu ruling

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