Your Search for an Investment Opportunity Converges at Bhavani Island, Vijayawada, Krishna, Andhra Pradesh India
Total Page:16
File Type:pdf, Size:1020Kb
INVESTMENT OPPORTUNITY AT BHAVANI ISLAND, KRISHNA DISTRICT YOUR SEARCH FOR AN INVESTMENT OPPORTUNITY CONVERGES AT BHAVANI ISLAND, VIJAYAWADA, KRISHNA, ANDHRA PRADESH INDIA In The Lap Of Nature, Bhavani Island THE LOCATION ACCESS TO THE SITE • Bhavani Island Project site is located at Vijayawada, Krishna of Andhra • The site is accessible via boats from Pradesh.. Berm Park in Vijayawada. • The Google Co-Ordinates are • Berm Park is accessible from NH 65 16.533267N, 80.562318 E • The site is on a riverine island on the river Krishna SITE FEATURES CONNECTIVITY • Extent of the project site is 25.41 Acres Vijayawada – 25 km • Landuse as per the Master plan is P2 zone of APCRDA. • The terrain is plain and sandy. Vijayawada – 6.5 km • The source of water is panchayat overhead tank and public Vijayawada – 5.1 km distribution system. • The site is free of all encumbrances. In The Lap Of Nature, Bhavani Island PROPOSED PROJECT LOCATION ON GOOGLE EARTH Proposed Site In The Lap Of Nature, Bhavani Island Proposed Site In The Lap Of Nature, Bhavani Island THE TOURISM POTENTIAL • This island in the backwaters of Prakasam barrage across the Krishna river has the biggest lagoon. • Average annual footfall of 5.74 Lakhs for the year 2018. • Enticing water sports is a major pull for tourists • Panoramic view of the city and other tourist destinations from the site more lucrative to the investors. • Near by tourist attractions include ▪ Kanakadurga Temple ▪ Dhayana Buddha Statue ▪ Kondapalli Fort ▪ Undavalli Caves ▪ Chandavaram Buddhist Stupa ▪ Mangalgiri Lakshmi Narasimha Temple ▪ Manginapudi Beach ▪ Gundlakamma Reservoir ▪ Gandhi Hill USP: Pristine riverine island and tourist centric location are the vital forte In The Lap Of Nature, Bhavani Island TOURIST ATTRACTIONS Dhayanabuddha Statue Undavalli Caves Bhairavakona Waterfalls Chandavaram Buddhist Stupa Gandhi Hill Kolleru Lake Nagarajuna Sagar Dam Ethipothala Waterfalls Kanaka Durga Temple In The Lap Of Nature, Bhavani Island PROJECT COMPONENTS THE EXPECTED PROJECT • Wellness Resort PROJECT COST • Rs.50 crore for the wellness resort MODE OF ALLOTMENT PPP FORMAT • Allotment of hassle free land parcel • Initial lease period of 33 years with provision of extension • Nominal lease rent @ 2% of basic market value of land • Consortiums/JVs are permitted in bidding • Bidder selection based on quoted % revenue share (bid parameter) • Transparent, global bidding process • Holiday period for revenue share till commencement of commercial operations • Limited lock-in period of 7 years. In The Lap Of Nature, Bhavani Island In The Lap Of Nature, Bhavani Island.