Alakananda RiverFront

A Rare 300 Acre Integrated Township on the Banks of Krishna River (CRDA/DTCP Approved Villa Plots)

Work in progressing at full speed and what you see above just 1/3rd of the entire project.

Alakananda is our flagship development in Andhra Pradesh and is designed to become not just the Best Ever of Andhra Pradesh but also the best ever & equally important for residents of Telangana as well, due to its unique features and a once-in-a lifetime location.

In CRDA Limits & approved by CRDA / DTCP

Alakananda falls under the jurisdiction of CRDA (Capital Region Development Authority of AP) – the apex body that regulates housing projects around Vijayawada & Amaravati – and is approved by DTCP (Director of Town and Country Planning) of AP.

1st project in AP to be awarded IMTID special status

1st project in AP’s history to be conferred special status of “Integrated Mega Tourism & Infrastructure Development (IMTID)” project, approved directly by the Chief Minister of Andhra Pradesh, to promote tourism under various sectors such as wellness, spiritual, adventure, MICE, cultural, river based tourism and more.

MOU was signed by G&C with AP Govt at AP Sunrise Investors’ Global Summit organised by CII in January 2017 at Vizag.

Govt of AP (Official announcement)

Times of India (News Coverage of this MoU)
The Hindu (News Coverage of this MoU)

Gateway to Amarvati

Inland Waterway Passenger & Cargo Cruise Terminal being constructed right next to Alakananda + Krishna Dredging Project

The Inland Waterways Authority of India (IWAI) has awarded contracts & work has begun on dredging the 80 kms segment of Krishna river between Muktyala & Amaravati (part of National Waterway 4) to facilitate transportation of construction material for Amaravati, from Muktyala – a major hub for construction materials.

This project includes construction of 3 permanent terminals + 4 floating jetties to facilitate movement of both passengers and cargo – and one such terminal and jetty is being built right next to our project – Alakananda.

This segment of the river from our project and right upto the Prakasham barrage at Vijayawada will be developed to Class-III navigation standards to accommodate 1000 tonne vessels – each of which can carry the equivalent of 30 lorries of transport capacitythus tremendously cutting down road traffic + transportation cost & time by over 50%.

Besides serving the construction purposes, this waterway will eventually become a commercial route for shipping industry + also attract tourists / promote tourism once the government introduces cruise ships to pilgrim centres like Durga temple, Ibrahimpatnam, Vedadri and Muktyala.

Once works are completed by end of 2018, this segment will hold water 365 days a year, which means you will enjoy the best ever riverfront ambient lifestyle forever, throughout all seasons of the year.

Therefore with the combined advantage of being the starting point for this waterway as well as access to the bridge network over Krishna river, this region (Muktyala / Jaggayyapeta) will become the gateway to Amaravati.

Aerial Shot of Alakananda (on the right) surrounded by rivers on 2 sides.

Riverfront Clubhouse & 3 km Frontage on the Krishna River

The centerpiece of Alakananda is a clubhouse overlooking the Krishna river, surrounded by a mini golf course and a 3 km riverfront boulevard & tank bund with luxurious facilities such as Riverfront Bar & Lounge, Riverfront Arcade with Food Carts, Infinity Pool & Bar overlooking the river, serviced hotel apartments, water sports, fishing decks & much more.

2000 Seater Convention Center with Guest Rooms

A 2000 seater convention center & banquet hall with guest rooms will host celebrations, destination weddings, corporate events, conventions and social initiatives round the year – but tucked away from residential areas to ensure a calm and peaceful ambiance for residents.

Sports & Adventure Academy

Alakananda will have dedicated sports facilities and unique adventure sports, including water sports which are not easy to access otherwise, making it a one of its kind destination for all sports enthusiasts, with resident staff and capability to host large scale tournaments. Some of the unique ones are archery, rock climbing, canoeing, water scooters, parasailing, etc. (subject to feasibility)

Senior Citizen Active Living (Riverfront)

Located right next to the world famous SGS Ashram (explained in the next point) and the Koti Lingala Temple (right next door) is the 1st of its kind in Andhra Pradesh – a senior citizen active living homes for people aged 55+, who would like to lead a relaxed life on the riverfront post retirement without having to bother with the routine matters of life.

World Famous SGS Ashram on Site

We have donated 2 very prime acres on the riverfront for construction of the world famous SGS Ashram by his holiness Sri Sri Ganapathi Sachchidananda Swamiji, considered one of the greatest spiritual leaders of the present day. He has declared this land “Datta Peetham” and laid the foundation stone during the Krishna Pushkaralu in August 2016 and construction has already begun.

50 Acres of Open Green Spaces on the Banks of the River

A massive lung space in the center of the township on the banks of Krishna river will host a range of amenities and spaces including a water park, a mini golf course, a medicinal plant garden with reflexology paths, etc and much more, creating a central social green space for residents.

Location Potential

Located on the banks of the Krishna River, ALAKANANDA boasts of a once in a lifetime location cradled by the Krishna and Paleru rivers on two sides and the famous SGS Ashram and Koti Lingala temples on another side.

With sweeping river views overlooking the historic Vedadri Temple and just 7 kms downstream from the famous Pulichintala Dam, you can expect to be in one of the best locations in the country.

Distance to Major Landmarks :
 – Amaravati : Just 30 minutes by boat (from our boat jetty) and 45 minutes by road to Amaravati through River bridge at Keesara / Kanchikacherla (work about to start)
 – 1 hour to Vijayawada
 – 3 hours to Hyderabad

Exotic Villa Plots & Residences

Alakananda offers villa plots ranging from 266 to 1000 square yards / 2400 to 9000 sft (1 Sq Yard = 9 Sq Feet), offering you the widest configurations in access, size, views, built up area (1800 to 7000 sft based on plot size), garden space and overall ambiance.

With underground cabling, wide sidewalks, avenue plantation and many more features, Alakananda sets the bar high for residential communities.

While you have flexibility in constructing in accordance with the local statutory regulations, Alakananda will have building codes in place to maintain the serenity and aesthetics of the community, to regulate the styles and colors in construction.

VILLAS – We can also assist you in construction of your villa based on your architect’s plan or our architects can also help in the design. The pricing is based on the specifications desired by you.

Pre Launch Offer
to G&C Patrons

All approvals / sanctions are received and after we finish a good amount of basic infrastructure work, we will launch this to public at Rs.8000 per Sq Yard or higher.

But right now, few plots are being offered at a special pre-public launch offer price of Rs.6950 per Sq. yard –  giving you a 15% advantage over public launch price within few months of investment.

At this price, a 300 Sq Yard villa plot is just Rs.20.85 lakhs ($31,200) and a 500 Sq Yard plot is just Rs.34.75 Lakhs ($51,800) – detailed table is shown below for all plot sizes.

You can also opt for a 6 months instalment scheme which makes it very affordable and easy on your cashflows.

With this, any Telugite can afford to buy this once-in-lifetime pride asset for their family as this CANNOT & WILL NOT be replicated ever again in the near future.

Yards100% Downpayment Rs.6950/Sq.yd6 Months Instalment Rs.7450/Sq.yd
100069.5 Lakhs12.4 Lakhs p.m.
80055.6 Lakhs9.3 Lakhs p.m.
50034.7 Lakhs6.2 Lakhs p.m.
40027.8 Lakhs4.9 Lakhs p.m.
30020.8 Lakhs3.7 Lakhs p.m.
26618.4 Lakhs3.3 Lakhs p.m.

+ PLUS GST as applicable as per recent govt norms.
+ North East Corner plots attract premium of Rs.1000/sq yard & other corner plots attract Rs.750/sq yard extra.
+ USD figures have been rounded-off for easy reading, final figures may vary slightly.

EXPECTED ROI : 100%+ in 3 to 4 Years

LIMITED UNITS under Pre-Launch
We have started accepting bookings and since plots are being allotted / sold on a daily basis and good ones tend to get sold out first, we highly recommend you come to a faster decision to block your unit in this once-in-a-lifetime project of Andhra & Telangana.

You need to pay a token amount of just Rs.3.3 to 12 lakhs to block your unit (depending on unit size under 6 months instalment scheme) and pay the balance over the next 5 months in equal instalments, making it highly affordable and easy on your pocket.

If you are going for 100% downpayment, you have to pay 20% to block your unit and the remaining within 30 days of booking and register upon 100% payment.

View the Dedicated Project WebsiteView the Dedicated Project Website

click on the link above to view complete project info including location map, masterplan, feature list, latest developments, other project info and contact details of our team members handling this project.

Click here to view photo album of site works in progress.

If you want to speak to our team members, please reach out to…

Jhashank Chowdary
+91 9900 123 737

Divyendhu Chowdary
+1 845 248 0012