Archive · 25 Oct 2025
RBI to Construct Regional Office in Amaravati
The Reserve Bank of India (RBI) is building a new office in Amaravati, a city in India.
They bought land from the government for this purpose.
The new office will be built on a large piece of land and will cost a lot of money to build and operate.
This is a big step for the RBI as it expands its work in Amaravati.
The RBI will invest a large sum of money in the city for its operational activities.
The agreement for the construction was finalized recently.
RBI will construct a regional office in Amaravati.
The land for the office was purchased from the state government.
An agreement was made between RBI and APCRDA.
RBI plans to invest over Rs.200 crore in Amaravati.
The regional office will cover approximately 1.6 lakh square feet.
- Who
- Reserve Bank of India (RBI)
- What
- Is constructing a regional office.
- When
- Agreed on Friday
- Where
- Amaravati, Andhra Pradesh
- Why
- To expand operations
- Location
- Nelapadu village, Amaravati
- Land Area
- 3 acres
- Land Cost
- Rs. 12 crore
- Operational Investment
- Over Rs. 200 crore
- Building Size
- Approximately 1.6 lakh square feet