Saturday, November 4, 2017
The State government allotted 651 acres for the establishment of six greenfield private universities in four districts.
The universities that were allotted land are Amity University in Amaravati and Visakhapatnam -90 acres, Centurion University in Vizianagaram -125 acres, Veltech University at Kalahasti in Chittoor -50 acres, saveetha Amaravati University in Amaravati -166 university, World Peace University in Visakhapatnam -70 acres and Accord University in Visakhapatnam -150 acres.
The decision of allotment of land is to attract investments from private in higher education. The Higher Education Department had developed a land policy in consultation with the Law, Revenue and Finance departments. The allotment is done at the rate of 110 square feet per student for academic and admission, 90 square feet per student for hostel accommodation and floor area ratio of 1:2 as per a formula arrived at by the said committee as per the market value to be determined by the District Collector concerned.