Andhra Pradesh Industrial Infrastructure Corporation Limited is planning two phase Signature Tower on the sea-facing Rushikonda hills in the Madhurawada IT Special Economic Zone, Visakhapatnam on 17.98 acres of land. American property firm Jones Long LaSalle (LSS) has been appointed as a project consultant. For construction of the tower as part of the first phase, an investment of Rs.290 crore is envisaged in the Public Private Partnership mode. Private investor or consortium will take up the project under Design, Build, Operate, and Transfer basis.
Extracted from The Hindu Aug 25,’15