November 26, 2019 | Mayank | The Big Picture
Looking to develop high-value tourist destinations, Niti Aayog, the government’s think-tank, has prepared a ₹1,500 crore water and land villa project in the lagoons of Lakshadweep and the Andaman & Nicobar Islands.
Along with the villas, infrastructure would be developed, including the building of new airports, introduction of sea planes to these destinations and strengthening helicopter services as well as floating jetties to ensure smooth accessibility.
“Bids have been invited for the seven coveted projects, which will be developed on a priority basis in public-private partnership mode… The idea is to make India a major tourist destination,” an official told ET.
The Aayog has proposed building 125 rooms in water villas to be constructed on Minicoy island, Suheli island and Kadmat island of
It plans to construct 460 rooms in land villas on Long island, Aves island, Smith island and Shaheed Dweep island in Andaman & Nicobar.
“The model concession agreement has been finalised. We hope to kick-start work on these projects in the current financial year itself,” the official said. Investments in these projects, with concession periods varying from 50 to 75 years, are projected to fetch returns of 30-40%.
According to the official, the Aayog has already obtained environmental approvals for all the projects and expects to award the contracts by end of this year.
Home minister Amit Shah-led Island Development Authority is monitoring the progress on the project. The second phase of development will be across 17 more islands – 12 in Andaman & Nicobar and five in Lakshadweep.
The Aayog expects the projects to generate enough profit for the private sector and higher revenue for the government while creating jobs and additional income for the islanders.
Maldives-style water villas are soon coming to India and here’s where you can visit them
No one can disagree that the Maldives water villas are one of the most extraordinary hotels in the world. First established in Tahiti in the 1960s, these impressive overwater bungalows are predominant in the islands of the Maldives. Lucky for you, India is soon going to be the newest habitat to these rare structural species of hotels.
Reports have surfaced that Niti Aayog, the government’s policy think tank, has allocated a whopping Rs 1500 crore to build water as well as land villas on the Andaman and Nicobar Islands and the lagoons of Lakshadweep. The project does not just cover the development of these villas but also an infrastructural advancement in terms of constructing new airports, improving helicopter services and launching seaplanes, in order to make it all the more convenient and broaden accessibility for travellers.
The think tank has put forward a proposal to build 460 rooms in land villas on Long Island, Aves, Smith and Shaheed islands of the Andaman and Nicobar Islands. As for the Lakshadweep islands, 125 rooms in water villas are to be constructed on Minicoy, Suheli and Kadmat islands.
According to a report in The Hindu, the government is going to issue tenders for four projects- three in Andaman & Nicobar, and one in Lakshadweep- that private players can bid to build eco cottages. The report also said that the contracts are expected to be acquired by the end of this year as the environmental permissions have already been procured.
Now that you’re aware of this exciting new project, you better keep an eye on the developments and start planning for the ultimate island vacation as it’ll only be a matter of time before these luxurious overwater bungalows mounted on the aquamarine lagoons will be packed with tourists.