Velampeta slum in Vizag set for redevelopment as AP Cabinet approves new rehabilitation modelAmaravati: The Andhra Pradesh Cabinet has approved the redevelopment of the Velampeta slum in Visakhapatnam, paving the way for a new model of slum rehabilitation that the government intends to replicate across the state. The project, to be implemented by the Greater Visakhapatnam Municipal Corporation (GVMC), will redevelop the Velampeta slum in Zone-IV, Ward No. Velampeta Project to serve as pilotThe government has directed GVMC to implement the Velampeta redevelopment in a time-bound manner and use it as a pilot project for future slum redevelopment initiatives in Visakhapatnam. Statewide policy on slum redevelopment plannedIn a parallel move, the State Government has directed the Commissioner and Director of Municipal Administration to prepare a comprehensive policy on slum redevelopment and middle-class housing in consultation with relevant departments. The proposed policy is expected to focus on leveraging urban land value, private sector participation and redevelopment incentives to improve housing conditions in congested urban areas.