HYDERABAD: Andhra Pradesh will have a "riverfront" capital on the south side of river Krishna as the State Government ended months of suspense and speculation today by announcing that 17 villages in the existing Guntur district will be developed into a new capital city.The villages, however, will not be disturbed and the capital city will be built in six sectors of 5,000 acres each, according to members of the State Capital Advisory Committee It's for the first time the TDP-led Government has come out with a clear location of the new capital as it has so far been saying it would come up in the Vijayawada region.The 17 villages, of course, are within a 30-km periphery of Vijayawada, though on the other side of river Krishna in neighbouring Guntur district.The villages that will form part of the new capital are: Neerukonda, Kuragallu and Nidamarru in Mangalagiri mandal; Borupalem, Tulluru, Nelapadu, Nekkallu, Sakamuru, Mandadam, Malkapuram, Velagapudi, Mudalingayapalem, Uddandarayapalem, Lingayapalem, Rayapudi, Apparajupalem and Dondapadu in Tulluru mandal.Name of the new capital would be decided after the land pooling process was completed, the panel members said.The existing Vijayawada-Guntur-Tenali-Mangalagiri Urban Development Authority would be disbanded and replaced by a Capital Region Development Authority.The Government estimated that it would cost Rs 75 lakh to Rs one crore to develop each acre of land, they said.The Committee met here this evening under chairmanship of Municipal Administration Minister P Narayana and discussed the capital development and pooling of land required."We have decided to procure 30,000 acres of land under the pooling system for the new capital. This process will be completed in three months and the pooled land will be developed in the next nine months."Each land owner will be given 1,000 sq yards of developed land for every acre he parts with. Besides, Rs 25,000 per acre per annum will also be paid to them to compensate the loss of crops for the next ten years, with a 5 per cent hike every year," the panel members told a press conference at the end of their meeting.In all, the Government has identified 21,000 land owners in the 17 villages earmarked for the capital. They would be given developed land through draw of lots in the sector close to their existing village, Committee member Pattipati Pulla Rao said.