The News Minute | March 24, 2015 | 12:25 pm ISTAndhra Pradesh chief minister N Chandrababu Naidu has reportedly zeroed in on Amaravathi as the name for the proposed capital of the state. A government order is also expected to be issued after a formal announcement by the chief minister.Around 32km away from the core capital area, Amaravathi has a lot of historical value as it was a major Buddhist centre 2,000 years ago.The TDP government has already acquired 33,000 acres from farmers of 26 villages to build the core capital on the banks of river Krishna. Reports suggest that the foundation stone for the capital would be laid on June 12 this year.The master plan for the capital city is being prepared by Singapore-based firms and work is likely to began at the second half of 2015.Amaravathi and surrounding areas had also served as the capital of the Satavahana Empire who built great stupas in the Krishna River Valley, including the stupa at Amaravathi. TweetFollow @thenewsminute