Visakhapatnam Real Estate

Visakhapatnam well-known as Vizag is situated in Andhra Pradesh on the Eastern shore of India. This harbor city is almost immediately becoming an industrial center of the east coast of India. Visakhapatnam is a gorgeous and stunning city with royal hills, valleys and beautiful beaches beside the Bay of Bengal coastline.

The extensive real estate developments in Hyderabad, the city of nawabs is nearly on the edge of achievement. After that, the Visakhapatnam commonly called ‘The Jewel of the East Coast’. It is the home of the Eastern Naval Command of the Indian Navy and has been thus, the best port in the country. Vizag has figured its position as the upcoming IT hub of Andhra Pradesh after Hyderabad.

The high rising prices of real estate in Hyderabad and due to short of land for further growth moved the mind of realty developers to this city of Andhra Pradesh. Not only for the growth of technology sector but also for the variety of other projects by leading.

The declaration of property projects by Encore India and Tata Consultancy triggered a hike in real estate prices while encouraging the interests of property investors in Vizag real estate. VUDA has launched mega housing projects that would incorporate average and large sized apartments in collaboration with Singapore based promoters at a cost of Rs. 120 crores.

Building of personal houses and bungalows in the city are challenging with high rise apartments in Vizag. These elevated excellence residential developments are increasing the demand and of real estate in the city.

Mega Chemical Industrial Estate (MCIE), a mega chemical complex is also proposed in Vizag in collaboration with the Indian Institute of Chemical Technology, Hyderabad. Other residential constructions include a duplex homes project by Maurya Developers, Green Valley Township in Murali Nagar, an integrated township named Sunray Village by Sunray Properties, etc.

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