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Vizag to host major IT companies shortly

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Visakhapatnam is the quick rising tier III cities of India and it is said to be the coming IT destination in the state of AP. Accessibility of experienced labor, infrastructure and moderately gainful realty in the city has turned Visakhapatnam as the rising IT/ITes centre after Hyderabad. It is likely to be one of the coming growth drivers from 10 years, as per to JLLM. JLLM is realty services caterer in India and the firm services international investors, corporate and local customers. JJLM statement on Visakhapatnam points out the burly investments in the segments in the city and the total Grade A office space in the city is around 150,000 Sq.ft with present rentals from Rs. 20-25 per Sq.ft per month. There are three IT/ITes and a biotech SEZ. At present, city does not have ready malls, but there are 6 malls under construction estimated to be ready by 2010. Out of these, 3 malls covering area of 400,000 Sq.ft will be ready in coming 1 or 2 years.
Claimed source to www.propertykhazana.com says that the city is also observing the quick growth in the housing segment and huge housing ventures is constructed in new localities like Madhurawada and Rishikonda on the periphery of Vizag, also KSR-Jurong Sunny Isles with 54 villas and an integrated township venture with villas and flats in Yendana. Hyderabad based Maytas Ventures and IVR Prime is developing housing ventures in Madhurawada and Veduruvada. With positive measures by the Govt. and in general, JJLM said, city is giving forceful investment chances to IT/ITes conglomerates. Also, owing to the development of Greenfield International Airport and new Seaport at Gangavaram, Vishakhapatnam is expecting to have a proportionate economic activity.
As per to the source saying at the www.propertykhazana.com Andhra Pradesh Govt. has planned to develop Greenfield Airport in Rayavaram, around 60 Km from Vishakhapatnam and the city authorities have also proposed a BRTS which is likely to be ready by 2009. Vizag has a population of 1.45 Million with a decadal growth price of 37%. It has a property area of 1,721 Sq.Km under the control of VUDA.

Property Listings

Apartments, Flats and Property for Sale in Visakhapatnam

Nov 06, 2013
2 BHK FLAT FOR SALE AT T S N COLONY VISAKHAPATNAM 4 Yrs Old 2 Bhk Flat for Sale At T S N colony, near Errukumabba temple back side road. G.floor,..
Jun 26, 2013
Brand new flat for sale at mvp colony vizag, new 2 bhk flat for sale at mvp colony, 1250 sft, east facing, 4th floor, vastu, lift, car parking,..
Jun 07, 2013
Brand new flats for sale yendada, visakhapatnam, 2 bhk flat at yendada to geetham college road, 1.5 km from nh5, 850 sft, north facing, south..
Jun 04, 2013
Brand new 3 bhk flat for sale dasapalla hills, brand new 3 bhk flat for sale at dasapalla hills, near jaganadh swamy temple, sea view, 1475 sft,..
May 27, 2013
Madhava enclave only two 2bhk 985 sft - 1st and 2nd floor flat left, only one 3bhk 1445 sft - 3rd floor flat left, with all amenities nearby to..
Apr 15, 2013
Commercial property for sale at gurudwarcommercial property for sale at near gurudwar, 4th town police station opp. 2 bit from nh.5, total 1100..
Apr 15, 2013
2 bhk flat for sale at madhavadhara,9 yrs old 2 bhk flat for sale at madhavadhara, water tank road, near tdp office. 2 bhk, east facing, 1050 sft,..
Apr 02, 2013
2 bhk flat brand new flat for sale visalakshinagar,brand new flat for sale visalakshinagar, 2 bhk, 1050 sft, 2nd floor, s,f, car parking, lift,..
Mar 29, 2013
2 bhk flat for sale at akkayyapalem, brand new, 2 bhk flat for sale at akkayyapalem, sangam office, 1150 sft, north facing, 4th floor, vertified..

Apartments, Flats and Property for Rent in Visakhapatnam