Vizag or Visakhapatnam is a well-known city in Andhra Pradesh and is a largest metropolitan city. It is selected under Smart Cities Mission and is one of the four smart cities. It is well known for the multiple shipyards and some popular visiting places like beaches,museums and temples. Vizag city is also known for Submarine museum. This city has potential for real estate market as it is developed smart city and its strategic location.Cities like Rajahmundry, Kakinada, Araku are surrounded toVizag.
Connectivity in Vizag
Visakhapatnam has connectivity with bus stand and can reach within 35 mins. Also, the railway station is accessible within a 29 min drive. It is connected to the national highways like NH-16, NH -516 D and state highways like SH 38 and SH 39. It is also connected to Visakhapatnam International airport and can be reached within 20 min drive.
Commercial Hubs in Vizag
Visakhapatnam Steel Plant, Visakhapatnam Port, Madhurawada IT SEZ, Gajuwaka Industrial Hub are some of the commercial hubs in and near Visakhapatnam.
Employment Hubs in Vizag
Madhurawada IT Hub is connected to Vizag and it includes companies like Wipro, Cognizant & Tech Mahindra, HPCL, Vizag Steel plant in Gajuwaka Industrial Hub are some of the employment hubs near Visakhapatnam.
Educational Institutions in Vizag
Sasi Educational Institutions, Vignan Institute of Information Technology, MRS.AVN College, Gandhi Institute of Technology, Andhra University, Indian Maritime University, MVR Degree College are some of the educational institutions near Visakhapatnam.
Health Care in Vizag
Apollo Hospitals, Care Hospitals, Akshaya Hospitals, Medicover Hospitals, Andhra Hospitals, Ayushman Hospitals, Geetham Hospitals, KIMS ICON Hospitals, Rise Hospitals are some of the hospitals providing best health care services.
Future Developments in Vizag
Narendra Modi laid the foundation stone for NTPC Green Energy Limited Green Hydrogen Hub in Visakhapatnam on January 8. Also, he laid foundatin stone for the South Coast Railway’s headquarters in Visakhapatnam. Also, laid the foundation stone for Bulk Drug Park at Nakkapalli in Anakapalli district.
The announcement and foundation stone of NTPC Green Energy Limited Green Hydrogen Hub at Pudimadaka was done on January 8. This project has a budget of Rs.1,85,000 crore and the investment includes 20 gigawattGW) renewable energy capacities, making it India’s largest green hydrogen production facility.
The South Coast Railway’s headquarters in Visakhapatnam and inaugurated a number of other railway and road projects as well. The aim of this project is to reduce congestion, improve connectivity and spur regional economic growth.
The Bulk Drug Park at Nakkapalli in Anakapalli district lies close to the Visakhapatnam-Chennai Industrial Corridor and Visakhapatnam-Kakinada Petroleum, Chemical and Petrochemical Investment region. These projects will create thousands of jobs and help speed up economic growth in the region.
The perspective of checking all the above parameters is to ensure ease of living. The Ministry of Housing and Urban Affairs states that Ease of Living forms a structure giving an idea of the localities with a set of 3 pillars called Quality of Life, Economic Ability and Sustainability. Quality Of Life means facilities like Education, Health, Housing, Wash and Solid Waste Management, Transportation and Safety and Security in the locality. Economic Ability means the Level of Development and Economic Opportunities in that locality. Sustainability means Environment, Green Spaces and Building, Energy Consumption and City Resilience(the capability of the city in disaster prevention to protect the population) in the locality.
Visakhapatnam can be said as the best place for investment in real estate as it is strategically located. This city has good connectivity to all prime locations and will have better future development in all sectors. Also, these developments give the best employment opportunities in future. All the commercial hubs in this city makes it a best metropolitan city in Andhra Pradesh.
