Bheemunipatnam, Vizag

GVMC is planning to increase the number of municipal wards from 98 to 120 to improve grassroots public representation in the rapidly growing city. This administrative exercise will restructure existing large wards into smaller,units, particularly in areas like Bheemunipatnam, Madhurawada, Pendurthi, and Anakapalli.

The A.P. Township and Infrastructure Development Corporation (APTIDCO) will distribute approximately 3,600 houses built at a cost of ₹323 crore to eligible beneficiaries across Visakhapatnam district. This initiative aims to provide permanent housing security . Houses will be distributed in Bheemunipatnam, Pendurthi, and Gajuwaka assembly constituencies.

Visakhapatnam is experiencing a surge in vertical housing projects due to land scarcity and evolving customer preferences. New Andhra Pradesh Building Rules have raised the threshold for high-rise classification, allowing developers to build taller mid-rise project. Several new residential projects have been launched, including VK Aurora in Madhurawada and Utkarsha Pearl in Bheemunipatnam.

The 11th CREDAI Property Expo in Visakhapatnam attracted over 14,000 visitors & Rs 100 crore in business enquiries. GVMC Commissioner Ketan Garg attributed the rapid growth in Visakhapatnam's real estate sector to recent amendments in building rules aimed at fostering sustainable and investor-friendly development. VK Aurora in Madhurawada and Utkarsha Pearl in Bheemunipatnam have launched new residential projects.