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Location Map of Prasanthinagar, Vizag
Recent & Future Developments

What's New in Prasanthinagar, Vizag

Live news feed — last updated 29 April 2026

29 Apr2026

Visakhapatnam Poised to Become India's Data Center Capital with Rs 6 Lakh Crore Investment

Visakhapatnam is set to become India's data center capital with an anticipated investment of Rs 6.32 lakh crore in data center projects. The Andhra Pradesh government plans to build a full-stack digital ecosystem, including local manufacturing of critical components. This initiative aims to shift focus from infrastructure to integrated tech manufacturing, potentially hosting more data centers than the entire country combined.

Source: The Times of India
29 Apr2026

VMRDA Plans 25,000 Middle-Income Housing Plots by 2026 in Visakhapatnam

Visakhapatnam Metropolitan Region Development Authority plans to develop approximately 25,000 housing plots for middle-income homebuyers by 2026. This initiative aims to expand affordable residential land availability and support structured urban growth. The project will be implemented alongside infrastructure upgrades, including road development and transport integration.

Source: The Times of India
29 Apr2026

Google Breaks Ground on Massive AI Hub in Visakhapatnam, Signaling Major Infrastructure Investment

Google has officially broken ground on its India AI hub in Visakhapatnam, marking the start of a significant data center and infrastructure buildout. The project, a collaboration with AdaniConneX and Nxtra by Airtel, includes three data center campuses with a combined capacity approaching one gigawatt. This initiative is part of Google's $15 billion investment plan in India

Source: The Times of India
02 Mar2026

Vizag Developers Express Concerns Over Complex RERA Process

Real estate developers in Visakhapatnam are reportedly hesitant to fully comply with the RERA Act due to its complex procedures and certain 'unrealistic' clauses. Issues include the difficulty in obtaining GVMC sanctions followed by RERA approval, the absence of a dedicated RERA office in the city, and clauses requiring a five-year guarantee for paint and electronic/electrical equipment.

Source: Realty Nxt
Explore Key Amenities & Commute

What's Around Prasanthinagar, Vizag

Schools, transit, healthcare and essentials within walking distance — plus quick travel-time estimates to Vizag's top business hubs.

map
Nearby Places
  • Ms Ramayya Shopping Mall
    Shopping Mall
    4.9 km
  • Varaha Lakshmi Narasimha Temple
    Temple
    7.3 km
  • Fairfield By Marriott
    Hotel
    8.9 km
  • Sri Chaitanya Techno School
    School
    8.9 km
  • Icon Krishi Hospitals
    Hospital
    11.9 km

Plan your Commute Travel time from Prasanthinagar, Vizag

Property Demand vs Supply

Where the Market is Moving

Real-time signals from buyer searches and active inventory in Prasanthinagar, Vizag.

  • Sale
By Budget
Demand
Supply
50 L - 2 Cr.
100%
0%
Trusted Developers

Top Builders in Prasanthinagar, Vizag

Neighborhood

Localities around Prasanthinagar, Vizag

Compare top neighbouring localities and discover micro-markets nearby.

Average Sale Price
₹ 3,900/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 3,950/sq. ft
Rental Yield
3.9%
Rental Yield
3.9%
Average Sale Price
₹ 4,650/sq. ft
Rental Yield
3.9%
7
New Projects
2
For Sale
Rental Yield
3.9%
6
New Projects
1
For Sale
Rental Yield
3.9%
1
New Projects
3
For Sale
Rental Yield
3.9%
2
New Projects
1
For Rent
Rental Yield
3.9%
1
New Projects
1
For Rent
Rental Yield
3.9%
1
New Projects
1
For Sale
Rental Yield
3.9%
1
For Sale
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