Revidi, Vizag

A World Bank team held discussions with GVMC officials to assess Visakhapatnam's development potential and infrastructure needs, including water supply, sewerage, sanitation, road infrastructure, mobility corridors, and housing. The assessment aims to identify priority interventions for the region's planned expansion.

GVMC has proposed the development of 47 new parks across Visakhapatnam,This initiative, with an estimated cost of Rs 22 crore, aims to increase green cover, improve public health, and reduce pollution by incorporating amenities such as walking tracks, open gyms, and rainwater harvesting pits.

AP Govt has approved the revised Visakhapatnam Metropolitan Region Development Authority (VMRDA) Master Plan-2041. This comprehensive plan guides land use, transportation, economic growth, and infrastructure development, including proposals for a coastal corridor, Bay City project, Bhogapuram International Airport, and Aerocity.

The Andhra Pradesh Government has allocated an additional 25 acres to Sify Infinit Spaces for the second phase of its 500 MW hyperscale data center campus in Vizag. This expansion is part of Sify's significant investment and is expected to bolster cloud computing, AI, and digital services in the region.

Larson & Toubro (L&T) has allocated ₹100 billion for its data centre business under 'Lakshya 2031', aiming to create 200 MW of capacity across Vizag, Bengaluru, and Mumbai. The focus will be on AI-ready infrastructure to cater to global hyperscalers and quantum computing organizations.

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.

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

NITI Aayog has submitted its report 'Developing Visakhapatnam Economic Region as a Global Economic Hub' under the Vizag growth hub initiative. The Greater Visakhapatnam Municipal Corporation (GVMC) is tasked with project development and implementation, and has floated a request for proposal to select a consultancy firm as the project monitoring unit.

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.