Live news feed — last updated 25 August 2026
CREDAI, Vizag chapter, has lauded the AP government's amendments to the AP Building Rules, 2017. These revised rules aim to simplify building approvals, reduce compliance costs. Key changes include an increased permissible building height, flexible payment options for infrastructure impact fees, and expanded TDR frameworks.
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.
Visakhapatnam is set to transform 35 major traffic intersections into 'Halt-Free Junctions' by October 2026, aiming to eliminate vehicle stops and ensure continuous traffic flow, thereby reducing congestion. This initiative is inspired by East Asian urban transport models and involves grade-separated infrastructure.
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.
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.
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