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Recent & Future Developments

What's New in Srikakulam, Vizag

Live news feed — last updated 10 June 2026

10 Jun2026

GVMC Plans Major Road Widening Projects in Vizag

GVMC is planning significant road widening projects in Bheemunipatnam and the West Zone of Visakhapatnam to improve traffic flow and road safety. The initiative aims to address the city's growing transportation needs and support future urban development, including projects like the Visakha Economic Region and Bhogapuram International Airport.

Source: Deccan Chronicle
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
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Rental Yield
3.9%
6
New Projects
1
For Sale
Rental Yield
3.9%
5
For Sale
Rental Yield
3.9%
2
New Projects
1
For Sale
Rental Yield
3.9%
1
New Projects
1
For Sale
Rental Yield
3.9%
1
New Projects
1
For Sale
Rental Yield
3.9%
1
New Projects
1
For Sale
Rental Yield
3.9%
1
New Projects
1
For Sale
Rental Yield
3.9%
2
For Sale
Average Sale Price
₹ 3,400/sq. ft
Rental Yield
3.9%
2
For Sale
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