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JBL Royal Residency's average asking price is rising quarter-on-quarter, compared with Gajuwaka.
JBL Royal Residency avg. price is ₹ 3.4 k/Sq.Ft. compared to Gajuwaka at ₹ 4 k/Sq.Ft.
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The AI-driven traffic management project, SARTHI (Systematic Augmented Radial Traffic and Hoop Induction), is slated to go live in Vizag within four to six months. With an estimated cost of ₹60 crore, funded by GVMC and VMRDA, the project will streamline traffic flow across 101 major junctions using advanced AI technologies.
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.
Reliance Industries Ltd (RIL) has received approval from Andhra Pradesh's State Investment Promotion Board (SIPB) to establish a Rs 1,08,010 crore Data Centre project in Visakhapatnam. This facility will complement RIL's AI data centre in Jamnagar, creating a powerful AI infrastructure network in Asia. To power this, Reliance will also develop a 6 GW solar power project in Andhra Pradesh.
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.
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
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
The Visakhapatnam Metro Rail (VMR) project has reached a key financial milestone with the district administration requesting ₹600 crore from the State government for private land acquisition. This funding is crucial for the ₹11,498 crore project to move into its execution phase.
During Q1'2026, average property prices for JBL Royal Residency moved from ₹ 3,350/sqft to ₹ 3,400/sqft, reflecting a 1.49% rise.
The Capital Region Development Authority (CRDA) has approved a ₹7,380 crore loan from NABARD to accelerate core infrastructure development in Amaravati. This funding will support key institutional buildings, including the construction of Lok Bhavan (Governor's residence) for ₹169 crore and the Andhra Pradesh Judicial Academy for ₹165 crore.
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