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Murali Nagar's average asking price is stable quarter-on-quarter.
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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.
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.
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