Villa ventures emerge as Visakhapatnam’s new realty trend – ET RealEstate

VISAKHAPATNAM: More and more people looking to buy villas in Vizag is emerging as a new trend in the Port City’s realty market. Despite the pandemic, the ‘villa culture’ is picking up. At least 10 to 15 villa ventures are expected to come up in the city soon. Credai-AP president B Raja Srinivas said that […]

Andhra Pradesh CM tells officials to involve farmers in land survey – ET RealEstate

VIJAYAWADA: Chief minister YS Jagan Mohan Reddy on Thursday told the officials to involve farmers in the comprehensive land survey being conducted in the state. Holding a review meeting with the officials at his Tadepalli camp office, the chief minister wanted the senior officials to review the progress of the survey on weekly-basis. He wanted […]

Visakhapatnam development body’s area now 7,300 sq km after addition of 13 mandals – ET RealEstate

VISAKHAPATNAM: The state government has brought 13 more mandals, spanning about 2,280 square kilometres, into the jurisdiction of Visakhapatnam Metropolitan Region Development (VMRDA). As per an official order released on Tuesday, this has increased the area under VMRDA jurisdiction to 7,328 square kilometres. VMRDA officials had earlier sent proposals to the state government to include […]

Visakhapatnam: Mubarak Colony residents miffed over drains clogged with debris – ET RealEstate

File photo VISAKHAPATNAM: Residents of Mubarak Colony at Yendada, considered one of the most well-maintained colonies in the city, have been facing civic issues such as clogged drainage and dumping of debris from real estate construction in the vicinity. “Due to the lack of a proper drainage system, waste water coming out of apartments does […]

Andhra Pradesh to set up three concept cities for IT related industries – ET RealEstate

AMARAVATI: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Friday directed the officials to come up with an action plan to set up three concept cities near Visakhapatnam, Tirupati, and Bengaluru to house information technology and related industries in the state. As per an official release, the Chief Minister said that these cities should […]

Eye on suburbs as Visakhapatnam development body mulls new layouts – ET RealEstate

VISAKHAPATNAM: The Visakhapatnam Metropolitan Region Development Authority (VMRDA) is planning to develop a few new layouts in the suburbs. The urban development authority is exploring options to develop these layouts either on its own or in a PPP (public-private partnership) model. The VMRDA has land parcels on all four sides of the city. The joint […]

Andhra Pradesh government to develop layouts for urban middle class – ET RealEstate

VIJAYAWADA: The state government has proposed to develop layouts in urban areas to provide plots to middle class families at an affordable price. Chief minister YS Jagan Mohan Reddy in a review meeting with officials of the municipal administration and urban development department on Thursday proposed the scheme aimed at fulfilling the dream of middle […]

Outskirts of Visakhapatnam turn into hub of housing projects – ET RealEstate

VISAKHAPATNAM: In the hope that Vizag will get the best infrastructure once it becomes the executive capital of Andhra Pradesh, the city seems to be growing. Realtors are now busy building affordable housing on the city outskirts and are expecting to attract the middle-income segment there. Flats in Vizag city are becoming costlier by the […]

Land bank digitisation programme launched in Visakhapatnam – ET RealEstate

VISAKHAPATNAM: YSRC Rajya Sabha MP V Vijayasai Reddy launched the ‘automated change detection analysis for land management’ (land bank digitisation) initiative of the Visakhapatnam Metropolitan Region Development Authority (VMRDA) here at the VMRDA office on Friday. For the pilot project under the initiative, the VMRDA has identified two land pockets—137 acres in Madhurawada and 91 […]

Visakhapatnam development body plans to develop four new layouts – ET RealEstate

VISAKHAPATNAM: The Visakhapatnam Metropolitan Region Development Authority plans to develop four layouts in four corners of the city in 2021, VMRDA vice-chairman and MD Koteswara Rao said on Thursday. “Despite our revenue dipping by 60% in 2020 due to the Covid-19 pandemic, we have planned several projects for 2021. Plots would be allotted through auction […]