Residential and Commercial Property in Visakhapatnam
Against the backdrop of the gently sloping Eastern Ghats and the 144 km long pictorial coastline, Visakhapatnam on the eastern coast is one of India’s most aesthetically developed cities.
Deriving its strength from the manufacturing facilities of large public sector undertakings like Hindustan Shipyards, Hindustan Petroleum, Hindustan Zinc, Bharat Heavy Plate and Vessels, Coromandel Fertilisers, and India’sfirst port-based steel plant, the Rashtriya Ispat Nigam, Vizag plays a vital role in the economy of its home state, Andhra Pradesh.
The boom in real estate in Vizag has been fuelled not only by its investment potential but also as a retirement destination by public sector employees, professionals and migrants from neighboring districts. Entrepreneurs who moved from adjoining districts have brought their trade with them, and real estate, construction, hospitality and financial services have mushroomed with their advent.
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