Visakhapatnam, also known as Vizag, is a port city of Andhra Pradesh, and is also known as the Jewel of the East Coast located among the hills of the Eastern Ghats and faces the Bay of Bengal in the East. The Coastal City is known for its famous beaches and has many tourist attractions in and nearby. Visakhapatnam is setting up as the Executive Capital of Andhra Pradesh. With this effect, Vizag will see exponential growth and the neighboring districts like Vizianagaram, Srikakulam and East Godavari also get benefitted. The biggest advantage the city has is its cosmopolitan culture. The biggest benefit to the city is the cosmopolitan culture and more than 5 lakh people from other states have settled here.
Vizag is the only natural harbor on the east coast of India. It is ranked as the 5th busiest port in India and also has the South Coast Railway Zone. Vizag City has been selected as one of the Indian cities to be developed as a Smart City under the Smart Cities Mission. Vizag offers the opportunity to invest in the city's real estate sector, apart from some of the leading industries that offer great lucrative returns such as the pharmaceutical industry, automobiles industry, IT industry, etc. Here we discuss the features that make investing in Vizag a safe haven. Let’s delve deeper into this.
Featuring as a Smart City
Vizag is a strategic port city that serves as the main gateway for shipments of products to Southeast Asian markets, and also has well-connected Intra & Intercity road and rail transport facilities. In addition to these transport facilities, Vizag is well connected by airways with other major cities in Andhra Pradesh. Not only this, Vizag railway station is the cleanest among the 75 busiest railway stations in our country. The unprecedented development in Vizag is always on the cards. The government is setting up rooftop solar photovoltaic power projects in government buildings in the city at 22 locations.
A place with top-quality resources
Vizag has many world-class educational institutions and state-of-the-art research and development centers, as well as high-quality natural resources and infrastructure. The Andhra Pradesh government has introduced fair policies to invite new investments in the city. Vizag offers the opportunity to invest in the city's real estate sector. Investment growth in this sector is mainly driven by the growing demand to build residential areas for people coming to the city from neighboring cities.
The climate that nourishes your day
Despite the humidity, the city’s temperature is moderate and the evening at Beach Road plays into your life after your intense workdays. Occasional rains cool the city at any time, and the weather stays cool regardless of the season.
Full of Entertainment at one place
Vizag offers a variety of options for entertainment lovers to find themselves in the best hangout locations. We will cover more about Vizag's hangout locations in a separate article. As it has many tourist destinations, Vizag is the best place for film shooting, and the proposed Film City is being set up in the future.
Your investment in residential land in Vizag will become your true asset in the future. So, don’t wait to extend your investment plans to avoid spending extra money. Because land prices never go down.
If you are looking for the best residential plots to suit your budget, we recommend some of the best-known and trusted property developers in the Indian real estate market. Please connect with us to connect you to the best property developers in Vizag to ease your investment planning at every step of the purchasing process.
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