Visakhapatnam
Andhra Pradesh Chief Minister N Chandrababu Naidu will inaugurate the IT incubation centre at Rushikonda here on September 29 and on the same day a major seminar on IT development will also be held, according to State HRD Minister G. Srinivasa Rao. He said here on Wednesday that an IT start-up centre would also be [...] Continue Reading »
Lack of basic amenities, connectivity, power problem and transportation causes hindrance in the much famous IT special economic zone that Rushikonda houses which is hardly 15 firms out of nearly 100 odd IT and ITeS players who call Vizag their home. The representatives of several IT companies and other industrial bodies are scheduled to meet [...] Continue Reading »
Location is everything, and when a new city is to be founded, getting in early on the action is a smart thing to do is a known fact to anyone who has ever dabbled in real estate. Therefore members of the committee of urban planners and urban policy experts were stunned to find their mailbox [...] Continue Reading »
Investments are pouring in Visakhapatnam reason being it is in the race to be the capital of Andhra Pradesh. APIIC has received many applications, with majority of them being pharmaceutical companies, which signifies that it has emerged as one of the most potential business destinations. In Visakhapatnam as per AP Industrial Infrastructure Corporation (APIIC),in just [...] Continue Reading »
Visakhapatnam Urban Development Authority (VUDA) is reviewing bids by 7 companies for preparation of a master plan, including review and revision of the existing master plan and zonal development plans. The notification was issued by VUDA in February seeking consultancy support and preparation of the master plan for an area of 5,573 sq km. Seven [...] Continue Reading »
Visakhapatnam is well suited to be the capital city for the residual Andhra Pradesh, presented with a natural harbour, long seafront and cosmopolitan flair, said C Shekar Reddy, national president of the Confederation of Real Estate Developers’ Associations of India (Credai). He informed mediapersons, “Going by the global experience, cities facing waterfront have flourished economically [...] Continue Reading »
According to the realty consultants Jones Lang LaSalle, the passing of contentious Telangana bill in the Lok Sabha may not have much impact on investment sentiment in realty sector across Hyderabad, as, for next 10 years it has already been planned to serve as a joint capital. JLL Managing Director, Hyderabad, Mr. Sandip Patnaik said, “The [...] Continue Reading »
Wipro Technologies, an IT giant, is planning to set up a special economic zone (SEZ) software development facility in Visakhapatnam. It is planned to be a seven-storied 1,000 employees facility. Currently, the company has a seven acre campus that is located on NH-16 opposite the Tech Mahindra facility at Satyam Junction. It houses 300 employees [...] Continue Reading »
To go by the words of Confederation of Real Estate Developers Association of India (Credai), Hyderabad would continue to attract good interest in real estate activity and is very much capable of withstanding and thwarting any competition from Tier II locations in the event of state’s bifurcation. The general secretary of Credai, Mr. Ram Reddy, in his interaction with the [...] Continue Reading »
Visakhapatnam- The Europe model row housing project at Rushikonda is on the verge of completion with only few interior fixtures left. The project is being developed by Visakhapatnam Urban Development Authority (VUDA) on an area of 6.78 acres of land. The Vice Chairman of VUDA inspected the works completed and directed senior engineers to complete [...] Continue Reading »
