Meta Description: Vizag’s real estate market is buzzing with new IT park developments in Rushikonda. Here’s what this means for locals and investors.
Full Blog Content: Rushikonda, one of Vizag’s fastest-growing localities, is all set to become a major IT hub! The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and the state government have announced the development of a world-class IT Park in Rushikonda, aimed at boosting employment and investments in the city.
The park is expected to attract major national and international tech companies, putting Vizag on the map as a tech-forward city.
Key Details of the New IT Park:
Location: Rushikonda Hilltop Zone
Estimated Investment: ₹1,200 Crores
Expected Completion: Phase 1 by March 2026
Amenities: Green buildings, coworking spaces, food courts, startup incubation centers, smart parking
"This is a game-changer for Vizag. It will create over 20,000 jobs in the tech sector," said a senior APIIC official.
The announcement has already triggered a real estate boom in surrounding areas like Yendada, Madhurawada, and Kommadi. Builders and investors are eyeing this as a golden opportunity for residential and commercial development.
What This Means for Locals:
Surge in land and apartment values
More employment opportunities
Improved infrastructure & civic amenities
With Vizag's coastline, peaceful environment, and now a booming IT sector, it’s emerging as one of India’s most livable cities.
Stay tuned to Vizag TV for exclusive on-ground coverage and progress updates!
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