Showing posts with label Plots for sale at Vizag. Show all posts
Showing posts with label Plots for sale at Vizag. Show all posts

High Appreciation for Residential Plots at Visakhapatnam



Expect best returns by investing at sites in Vizag as major plans have declared by the CM for the City of destiny Vizag. It will be a smart city with green field airports, resorts, and sea port, industrial and financial hub for the State. Even the Metro has been sanctioned for this city.

Recently land prices in Vizag have soared up with 40 to 50% appreciation compared to previous year. Among all cities in Seemandhra, Vizag tops with good city life. The proposed Visakhapatnam-Chennai industrial corridor is expected to create more than 50,000 jobs, both directly and indirectly, in the first phase alone. It is touted as one of the projects that could potentially transform the industrial landscape of Seemandhra in less than a de­cade of its commissioning.

That means Sites near Bhogapuram will be having good demand as they are near to this Industrial corridor. There are even talks of setting up the Greenfield airport and educational hub in that areas. Now the rates of plots in Vizag per sq yd costs around 7299 Re but will be rising faster in coming years.


 
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