Vishakhapatnam,the
most talked about city in terms of tourism in Southern India has now
started gaining attention from various other sectors like IT &
Real Estate. The city is now all set to witness one of the biggest
Real Estate developments in the times to come. Until now the market
seemed to be slightly sluggish, but as private companies have started
investments, the demand for residential locations has gone up
considerably. Several Real Estate players like The Celest, Vaisakhi &
many other have already paved their way with their dream projects in
this city which seems to offer ample opportunities.
VISAKHAPATNAM
seems to be the next hotspot destination for residential as well as
commercial Real Estate development. With basic infrastructure already
present & connectivity being sound, it is now believed to be the
next IT hub of Southern India. After the creation of Telengana as a
separate State, and release of significant Central Government funds
for the development of Andhra Pradesh, the potential for growth has
been augmented.
New
Residential Projects in Vizag-Boon for residents
Private
sector companies have started making their way into the city of Vizag
which is witnessing significant demand for both residential and
commercial development. Growth is expected not just in city but also
in the suburbs of the city for premium properties. Realtors have
highlighted that areas like Gajuaka, Bheemili, Anandapuram will
continue to attract the interest of investors. Companies like IBM,
Tech Mahindra have their establishments already set up in the city &
several new are expected to be part of it which will further
encourage to the housing demands.
With
constant support from the Central Indian Government, as well as
investments from private sectors, the city’s social infrastructure
has already been enhanced tremendously & it meets all the
prerequisites that property buyers would love to have.
Several
large and small scale real estate developers are set to launch their
upcoming projects in the city. One of the most premium projects being
The Celest. The Celest, is a premium project by the private equity
arm of SRS Private Investments. SRS being pioneer in providing
luxurious living experience highlights its real estate portfolio in
large residential projects, commercial offices, hospitality &
retail projects in India’s metros & upcoming ones in cities
including Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, Bhubaneswar,
Trivandrum & Visakhapatnam.
The
Super Luxury apartments in Vizag, offered by The Celest are situated
in one of the best & convenient locations on NH5. The project
provides easy access to all facilities such as airport, schools,
hospital, banks & many large organizations. The Luxury
apartments for sale in Vishakapatnam offer superior features and
amenities which are spread over 35,000 sqft . The Celest includes
a luxurious club house built over 4 floors offering a wide range of
sports facilities - 2 swimming pools, gymnasium, cricket net,
badminton, jogging tracks & extensive indoor games. Spread over 6
acres of landscapes, these smartly designed 2 BHK, 3 BHK apartments &
Duplexes are 3 side open & fully compliant with Vaastu. It also
offers first upcoming air conditioned retail shopping plaza for your
end to end daily shopping requirements. Its a one stop shop modern
retail centre which is spread across 4 floors & incubates well
known brands in fashions, convenience marts, restaurants.
With
developments at such an alarming rate, a positive buzz has already
started developing around Visakhapatnam, which surely will have a
direct impact on the real estate market.
