Q: Hey guys. I heard that many cities in Telanganna and AP are being converted to smart cities. There are big plans for Vizag especially right? So will it be competition for the real estate and IT sector of Hyderabad? Will the demand for investing and property in Hyderabad decrease as a result?
Don t compare Vizag with Hyderbad .Hyderbad 70 years capital city of Andhra Pradesh .So dowlaped hyderbad city .other wise hyderbad is very small city and undeveloped city .Vizag naturalize dowlaped .
Thing with Hyderabad is, too much overpopulation took place and now there's lack of infra facilities for all. In vizag, they are trying to not make the same mistakes.
The fact that the American government is willing to contribute its resources to help developing Vizag is a brilliant move for Vizag. It also means that they see immense potential in this city.
Firstly there will be a detailed study on the role of natural resources and skill required to tap it. Only then does the govt try to contact investors here.
Yes, the growth potential of an industrial zone is very important, at both national and international levels. Only if the potential is good will companies consider investing in these regions.
So the industrial sector is identified on 2 things mainly. firstly how competitive is the industrial market. secondly, what is the growth potential of the industrial zone.
In terms of comparing Hyderabad and Vizag, i would have to say that lesser number of mistakes would be made in developing Vizag because the state govt would have learnt from their past mistakes.
So many investments are eing made in Vizag at the moment. there's a Vizag Chennai industrial corridor that is being developed. This will do wonders for Vizag.
Yeah and the US is also combining forces with the local authorities and govt body to supply clean water and sanitation facilities to over 500 cities in India.
The inclusion of foreign funds like American investments is definitely essential for Indian smart city development. Even the technical know how should be learned from first world countries.
Naidu and Modi's close relationship was I think the reason for Vizag to be included in the list of 3 smart cities that were to get american investments.