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IT investment: Hyderabad vs Vizag

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?


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Replies (20)
1
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 .
Kumar


2
Within 12 to 18 months itself, lot of projects are goign to be completed in Vizag and property values will just increase a lot.
Sanjay Naidu


3
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.
Suresh Kota


4
Hyderabad wil always have potential. It has already seen so much growth and development in the past. It is doing really well real estate wise.
Srinivasan Rao


5
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.
Faizan Khan


6
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.
Vijay Krishna Koneru


7
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.
Ashok Kolluru


8
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.
Shiva Kumar


9
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.
Achyut Reddy


10
Industrial zones are of prime focus. They are going to be developed with great connectivity facilities and infrastructrure facilities.
Apsara Ivaturi


11
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.
Lata Rao


12
Yes this was given in the Budget of 2014 to 2015. and mid sized cities would also be modernized.
Radha Reddy


13
Arun Jaitley, our Finance Minister had said that all these smart cities would be developed as satellite towns of larger cities.
Ashwin Aysola


14
A budget of Rs 7060 crores was allocated by the union budget in order to develop 100 smart cities in India.
Asif Khan


15
Recently you remember Modi went to America? That time he had spoken with Obama and all these plans had been arranged.
Medha Mammidipuddi


16
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.
Ashok Sharma


17
Hey the US is investing in Allahabad, Ajmer and Visakhapatnam to convert these cities into smart cities.
Nakul Rao


18
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.
Krishna Rao


19
There are plans to recreate hitech city in vizag. it is to be called signature tower in madhurwada. Google and Amazon are some of the investors here.
Govind Naidu


20
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.
Ramesh Gullapalli


21

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