Tag: VMRDA

Latest StoriesResidential

Visakhapatnam: VMRDA Issues RFPs for High-Rise Development

VISHAKAPATNAM: The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has announced requests for proposals (RFPs) for the construction of apartment complexes in Midhilapuri and Vepagunta, as well as a 50-storey tower in Madhurawada. This marks VMRDA’s first initiative in residential housing projects in over a decade, as they have primarily focused on selling plots and land for government layouts in recent years. According to VMRDA, the upcoming projects will be executed using a public-private partnership (PPP) model and are expected to be priced below current market rates, catering to the ‘middle income group’ housing segment in Midhilapuri and Vepagunta. The 50-storey…

InfrastructureLatest Stories

VMRDA Plans Four Theme-Based Townships in Visakhapatnam

VISAKHAPATNAM: The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has issued a request for proposals (RFP) to select a transaction advisor for the development of four theme-based townships in Kothavalasa village of Bheemili mandal, Sontyam in Anandapuram mandal, and two additional locations. Covering an approximate area of 500 acres, these projects will create integrated and self-sustaining urban clusters. Each township will revolve around distinct themes, including IT and innovation, health and wellness, education, tourism, and culture. Given their proximity to the IT hub in Madhurawada and the emerging industries in Anandapuram and Bheemili, these townships aim to foster a walk-to-work culture.…

InfrastructureLatest Stories

Visakhapatnam: Cherlopalikhandam Township Plan Revived After 18 Years

Representative image created by AI VISAKHAPATNAM: After nearly 18 years of challenges, the long-standing issue surrounding the Cherlopalikhandam land near Anakapalli is finally resolved. This paves the way for a 58-acre integrated township project. Initially proposed in 2007 under the land pooling scheme (LPS), the project faced delays due to complications concerning 16 acres for which owner consent was not secured. The Visakhapatnam Urban Development Authority (VUDA), now known as the Visakhapatnam Metropolitan Region Development Authority (VMRDA), identified 86 acres in Cherlopalikhandam village for a major layout in 2007 due to high public demand. Of this, 62.37 acres were private…

Latest StoriesResidential

VMRDA Greenlights 50-Storey Towers in Visakhapatnam

AI-generated Representative Image VISAKHAPATNAM: The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has approved an ambitious residential apartment project in Visakhapatnam. This is a notable first for any urban development authority in Andhra Pradesh in recent years. VMRDA plans to develop a 4.07-acre site near Pebble Towers in Madhurawada, with a residential complex featuring six 50-storey towers. Pricing details have yet to be finalized. The project will include 3 BHK, 4 BHK, and 4 BHK duplex apartments, along with amenities such as a clubhouse, jogging and cycling tracks, a swimming pool with deck, a children’s play area, and more, comparable to…