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Real Estate Trends in Vishakhapatnam

Last updated: August 6 2020
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  • Re : Real Estate Trends in Vishakhapatnam

    Collector loses cool over slow pace ofdevelopment works

    TNN | Updated: Jan 31, 2018, 15:15 IST Representative Image

    Vizianagaram: District collector Vivek Yadav took umbrage over the delay in development works in Salur area.

    In a rare display of anger during a review meeting on R&B works, the collector asked officials, "Do I have to fold my hands for you to work? Do you need to be spoonfed?"

    The collector during a review meet at the mandal headquarters here on Tuesday expressed his anguish at the slow pace of works despite timely approvals and allotment of funds.

    The collector said that while Rs 31.2 crore had been allotted for over 833 developmental works, very little progress has been made as far as execution of works is concerned. The collector said that while road works had been allotted for over 18.3 km, work on only 7.4 km had been completed so far.

    He took out his ire on panchayat raj officials of Pachipenta mandal for their lackadaisical attitude towards development works and reprimanded them. He said that unless the works were taken up on a war-footing, he would take strict action against the officials concerned. The collector said that show-cause notices would be issued to engineers of Mentada and Pachipenta mandals and pointed out that approvals for the developmental works were granted on December 14.

    Vivek Yadav said: "It is important that we take up developmental works in the interior areas. Unless we work on improving the communication network, the region will remain backward." The collector said he would closely monitor the execution of works.










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    • Re : Real Estate Trends in Vishakhapatnam

      Visakhapatnam development body to develop housing, IT space under PPP model

      A 1.35-acre plot located next to the Vuda office will be converted into a multi-level car parking (MLCP) and commercial spaceUmamaheswara Rao | TNN | February 06, 2018, 16:30 IST

      VISAKHAPATNAM: The Visakhapatnam Urban Development Authority (Vuda) has zeroed in on three of its land parcels for mixed-use development in Siripuram and Madhurawada areas. Proposed to be developed under the public-private partnership model, Vuda officials are currently contemplating on which model of PPP funding will suit these projects. International property consultant CBRE has already done a study of the land parcels and submitted its report.
      A 1.35-acre plot located next to the Vuda office will be converted into a multi-level car parking (MLCP) and commercial space. After the Vuda Children’s Arena and Gurajada Kalakshetram were thrown open to the public in the vicinity of Vuda Udyog Bhavan, Vuda has proposed to develop a multi-level car parking facility in Siripuram area.

      Currently, a multinational call centre is using the 2.15-acre Vuda plot situated next to it for its parking purposes. Amidst the talks that the Vuda plot will be transferred to a private party in exchange of the latter’s plot on the RK Beach to pave way for the proposed international convention centre, Vuda officials expect an imminent need of creating parking space in Siripuram to accommodate the increasing vehicular traffic in the city as well as the vehicles of the MNC.

      Vuda has been long proposing a MLCP to reduce the traffic woes in the city, which has not materialised due to various reasons. The urban body has now incorporated the commercial space aspect in the project, which may attract more private parties and reduce the car parking tariff.

      The structure on the 1.35-acre area would likely get three underground floors for parking. Three more floors will be constructed from the ground level for commercial purposes. Again, parking facility will be created on the top of the building. As per preliminary proposals, Vuda will get free parking space as well as revenue sharing in the project.

      A senior Vuda official informed that the other land chosen for development is a 19.5-acre patch in Madhurawada. “This will get an IT tower, luxurious hotels and commercial space. We are currently exploring the best PPP model for these projects. The 19-acre land is located in survey numbers 394, 395, 396 and 397,” said the official.

      On the other hand, Vuda is also planning to take up a housing project in Yendada area. The 25.9-acre land is located in survey No 1 of the area. The Vuda official informed that they will soon release an expression of interest to invite private bidders to develop these projects under the PPP model.









      https://realty.economictimes.indiati...model/62802150

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      • Re : Real Estate Trends in Vishakhapatnam

        Residents shudder as hygiene goes for a toss

        TNN | Feb 8, 2018, 02:37 IST
        Visakhapatnam: Even as the civic authorities are taking all measures to encure that the city is clean and well-maintained to get a better Swachh ranking, there is still a need to reach the outer areas of the city. Despite dustbins being placed in every street and steps taken to ensure proper drainage system, people residing in faraway areas opine that they are still facing a lot of problems due to the unhygienic conditions prevailing in many residential areas.

        It has become a nightmare for people residing behind the Shilparamam Jathara, a park located in Madhurwada. Due to lack of proper drainage system, the waste water generated from the food points located in the park gets stagnant. This turns into a drainage soak pit which has become a breeding ground for flies and mosquitoes. Adding to the woes, the polluted water combined with heaps of food waste attracts dogs and pigs.

        Colonel Raman Joshi, an army officer residing in Madhurvanam apartment adjacent to the Jathara park, said all their complaints have been in vain. "Despite repeated complaints through the swachhata application and writing letters to the GVMC commissioner, my efforts have been in vain. To my astonishment, even as the same condition prevails, the complaint that was lodged shows 'resolved' by the sanitary department!" Col Joshi fumed.

        "I also lodged a complaint on twitter (social media platform) requesting the GVMC officials to look into the pathetic and unhygienic condition of the place. But even that has failed to move them so far," he added.

        B Rajendra, a bank manager residing near the park, has a similar complain. "I lodged the complaint last month on Swachhata app, but no steps have been taken so far when as per the rules your complaint needs to be attended within 24 hours. Instead, the status of the complaint shows 'resolved', while the condition of the area remains the same. Moreover, the people who walk in the paved pathways have to bear the foul smell," he said.

        Zonal commissioner P M Satyaveni told TOI that the problems would be resolved soon. "To ensure a proper drainage system in the area, the drains outside the park have already been constructed. The next step would be to construct drains inside the park and connect it to the main drain. We are at it and hope to resolve the issues soon," he said.







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        • Re : Real Estate Trends in Vishakhapatnam

          Protest over ‘budget bomb’ brings Vizag to a standstill

          Visakhapatnam: Vizag city came to a grinding halt on Thursday as a bandh call given by Left parties in protest against the Centre's meagre allocation of funds for the state in this Budget found support from all opposition parties including the YSR Congress, Congress, Jana Sena and even the BJP.

          The bandh passed off peacefully in the North Andhra districts as all government and private transport services came to a grinding halt and commercial establishments, educational institutions and others remained closed for the day on Thursday. Many people's organisations and trade unions took part in the bandh.

          Interestingly, the ruling Telugu Desam Party's (TDP's) representatives also swung into the action and staged protests and rallies. Petrol bunks, theatres, banks and other establishments also remained closed. People of all walks of lives extended support to the bandh as there is a widespread sentiment among the public of being wronged by the Centre by way of a meagre allocation of funds to the state in the 2018-19 Budget.

          Police forces were deployed in large numbers at strategic locations across the district and in neighbouring districts to prevent untoward incidents. People travelling to other places suffered the most due to a complete halt in transport services.

          Even weekly vegetable markets in faraway Agency areas remained closed due to the bandh.

          Transport services slowly began crawling back to normal after 2 pm. Over 50,000 auto-rickshaws in North Andhra are believed to have stayed off roads.

          Source: https://timesofindia.indiatimes.com/...w/62842404.cms
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          • Re : Real Estate Trends in Vishakhapatnam

            Vizag second in country in Swachh Survekshan feedback

            Umamaheswara Rao| TNN | Updated: Feb 9, 2018, 23:42 IST
            Visakhapatnam: The port city has got a head start in Swachh Survekshan 2018 as more than 71,000 Vizagites recorded their feedback as of Thursday. Only the South Delhi Municipal Corporation is believed to be ahead of Visakhapatnam with more than 1.1 lakh responses.

            According to officials, the number of responses garnered from Vizagites is manifold compared to any other major city of Andhra Pradesh such as Vijayawada (12,106 responses), Tirupati (17,425), Rajahmundry (15,549) and Kakinada (10,012).

            The other cities at the national level trailing behind Visakhapatnam are Indore (62,502 responses) and Tiruchirappalli (52,992 responses). The efforts of the civic body as well as the 'Love Vizag' campaign taken up by active residents of the city seem to have propelled the city in terms of the number of responses.

            Citizens' feedback forms a crucial part of the survey this time as it dedicates 1,400 marks (35 per cent weightage) for citizens' feedback and utilisation of Swachhata App out of the total 4,000 marks.

            The GVMC has planned to send a total of 15 lakh bulk SMSs in a phased manner, requesting the city's residents to participate in the survey. From creating videos and setting up hoardings across the city on Swachh Bharat Mission, Swachh Survekshan and citizen feedback components, the civic body is leaving no stone unturned towards getting the first rank in this year's survey.

            It has been distributing pamphlets about the survey and citizen feedback at several public places. After Swachh Survekshan 2018 incorporated the sustainable waste management practices, the GVMC has aggressively pushed the public towards garbage segregation as well as composting. The residents of the city were also made aware of the survey through FM radio channels and local TV advertisements.

            GVMC commissioner M Hari Narayanan said people can submit their feedback on the Swachh Survekshan website as well as Swachhata App. "They can also give their feedback by calling 1969 toll free number. About one lakh Vizagites participated in the 2017 survey and this time we are hoping feedback from two lakh citizens," said Hari Narayanan.

            Another senior GVMC official said they cannot be complacent with the number of responses as they are aiming at first rank this year. "Currently we stand ahead of many major cities of the country. We request the public to actively participate in the survey to get the coveted first rank. We are getting 3,000 to 4,000 responses every day from residents of the city," said the official.

            On the other hand, a central observation team, as part of Swachh Survekshan 2018, will arrive in the city on February 12. They will visit various areas in the city for direct observation as well as to seek citizens' feedback. The survey team will also visit public toilets, market places and other public areas.





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            • Re : Real Estate Trends in Vishakhapatnam

              Heritage Town Hall, standing tall since 1904, in dire need of facelift

              Sulogna Mehta| TNN | Feb 11, 2018, 03:27 IST
              Visakhapatnam: The 114-year-old Town Hall, a heritage structure which has seen the transformation of Visakhapatnam from a fishing harbour into one of the fastest-growing cities in the country, is now suffering the travails of old age with a municipal corporation doing little to improve its condition.

              Located in Old Town, the building, which was inaugurated in 1904, is now in a dilapidated condition with a crumbling roof that is in dire need of repairs. There is talk of repairs but nothing has happened as yet, say locals.

              The Town Hall, built by the Maharaja of Bobbili, had hosted many important meetings during India's freedom struggle and had witnessed high points in Vizag's socio-cultural and literary circuit. It played host to great personalities like Sir CV Raman and Dr S Radhakrishnan. However, the building rapidly descended into disrepair as it was being rented out for weddings and functions, which was stopped two years ago.

              The building has wooden floors, Mangalore-tiled pitched roof and stone towers with spire-shaped tops.

              Heritage activist and member of Indian National Trust for Art and Cultural Heritage (Intach) Sohan Hatangadi said, "Though the GVMC had taken the first steps in preventing further deterioration by cancelling the lease of the premises to someone renting it out for weddings and littering it with filth a couple of years ago, the building is now in a rundown condition and needs repair."

              However, despite assurances from the corporation to revive one of the most important heritage structures of Vizag, implementation of the same has not taken place.

              "Lack of funds to preserve the heritage buildings, management skills and willingness could be the reason. It is quite possible to raise funds from donors, business houses and corporations including crowdfunding to get this building fixed and operational. The corporation should allow public spirited members of society to form a body with the goal of restoring this building. Obviously, we will still need plenty of support and hand-holding from the administration," Hatangadi said.

              Sources from the municipal corporation said there are plans to renovate the Town Hall and the Old Municipal Office Building and said some parts of funds from the Smart City project and World Bank would be utilised for sprucing up the building.










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              • Re : Real Estate Trends in Vishakhapatnam

                Overbridge for NAD flyover gets rlys’ nod

                Umamaheswara Rao| TNN | Feb 13, 2018, 03:40 IST
                Visakhapatnam: Visakhapatnam Urban Development Authority’s (Vuda) multiple discussions with railway officials, with regards to the construction of a new rail overbridge for the proposed three-level grade separator (flyover) at NAD Junction, have finally yielded the desired result as the latter has agreed to take up the ROBproject.

                Vuda had been in discussion with the railway officials as the flyover needs another ROB (on railway land) to facilitate vehicle landing on one level of the flyover. Initially, the railways asked for alternative land or compensation for the land to the tune of Rs 9 crore, which was not originally budgeted for the initial estimates of the flyover cost.

                Officials of the urban body have been requesting railways to come forward to construct the flyover on their land in public interest and have said Vuda will bear the expenditure to be incurred on the ROB. Vuda vice-chairman P Basanth Kumar informed that railways has preliminary agreed to the proposals. “They have asked us to deposit the estimated cost of the ROB with them to execute the project. It may cost around Rs 5 crore,” he said.







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                • Re : Real Estate Trends in Vishakhapatnam

                  Vizag could be home to a multi-industrial park soon

                  V Kamalakara Rao| TNN | Feb 13, 2018, 03:27 IST
                  Visakhapatnam: The government is planning to build a multi-industrial park, with eco-friendly infrastructure and facilities, in Vizag. The fresh proposal is being mooted as an alternative to the old greenfield Electronics Manufacturing Cluster (EMC) — a project which was officially announced two years ago but is still gathering dust due to lack of response from private players to the Expression of Interest (EoI) floated in July 2016.

                  The government, in collaboration with the union ministry of electronics and information technology, had proposed the setting up of the EMC. The state-owned AP Industrial Infrastructure Corporation Limited (APIIC) had even identified 98.83 acres of land at Gurrampalem in Pendurthy, in Visakhapatnam district for the EMC project.

                  With the project, announced in 2016, getting no response from anchor units till date, the authorities concerned, including the department of information technology, are presently exploring various other alternatives to gainfully utilise the 98.83 acres of the land which was earmarked for the EMC. The surprise visit of a senior official from the IT department to the Gurrampalem site in January this year has added fuel to the alternative proposal plans of the state government.

                  Confirming this, a senior official from the state government told TOI: “We earmarked 99 acres of land for the setting up of the EMC at Gurrampalem. Twice we released bids inviting anchor companies to start their units at the EMC, but there was no response. So we are now thinking of alternative projects like multi-industrial park or hardware park.”

                  As per the guidelines of the EMC, only electronics-related companies need to be established in the cluster. But, if the EMC is converted into a multi-industrial park, any company can start their units there. “By using the same land of 99 acres, we are now exploring various possibilities, and are thinking of a multi-industrial project. The only difference is that the EMC is an official project, while the multi-industrial is unofficial and has to be studied from various angles including at the CM’s level,” said a senior bureaucrat.

                  It may be mentioned that the state government had in 2016 promised four EMCs in the state including one in Vizag and three in Tirupati.








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                  • Re : Real Estate Trends in Vishakhapatnam

                    Faulty designs behind rise in highway mishaps

                    Samdani MN| TNN | Feb 15, 2018, 02:54 IST
                    Guntur: A study conducted on national highway accidents in the state has found defective engineering methods adopted during the construction of NH-16 (Chennai-Kolkata) a prime reason for frequent accidents taking place there. NH-16 passes through most of the nine coastal districts in the state and sees at least one fatal accident a day.

                    The state government constituted district-level committees comprising officials from roads and buildings, national highway authority, transport and police departments to study reasons for the bleeding of highways in AP last year. The committees inspected accident-prone spots and held several rounds of discussions before arriving at the reasons for the mishaps.

                    The state government is said to have compiled data and inputs submitted by the committees recently and sent it to the ministry of surface and road transport authority and National Highways Authority of India (NHAI) for taking up corrective measures, said sources.

                    The joint study which was carried out in Guntur district pointed out several lapses in the design and construction of the NH, added the sources. The officials have also pointed out that poor lighting facility particularly when NH passes through a particular town or village is also leading to accidents. “While street lights available in some habitats are dim, there are no street lights in many villages. Poor visibility is leaving little scope for drivers on highways, little chances to prevent the mishaps,” said a senior official part of the study team.

                    Officials found that not providing proper access to people residing in the villages located just on the bunds of the NH is forcing them to make irregular entry into the NH resulting in collusion of vehicles on the highway. The team found the need of immediate construction of proper service roads in towns and villages through which NH passes.

                    Students of a private university also took part in the study.





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                    • Re : Real Estate Trends in Vishakhapatnam

                      Permanent steps to check beach erosion by next year

                      Siva G| TNN | Feb 17, 2018, 03:54 IST
                      Visakhapatnam: Permanent measures to check beach erosion are likely to be put in place by next year once Deltares - the consultant from Netherlands roped in to study the erosion along the city’s coastline - submits its report to the government by the end of this year.

                      Deltares had embarked on the study in December last year covering a large swathe of coastline from Gangavaram port to NTPC Simhadri area at Parawada where marine structures are located and Divis Labs near Bheemili.

                      “Deltares would submit a Detailed Project Report (DPR) and an engineering design besides estimates. The consultant would carry out a systematic study of erosion and sea activity. The sea activity would be high during the months of May to October. So, they will study the conditions in detail,” Visakhapatnam Port Trust (VPT) chairman MT Krishna Babu said. The works would be taken up by the government at a tentative cost of Rs 150 crore as part of the beach beautification drive.

                      Beach erosion is on a high since 2015. Even a part of the beach road was damaged due to erosion. If the sand replacement were not done, the sea would come forward, the port chairman said.

                      Krishna Babu said as per the studies, 271 km of the coast out of 974 km of the entire AP coast has been affected by the erosion.







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