The city of Visakhapatnam is exceptional in every way. It is a mainland city in the state of Andhra Pradesh. This beautiful city has a lot to offer people who visit it. It gives everyone who comes there a wonderful vacation.

Visakhapatnam’s real estate market is very busy. There are many reasons why someone should invest in real estate in Visakhapatnam, built by the Top Builders in Vizag.

Why is Vizag a Good Place to Live?

Vizag, also known as Visakhapatnam, has always been one of the most liveable cities in the state of Andhra Pradesh. The city is also known as the “Jewel of the East Coast” because of its natural beauty and location. The city is nestled between the mountain range of the Eastern Ghats and the Bay of Bengal. In addition to being a tourist hub, the city has a booming economy and has lately been attracting people from all across the country. The real estate market in Vizag is on the rise. These are a few of the many reasons Vizag is a great Place to Live.

Reasons to Buy an Apartment in Vizag

There is more than one good reason to buy an apartment in Visakhapatnam. Let’s check them out:

Smart City

The city of Visakhapatnam has been selected to be developed as a “Smart City.” This means that the number of schools, colleges, universities, hospitals, and companies will increase. The water supply network, community services, transport system, law enforcement, and so on will be improved. The city is already efficient and will only improve. Furthermore, the city has also been recently ranked as the fifth cleanest in India. The entire infrastructure is being modernized. This is the best time to buy luxury apartments in Vizag.

Accessibility

Vizag is located between the Eastern Ghats mountain range and the Bay of Bengal. The city is accessible by sea, air, rail, and road. This accessibility is a sign that the city will never suddenly come to a halt due to a lack of transportation. The neighboring cities, towns, and villages are highly accessible.

Economy

Visakhapatnam is one of the fastest-growing cities in the world. It has a growing economy due to the number of industries such as fishing, pharmaceuticals, and information technology. The import and export industries are huge. In addition to being a harbour city, the presence of an international airport is another advantage. The booming economy is one of the main reasons why many people have chosen to move to the city, and the number of apartments in Visakhapatnam for sale has increased greatly.

Tourist Hub

The city of Vizag is a commercial and tourist hub. The city is known for its beaches, ancient temples, stone carvings, and ancient archaeological structures. The cost of living in Vizag is relatively low compared to other major cities in India. It is the perfect city to buy a luxury apartment.

Real Estate Boom

This is the right time to invest in an apartment in Visakhapatnam. Due to the bifurcation of Andhra Pradesh and Telangana, the government of Andhra Pradesh is looking to develop Vizag and is paying additional attention to the needs of the people. Due to this, real estate prices have shot up. However, the prices are still nowhere close to other major cities such as Hyderabad, Bangalore, Mumbai, Kolkata, Pune, or Delhi. The costs are going to climb further as the market value and demand for land, villas, and apartments increase. Investing in an apartment right now will guarantee a very high return on investment (ROI).

Flats for Sale in Sagar Nagar, Vizag

Ayaansh Promenade is an Ayaansh infrastructure project. Ayaansh is a renowned construction company specialized in the design, development, and construction of residential and commercial spaces in Visakhapatnam. Ayaansh Promenade is a luxury project with 18 premium residences that are located in the heart of Sagarnagar, just off the beach road, where you can buy a flat and enjoy the uninterrupted sea view.