Visakhapatnam, also known as Vizag, is quickly becoming one of India’s fastest-growing real estate markets. With its strategic location along the eastern coastline, booming industrial sectors, and government-backed infrastructure projects, the city has drawn interest from homebuyers, investors, and developers alike. This article dives into the trends shaping Visakhapatnam’s real estate landscape, highlighting essential statistics, influential factors, and emerging neighborhood hotspots. Current Market Overview: Key Statistics and Insights The Visakhapatnam real estate market has shown consistent growth over the past few years. Property values have appreciated across both residential and commercial sectors due to increasing demand and limited supply in certain areas. According to recent data, the average price per square foot in prime locations has seen a steady increase, with areas like Seethammadhara and MVP Colony reflecting a particularly high demand for gated comm...
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