Vizag's Bheemili poised for development

27 Jun 2013 Editorial Team

Bheemunipatnam or Bheemili's merger with Greater Visakhapatnam Municipal Corporation and the initiation of the Vizag-Bheemili Beach Corridor project could well turn Bheemili into a tourist-cum-residential hub in the next half a decade, feel realtors. Bheemili, being the second oldest municipality in the country and also once known for its Dutch settlements, realtors said that Bheemili and a few villages neighbouring it are located in an ideal location as they have the beach to one side and the national highway to the other.

While the national highway offers better connectivity to Vizag city, the beach on the other side provides an ideal residential location. Confederation of Real Estate Developers' Association of India (Credai), Vizag Chairman B Raja Srinivas said that apart from Bheemili, villages such as Kapaluppada, Cheppaluppada and Nidigattu, which are located between Madhurawada and Bheemili, will probably be the direction in which the city grows in the future.

Madhurawada has already gained prominence as a residential and educational hub in Vizag, India's port city, over the last five years.

Technology

11 Aug 2026

Can India Build the Infrastructure for Its AI Ambition?

Did you know that our cities lose up to 30% or more of their water as it is distributed across them? The causes include old and leaking pipes that have aged or broken, illegal, unauthorised and unmetered water connections, and sometimes the long distances over which pipelines are laid for distribution. But this is not about water; it is about how saving this water could help cities generate the resources required to harness the AI-powered data centre opportunity writes PRATAP PADODE.In late July, we held our AI-Powered Data Centre Conference, and the verdict was clear: India has the demand, th..

Fadnavis Urges Completion Of Metro Projects Within Three Years

Maharashtra Chief Minister Devendra Fadnavis has directed officials to ensure that all metro rail projects in the state are completed within three years from the start of construction as the government accelerates expansion of its urban rapid transit network. Chairing the state cabinet’s Infrastructure Committee, he said the expansion in Mumbai, Pune, Nagpur and the Mumbai Metropolitan Region will strengthen safe, fast and environment-friendly public transport and support future urban growth. An official statement said the state currently has 174 km of operational metro corridors, while 291 ..

Vedanta Aluminium Raises Rs 135 bn Loan After Demerger

Vedanta Aluminium Metal Ltd has raised Rs 135 bn from a syndicate of banks, marking the first significant local currency loan for the business since the Vedanta Group split into separately listed firms. The financing was arranged with Axis Bank Ltd, HDFC Bank Ltd and ICICI Bank Ltd involved, and reflects efforts to establish independently financed entities following a court-approved demerger. Axis Bank signed a loan agreement supplying Rs 55 bn, while HDFC Bank and ICICI Bank will together provide about Rs 80 bn. Lenders are expected to syndicate portions of the facility with Axis Bank launchi..