CREDAI expects huge construction activity in Vizinaagaram, Srikakulam

30 Apr 2022 CW Team

CREDAI State general secretary K Subhash Chandra Bose, who is also Managing Director of Pride Constructions, said that the association was suggesting its members concentrate on Tier-3 and Tier-4 cities for the same reason.

People who can’t buy properties in Visakhapatnam owing to the high price can do the same in Vizianagaram and Kothavalasa towns, which are closely situated in the Port City. A 3 BHK flat costs somewhere between Rs 75 lakh to Rs 1 crore in prime locations in Visakhapatnam. However, the same is available in the range of Rs 50 lakh and Rs 60 lakh in the industrial towns of Vizianagaram and Kothavalasa, said Bose.

He said that the Tier-III and Tier-IV cities also have less traffic and pollution when compared to the larger cities and these elements would make the buyers look for properties in the towns nearby the major cities.

Challenges and opportunities for the construction activity in the recently developing towns will be discussed in the New India Summit, planned to be held in Visakhapatnam on April 29 and 30, said Bose.

The government’s help will spur both construction and economic activity in towns.

CREDAI Srikakulam district president Gurugubilli Raju told the media that the suggested airport at Bhogapuram and atomic power plant at Ranasthalam on the Visakhapatnam-Srikakulam National Highway would be the added benefits for the construction industry in Srikakulam district.

Many multinational firms and pharmaceutical firms in the Pydibhimavaram industrial zone are motivating their staff to stay in Srikakulam instead of Visakhapatnam due to its nearness. With the building of flyovers on the National Highway, it is easy to reach Srikakulam within 40 minutes from Pydibhimavaram.

Image Source

Also read: Housing costs increase by 10-15% in Andhra Pradesh

The Confederation of Real Estate Developers Association of India (CREDAI) is anticipating a huge construction activity in Vizinaagaram and Srikakulam districts, with the availability of properties at affordable costs when compared to that in Visakhapatnam. CREDAI State general secretary K Subhash Chandra Bose, who is also Managing Director of Pride Constructions, said that the association was suggesting its members concentrate on Tier-3 and Tier-4 cities for the same reason. People who can’t buy properties in Visakhapatnam owing to the high price can do the same in Vizianagaram and Kothavalasa towns, which are closely situated in the Port City. A 3 BHK flat costs somewhere between Rs 75 lakh to Rs 1 crore in prime locations in Visakhapatnam. However, the same is available in the range of Rs 50 lakh and Rs 60 lakh in the industrial towns of Vizianagaram and Kothavalasa, said Bose. He said that the Tier-III and Tier-IV cities also have less traffic and pollution when compared to the larger cities and these elements would make the buyers look for properties in the towns nearby the major cities. Challenges and opportunities for the construction activity in the recently developing towns will be discussed in the New India Summit, planned to be held in Visakhapatnam on April 29 and 30, said Bose. The government’s help will spur both construction and economic activity in towns. CREDAI Srikakulam district president Gurugubilli Raju told the media that the suggested airport at Bhogapuram and atomic power plant at Ranasthalam on the Visakhapatnam-Srikakulam National Highway would be the added benefits for the construction industry in Srikakulam district. Many multinational firms and pharmaceutical firms in the Pydibhimavaram industrial zone are motivating their staff to stay in Srikakulam instead of Visakhapatnam due to its nearness. With the building of flyovers on the National Highway, it is easy to reach Srikakulam within 40 minutes from Pydibhimavaram. Image Source Also read: Housing costs increase by 10-15% in Andhra Pradesh

Infrastructure Urban

01 Aug 2026

AI Data Centre Leaders Map India’s Infrastructure Roadmap

Mumbai, 22 July 2026: As artificial intelligence reshapes global digital infrastructure, industry leaders gathered in Mumbai today at the AI-Powered Data Centre Conference 2026 to discuss how India can build the capacity, technology and ecosystem required to emerge as a global AI infrastructure hub. Organised by ASAPP Info Global Group and conceptualised by FIRST Construction Council, the conference revolved around the theme, “From Capacity Gap to AI Superpower: Building India's Digital Backbone for the Intelligence Economy.” Bringing together developers, technology providers, enterpr..

Infrastructure Urban

31 Jul 2026

SCLR Extension Nears Completion Linking BKC With Signal-Free Route

The Santacruz-Chembur Link Road (SCLR) extension towards Bandra-Kurla Complex (BKC) via the Mumbai University campus has entered its final stage, bringing motorists closer to a direct, signal-free connection between the Western Express Highway and the city’s commercial district. The elevated connector is being built as an arm from the SCLR alignment and will link the western suburbs with BKC without surface signals. The link is designed to reduce journey times for commuters travelling from the western suburbs to BKC and to improve access to eastern Mumbai. By carrying through traffic above s..

Infrastructure Transport

31 Jul 2026

Raiganj MP Seeks Bengal Only Highway Link To Siliguri

Raiganj Member of Parliament Kartik Chandra Paul met Union Minister for Road Transport and Highways Nitin Gadkari in New Delhi to press for a new stretch of national highway in North Dinajpur district. He urged approval for a Bengal-to-Bengal link that would connect National Highways 12 and 27 to allow vehicles bound for Siliguri to avoid the current route through Kishanganj in neighbouring Bihar. He also submitted a proposed alignment of the new road to the ministry for consideration. At present vehicles from Raiganj travel along NH-12 and join NH-27 at Purnia More in Dalkhola, a route that p..