GVMC Commissioner Visits TIDCO Housing Colony

23 May 2023 CW Team

The Greater Visakhapatnam Municipal Corporation (GVMC) Commissioner, CM Saikanth Varma, visited the TIDCO housing colony at Satyanarayanapuram near Anakapalli on Saturday. He reviewed the progress of construction works and inspected the infrastructure facilities.

The housing colony comprises approximately 2,750 units, of which about 2,500 are nearing completion. The remaining 250 units are expected to be completed within the next few months.

The infrastructure facilities in the housing colony are almost complete. Roads, drains, water supply, and electricity have all been installed. Bank loans have been arranged for 116 beneficiaries, and registrations are in progress for the remaining 123 beneficiaries.

Varma expressed satisfaction with the progress of the construction works and directed the officials to expedite the remaining works. He also instructed the officials to ensure that the beneficiaries are allotted their houses at the earliest.

The TIDCO housing colony is one of the largest housing projects in Visakhapatnam. It is being constructed at a cost of over ₹1,000 crore. The project is expected to benefit over 2,750 families.

The GVMC is also constructing a number of other housing projects in Visakhapatnam. These include the 24,000 TIDCO housing units that you mentioned in your query. These units are being constructed in various parts of the district, including the suburbs and slums.

The 300 square feet housing units will be given to the beneficiaries for just one rupee. The beneficiaries will be selected through a lottery system.

Also Read
Titan Company purchases commercial space in Mumbai for Rs 100 crore
Arihant Superstructures' net profit falls drastically in Q4 FY2

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..