Visakhapatnam Data Centre To Boost IT Jobs And Housing Demand

14 Oct 2025 CW Team

The real estate fraternity has welcomed the foundation laying of Visakhapatnam’s first 50 MW AI-powered Edge Data Centre and Open Cable Landing Station (CLS), which was inaugurated on Sunday by IT and HRD Minister Nara Lokesh.

According to E. Ashok Kumar, President of CREDAI Visakhapatnam, the project will significantly strengthen the city’s global digital connectivity and is expected to generate around 500,000 IT jobs, creating vast opportunities for the local workforce.

“This is not merely an IT project; it is a catalyst for economic growth,” Kumar said. “The development is likely to spur housing demand, particularly in and around the Rushikonda IT SEZ.”

He added that the new data centre is expected to help clear a substantial portion of unsold housing inventory, giving developers renewed confidence to launch new projects more aggressively. “Until now, many builders had adopted a cautious, wait-and-watch approach. With the state government’s proactive initiatives, we anticipate a strong revival in the real estate sector soon,” he stated.

The upcoming data centre and cable landing station mark a major step in positioning Visakhapatnam as a technology and innovation hub, capable of supporting next-generation AI, data, and cloud infrastructure, while driving economic and real estate growth in the region.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..