Visakhapatnam is a historical place, with famous personalities, renowned public sector undertakings and educational institutions. Under the British rule, Visakhapatnam or Vizag was known as Waltair. For some it is The Jewel of the East, and for other it is The City of Destiny. In the newly formed State of Andhra Pradesh, Visakhapatnam is considered as the financial capital city with a GDP of over 26 billion USD.
Sri Narendra Modi, Prime Minister of India while on US tour highlighted Visakhapatnam as the prominent city in India. Following which, Visakhapatnam along with Ajmer and Allahabad has been declared to be developed as Smart Cities with funding from the US Government. Visakhapatnam is the third largest city of India on the East Coast with the largest seaport and the oldest shipyard of India. Visakhapatnam has the only natural harbour of India.
Once reputed as the largest district in India, Visakhapatnam was later divided into three districts of Visakhapatnam, Vizianagaram and Srikakulam. Identified as the fastest growing city in the world, economically and demographically this place is well connected by rail, road and air. Tourism has brought people from and near to this place. Visakhapatnam is the most cosmopolitan coastal town next only to Mumbai.
Visakhapatnam, even before it was declared to be developed into a smart city has all the facilities and amenities of a modern city. It has SEZ, industrial corridors, Special economic zones, Brandix Apparel City, and Jawaharlal Nehru Pharma City. Public sector companies like Hindustan Shipyard, and Navratnas like GAIL, HPCL, and BHEL have their establishments at Visakhapatnam. Vizag Steel, also known as Visakhapatnam Steel Plant is the second largest state-run steel plant in India.
The global IT industry entered Visakhapatnam with renowned names like IBM, Tech Mahindra, Wipro, Infotech, TCS, Infoys having their establishments here. As a Smart City, Visakhapatnam’ movement towards evolving as an IT Hub, Financial Capital, Pharma Hub and Cinema Industry will be speeded-up.
Investing in Sunrise Projects’ Sai Vanam which is within VUDA limits offers high promise and great returns on investment. Sunrise Projects offers Sai Vanam as a wonderful investment opportunity to people from all over India. A highly prestigious project pioneered by Sri Leelaji Babu and Sri Srinivasra Polavarapu, the two leaders of Andhra Pradesh’s real-estate industry. With an assurance on comfort, happiness and close to nature’s ambience, Sai Vanam is sure to meet the diverse expectation of investors, buyers, families and people, for all times.