The Future Of Bhogapuram Realty
Visakhapatnam has been in the news for quite a long time ever since Andhra Pradesh Government has announced the plan to establish Executive Capital here. It brought immense growth in all sectors and the real estate industry is top among them. The plans to finalize government offices, shifting employees, and acquiring land have been going under full swing. The latest news claims that Executive Capital operations from Visakhapatnam will commence from October 2020.
Visakhapatnam has been in the news for quite a long time ever since Andhra Pradesh Government has announced the plan to establish Executive Capital here. It brought immense growth in all sectors and the real estate industry is top among them. The plans to finalize government offices, shifting employees, and acquiring land have been going under full swing. The latest news claims that Executive Capital operations from Visakhapatnam will commence from October 2020.
Let’s see how this growth will affect the real estate industry in the coming years.
The Real Boom: As soon as the news came up about the Bhogapuram Airport in 2015, there is a lot of anticipation about the development and growing importance of Visakhapatnam. By then, the prices went up as the demand increased in land purchases.
Steady Growth of Realty: 2016 witnessed a steady growth in Bhogapuram realty as Government started accepting requests for proposals, technical and financial bids from various bidders.
Substantial Growth in Realty: On 14 February 2019, the then Chief Minister of Andhra Pradesh, Sri Nara Chandrababu Naidu laid the foundation stone for the Greenfield airport. It saw extensive growth of bhogapuram realty and became the ever successful realty in North Andhra. People start buying open plots, lands even at hefty prices and it shows the increasing price trend.
For people who are looking for an investment with high returns, this is the time. In comparison to the current price trend vs 2015 price trend, there is a lot of increase in prices and it will see a continuous trend in the future. Thus, your money will receive a huge appreciation in very less time as Bhogapuram is the new realty hub.
Here is the list of open plot ventures of Bhoomatha Group located near Bhogapuram.
- Emerald City: A venture very close to Bhogapuram Airport with best-in-class features. Bhoomatha is offering a very effective and competitive price to make it a middle-class friendly venture.
- Amaravati Green City: A fully-developed venture close to Bhogapuram with all amenities like Club House, Private Cottages, Swimming Pool, Kids Play Area, Birds Zone, Rain Dance, Boat Club, Function Hall, etc.,
- Thalluri Township: A perfect investment venture with high returns located at Polipally near Bhogapuram. Highway facing ventures in Visakhapatnam.
- Brindavanam: One of the fastest-growing ventures in Visakhapatnam located in Jonnada, near Raghu Engineering College.
- Sai Dharani Township: Open Plots Venture in Anandapuram.