After Hyderabad, Vizag & Amaravati turn into alternate places for realty boom

After Hyderabad in Telangana, many are evincing interest to invest in realty in Vijayawada-Amaravati region and Visakhapatnam due to their projected growth ahead.

"Though we stand nowhere compared to Hyderabad, which has seen phenomenal growth following a boom in IT and biotech in past decades, Visakhapatnam is considered as a safe place for investment due to its robust infrastructure, the second after Hyderabad in the two Telugu-speaking States. Now Vijayawada-Amaravati region is also seeing spurt in realty prices due to top priority being accorded by the TDP-led NDA Government for building a futuristic capital city," CREDAI Andhra Pradesh president Bayana Srinivasa Rao told Bizz Buzz.

When contacted, Abhishek Raj, Founder & CEO of NOIDA-based Jenika Ventures, said over the past few years, Hyderabad has not merely expanded—it has become one of the most

dynamic and progressive residential real estate centers in India.

"Unlike most other emerging cities, growth here is not coincidental but rather the outcome of conscious, visionary city planning and controlled economic growth. The city's pharma, financial, and tech sectors have spawned a steady stream of jobs, attracting professionals and families alike from all over the country. This expansion is translated directly into steady residential demand, especially in the Western Corridor."

He stated that Gachibowli, Nanakramguda, and Hitech City are magnets for luxury and mid-segment residential housing, driven by good infrastructure, metro access, and high-growth job centers.

To a specific question, he said in Andhra Pradesh, Amaravati and Vijayawada, though promising, are in the early stages of maturing and experience a lower growth rate of residences. Hyderabad presents an integrated ecosystem—economic stability, quality education, world-class medical facilities, and luxury lifestyle amenities—all within reach.

"The consistent Weighted Average Saleable Price (WASP) growth of the Western Corridor is proof of market resilience and consumer optimism. As Hyderabad continues to draw investment and talent, we believe it is not only a market of opportunity but also of aspiration, long-term value, and ongoing residential growth," Abhishek said.

Another prominent stakeholder in the realty sector, Jitendra Goyal, Director- Channel Sales, Trisol Red Group of Companies, also NOIDA-based, said Hyderabad and Telangana together are one of the finest examples of integrated real estate development in India today.

He told Bizz Buzz: "We observe here the coalescence of opportunity in terms of frenetic commercial demand fueled by the IT and finance sectors and concurrent residential

expansion fueled by job creation and mobility. Western Corridor passing through Gachibowli,

Hitec City and Nanakramguda is a perfect casebook of how intelligent infrastructure

planning spurs office space absorption as well as improved residential development.

"This is where there is a seasoned live-work-play ecosystem, for which professionals are in greater demand today's comparatively younger in the game than Andhra Pradesh, whose cities like Vijayawada are emerging as commercial or residential centers, with Telangana being an

instant advantage. Outer Ring Road, metro connectivity, proximity to the airport, and emerging locations like Genome Valley create unparalleled synergy for mixed-use projects. Demand is on the rise for integrated developments with co-working, co-living, and lifestyle retail offerings in walkable communities," he said.