Thu Dec 18 04:14:44 UTC 2025: Okay, here’s a news article summarizing the provided text:

Visakhapatnam Real Estate Poised for Growth, Propelled by Infrastructure and Investments

VISAKHAPATNAM, INDIA – December 18, 2025 – Visakhapatnam’s real estate sector is on the cusp of a significant growth phase, fueled by substantial investments in the region and improvements to local infrastructure. According to V. Dharmender, Chairman of CREDAI Visakhapatnam, announcements regarding major projects like the Google Data Centre, investments from TCS and Cognizant, and the development of Aviation City have already spurred increased demand for property.

Mr. Dharmender announced at a press conference on Wednesday that the 11th CREDAI Property Expo, scheduled for December 19-21, aims to capitalize on this positive market outlook. He highlighted the North Andhra region’s transition from a source of outward migration to an area attracting skilled professionals. This shift, coupled with ongoing investments, the upcoming Bhogapuram International Airport, and Visakhapatnam’s strategic position as the headquarters of the Regional Economic Zone, is expected to foster balanced growth in infrastructure, tourism, and clean industries, aligning with India’s Viksit Bharat 2047 vision.

E. Ashok Kumar, President of CREDAI Visakhapatnam, noted the accelerated development activity across various sectors during the current NDA government’s tenure. He stated that the property expo would offer buyers a crucial platform to evaluate projects and make well-informed decisions, ultimately benefitting price-conscious consumers by providing verified options in a single location.

The Property Expo, which boasts 71 stalls representing diverse categories, including banks and financial institutions offering on-the-spot loan approvals, will be inaugurated by Municipal Administration and Urban Development Minister P. Narayana on December 19th, with Tourism Minister Kandula Durgesh attending the closing ceremony on December 21st.

V. Sreenu, honorary secretary of CREDAI Visakhapatnam, emphasized the expo’s role as an annual reflection of the builder community’s collective strength. He noted the scale of this year’s event, supported by recent government initiatives aimed at bolstering the construction sector.

Ch. Govinda Raju, the Property Expo convenor, added that as part of CSR initiatives, stalls have also been allotted to Andhra University’s Architecture Department, ISKCON, Apollo and GITAM.

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