Vizag Enters a New Phase of Growth

Visakhapatnam is witnessing a clear shift in its growth trajectory. Once known primarily for its coastline and port-driven economy, the city is now steadily evolving into a significant IT and services hub on the East Coast.

A key milestone in this transition is Cognizant’s upcoming IT campus at Kapuluppada.

Cognizant’s IT Campus and Its Economic Impact

Cognizant has laid the foundation for its IT campus at Kapuluppada with an investment of over ₹1,580 crore. The project is expected to generate close to 8,000 jobs over time, bringing a large, skilled workforce into the city.

Such large-scale IT investments do more than create employment. They act as long-term economic anchors, influencing infrastructure development, mobility patterns, and urban expansion across surrounding regions.

What IT Expansion Means for Real Estate in Vizag

IT growth has a direct and measurable impact on real estate markets. As employment hubs expand, demand rises for residential housing, rental accommodation, plotted developments, and commercial spaces.

In Vizag, this demand is already translating into faster rental absorption, growing interest in mid-market and premium housing, and the emergence of new growth corridors. Importantly, many such corridors are coming up not only within Visakhapatnam city limits but also across the Visakhapatnam and Vizianagaram districts, driven by improved connectivity and infrastructure planning.

These corridors often mature over time, rewarding buyers and investors who identify them early.

Assure’s Approach to Emerging Growth Corridors

At Assure Developers, growth is not viewed as a short-term opportunity but as a long-term responsibility. We closely track infrastructure investments, employment hubs, and regional planning signals to identify areas with sustainable development potential.

By focusing on responsible planning, clear documentation, and long-term value creation, Assure aims to develop projects that align with where the city is headed, rather than reacting to temporary market hype.

Building in Step with Vizag’s Future

As Visakhapatnam strengthens its position as an IT-driven city, its real estate market is not just expanding, it is maturing. Developments anchored in strong fundamentals, connectivity, and future-ready planning will define the next chapter of growth.

Assure Developers continues to build in step with this evolution, creating spaces that reflect foresight, responsibility, and lasting value.