13 Nov 2024
5 reasons why bhogapuram is the next real estate hotspot in visakhapatnam

Real estate investments are all about timing and location. In recent years, Bhogapuram, a rapidly growing region near Visakhapatnam, has become a prime focus for investors. With the upcoming Alluri Sitarama Raju International Airport, tech parks, luxury developments, and enhanced infrastructure, Bhogapuram is set to be the next big real estate hotspot in Vizag.

Here are 5 reasons why investing in plots in Visakhapatnam, particularly adjacent to Bhogapuram Airport, is a smart move for both local and NRI investors:


1. The Game-Changer: Alluri Sitarama Raju International Airport

Scheduled to open in June 2026, the Alluri Sitarama Raju International Airport is poised to transform the region. The airport will not only boost tourism but also attract businesses, thereby driving up the value of surrounding properties. Land adjacent to Bhogapuram Airport is expected to appreciate significantly, making it a perfect opportunity for those looking to invest in plots for sale in Visakhapatnam.

Proximity to an international airport always drives real estate prices up, and with plots in Vizag near this major development, early investors are likely to reap excellent returns.


2. Proximity to Growing IT and Business Hubs

For professionals and businesses alike, Bhogapuram is ideally located near several tech hubs. Just 6 km away from Miracle Software Park, the region is growing rapidly as a tech-driven corridor. With the rise of the IT industry in the area, the demand for plots in Visakhapatnam is on the rise, making real estate in Vizag an ideal investment for those looking to capitalize on the region's booming tech sector.


3. Luxury Developments Around the Corner

Investing in plots for sale in Visakhapatnam adjacent to Bhogapuram Airport offers access to a growing luxury landscape. Future 5-star hotels like Sunray Beach Front and Oberoi are under development, promising to elevate the premium appeal of the area. This surge in high-end hospitality infrastructure further solidifies Bhogapuram’s place as a premium real estate hotspot.

Owning land for sale in Vizag close to these developments not only ensures a high standard of living but also positions your investment for significant appreciation as luxury projects like these come to fruition.


4. Enhanced Infrastructure and Connectivity

Infrastructure is key to real estate growth, and Bhogapuram is no exception. The newly developed 6-lane Bhimilee Road connects Vizag city to the airport, providing residents and investors with excellent accessibility. This prime location offers seamless connectivity for daily commuters, making plots adjacent to Bhogapuram Airport highly desirable.

Furthermore, with plots in Vizag being located within 10 km of top international schools, 8 km from engineering colleges, and 10 km from medical and dental colleges, the region is perfect for families looking for convenience and quality education. This makes real estate in Visakhapatnam not only a wise financial investment but also an ideal choice for building a future home.


5. Rapid Development and Growing Economy

Bhogapuram is experiencing rapid urbanization, making it a magnet for both local and NRI real estate investments. With the depreciation of the Indian rupee and the rising value of real estate in India, investing in VUDA-approved plots in Visakhapatnam is a golden opportunity for NRIs. In 2022, NRI investments in Indian real estate reached $13.1 billion, and this figure is expected to grow by 12% this year.

Investing in plots in Vizag means you're putting your money into a region that's becoming a cornerstone of Visakhapatnam’s growth story. The combination of rising demand, strong infrastructure, and booming industries makes this region an investment hotspot.


Why The Valley by Santiam Estates?

At The Valley by Santiam Estates, we offer prime VUDA-approved plots in Visakhapatnam, just a stone's throw from the upcoming Bhogapuram Airport. Backed by visionary leader Raja Varma, the Managing Director of Sunray Resorts Pvt. Ltd., Sunray Green Space Pvt. Ltd., and Santiam Estates Pvt. Ltd., this project stands out for its attention to quality and sustainability. With features like quality water supply, smart streetlights, and natural fencing, The Valley creates a perfect blend of comfort and eco-conscious living.

The vision behind The Valley is to create green urban spaces that enrich both lifestyle and investment potential, offering amenities like:

  • Large water bodies
  • Swimming pools
  • Greenhouse excellence
  • Prime location in a rapidly developing area

For NRIs, plots in Visakhapatnam offer not only a great return on investment but also the chance to be part of a growing community that blends modern luxury with natural beauty. As the Managing Director Raja Varma puts it, "Real estate should nurture the soul," and The Valley does just that.


The Time to Invest is Now

The combination of rapid development, enhanced infrastructure, and the upcoming Alluri Sitarama Raju International Airport makes Bhogapuram the next big thing in real estate in Vizag. Whether you're looking for plots for sale in Visakhapatnam or an opportunity to invest in one of India's fastest-growing cities, now is the time to make your move.


Disclaimer: Real estate investments are subject to market risks. Investors are advised to consult professionals before making any decisions.

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