The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has unveiled an ambitious plan to develop budget-friendly housing projects aimed at supporting middle-class families in the region. In an effort to address the growing demand for affordable homes, VMRDA’s new initiative will provide quality housing at economical prices across strategically selected locations in and around Visakhapatnam.
According to officials, the project will focus on well-planned layouts with essential infrastructure, including water supply, road networks, drainage systems, and open green spaces. These developments are expected to provide a balanced lifestyle while ensuring financial accessibility for middle-income families.
VMRDA aims to boost urban development while ensuring inclusive growth by providing housing that meets the aspirations of working professionals, government employees, and young families. The authority is currently in the process of identifying suitable land parcels, with plans to initiate construction in phases. The project is also expected to generate employment and spur real estate activity in peripheral areas of the city.
This initiative is a significant step toward realizing the dream of homeownership for the middle class, reinforcing VMRDA’s commitment to sustainable and inclusive urban development in Visakhapatnam.