Berggruen Holdings is developing an exclusive property in Vishakapatnam, Andhra Pradesh and located on the eastern shore of India and is about 650 km northeast of Hyderabad. The site is located within the limits of the Greater Vishakhapatnam Municipal Corporation in the Madhurawada Village, with a land size measurement of 5.3 acres.
The site is also closely situated to the 1000 acre SEZ business park, where top IT companies such as Infosys, TCS, Wipro and Kanska Infotech are located.
The city has many commercial and shopping centers. It is well connected by air, road and rail to all the major cities in India.
Real estate demand in Vishakapatnam is increasing significantly and as a result, real estate prices in Vishakapatnam have seen exponential growth in recent years. Given this growth and future prospects, Berggruen Holdings will continue to identify exciting and high quality projects in the region.