News/City Updates

Kapuluppada IT layout in Visakhapatnam to be inaugurated soon

The IT layout in Kapuluppada, in Visakhapatnam, is being constructed at a rapid pace. It has been reported that the layout, which will be featuring international standards and is likely to be inaugurated by October this year.

It is a known fact that many IT firms, which have evinced interest to launch their operations in Visakhapatnam, have been challenged by the unavailability of sufficient land. However, Kapuluppada IT layout is expected to ease out this problem.

In addition to being located at a scenic location, the layout is being equipped with other attractive features as well. While 8.86 acres of land will be allocated for the parking space, about 30 acres will be developed for the recreational purposes of the employees.

The route uphill would be guarded by safety walls. Also, an estimated sum of Rs 20 crores would be spent for installing water pipelines and a pumphouse along the route.

In September last year, IT Minister Nara Lokesh visited the locale and said 250 acres of land will be developed at Kapuluppada IT Layout to accommodate different IT firms in Visakhapatnam. However, owing to several reasons, the project has hit multiple blockades since then.

The IT layout, once launched, will help in bolstering the IT ecosystem in the city further. Earlier, it was reported that a Millennium Tower-B will also be constructed soon in addition to the already existing tower.

Source- Eenadu

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