Review of Bhogapuram, Visakhapatnam

Bhogapuram in particular is an upcoming locality with future potential. It has become a major attraction for investors with Govt. of AP signing an agreement with GMR Airports for construction of a greenfield international airport at Bhogapuram. Investing in the development around Bhogapuram will ensure high-returns in the long run.
Bhogapuram, from where three districts of Andhra Pradesh viz., Visakhapatnam, Vizianagaram and Srikakulam stand to gain maximum benefits. This locality showcases approved residential gated community plots with state-of-art amenities.

Pros

• If Hyderabad is Bhagyanagar of Telangana, Bhogapuram will be the Bhagyanagar of AP
• A Central Point for three districts viz., Visakhapatnam, Vizianagaram and Srikakularm
• There will be high demand for reputed developers with minimal execution risk.

Cons

• The hype keep prices on their upward trajectory
• Only economic crisis affects the sentiment regarding safe investment