Visakhapatnam Metropolitan Region Development Authority (VMRDA) has approved a landmark residential development in Madhurawada: six ultra-tall residential towers, each rising to 50 stories atop a 4.07-acre plot near Pebble Towers. This marks one of Andhra Pradesh’s most ambitious towers yet.
What to Expect
These towers will offer a mix of 3BHK, 4BHK, and luxurious 4BHK duplex apartments. Designed at par with upscale gated communities, the project will include:
- Clubhouse and children’s play area
- Swimming pool with deck
- Jogging and cycling tracks
All units are slated to be developed under a public-private partnership (PPP) or Joint Venture (JV) model.
Affordable Housing Footprint
VMRDA also approved affordable housing for middle-income groups across key areas like Mithilapuri (Madhurawada), Marikavalasa, and Vepagunta. These Multi-Storey Apartment (MIG) complexes will feature 2 BHK, 2.5 BHK, and 3 BHK flats. By offering these through the PPP framework, VMRDA aims to make housing more competitively priced than private market offerings.
The Big Picture: Why It Matters
- First housing project by VMRDA: While the authority has laid out multiple plots under previous schemes, this marks their first major move into actually constructed housing.
- Bridging the Middle-Income Gap: Traditional government schemes focus on low-income or homestead grants; VMRDA is now targeting a wider demographic with ready-to-move housing.
- Long-term Revenue and Urban Planning: The initiative improves urban infrastructure, leverages VMRDA’s extensive land bank, and provides steady returns to the authority.
Timeline & Stakeholders
- The project received formal approval on July 4, 2025, in a meeting chaired by VMRDA Chairperson M. V. Pranav Gopal, who was joined by Municipal Administration & Urban Development Secretary Suresh Kumar and Commissioner K. S. Viswanathan.
- While final pricing details are pending, the foundation stone is expected in the coming months, with construction to follow soon after.
