Visakhapatnam's 50 MW AI-Powered Data Centre: A Boon for Real Estate and IT Sectors
The real estate community in Visakhapatnam is thrilled with the groundbreaking of the city's first 50 MW AI-powered Edge Data Centre and Open Cable Landing Station, expected to boost economic growth and create numerous IT jobs.
Real EstateData CentreVisakhapatnamIt JobsEconomic GrowthReal EstateOct 12, 2025
E Ashok Kumar, president of CREDAI Visakhapatnam, expressed his enthusiasm for the project. He stated that the initiative would greatly enhance the city’s global connectivity and is expected to create around five lakh IT jobs, providing a major opportunity for local youth. “This is not just an IT project; it is a catalyst for economic growth. The development is likely to drive housing demand, especially in and around the Rushikonda IT SEZ,” Kumar noted.
The real estate sector in Visakhapatnam has been waiting for such a significant boost. The data centre and CLS project is anticipated to revitalize the market, making it more attractive for both investors and homebuyers. With the creation of numerous IT jobs, there is a growing demand for residential properties, particularly in the vicinity of the IT SEZ.
Kumar further added, “With this project, many unsold flats are expected to be purchased, which will give builders the confidence to launch new residential projects on a faster timeline. Until now, developers have been cautious, following a wait-and-watch approach. With proactive initiatives from the state government, we anticipate a strong turnaround in the real estate sector in the near future.”
The AI-powered Edge Data Centre and Open Cable Landing Station are not just technological advancements but also a strategic move to position Visakhapatnam as a key player in the global IT landscape. The project is expected to attract major IT companies and startups, further boosting the city’s economy and creating a vibrant ecosystem for innovation and growth.
In summary, the development of the 50 MW AI-powered Edge Data Centre and Open Cable Landing Station in Visakhapatnam is a significant milestone for the city. It promises to bring substantial economic benefits, create numerous job opportunities, and drive demand in the real estate sector. The real estate community is optimistic about the future, and the city is poised for a period of robust growth and development.
Frequently Asked Questions
What is the significance of the 50 MW AI-powered Edge Data Centre in Visakhapatnam?
The 50 MW AI-powered Edge Data Centre is significant because it enhances the city’s global connectivity and is expected to create around five lakh IT jobs, providing opportunities for local youth and boosting the local economy.
How will the data centre project impact the real estate market in Visakhapatnam?
The data centre project is expected to drive housing demand, especially in and around the Rushikonda IT SEZ, leading to the purchase of unsold flats and giving builders the confidence to launch new residential projects.
Who laid the foundation stone for the data centre and CLS project?
The foundation stone for the 50 MW AI-powered Edge Data Centre and Open Cable Landing Station was laid by IT and HRD Minister Nara Lokesh.
What is the expected economic impact of this project?
The project is expected to create a significant number of IT jobs, enhance global connectivity, and drive economic growth in Visakhapatnam, making it a key player in the global IT landscape.
How has the real estate community responded to this project?
The real estate community, particularly CREDAI Visakhapatnam, is highly optimistic about the project. They see it as a catalyst for economic growth and a major boost for the real estate sector, with potential for increased housing demand and new residential projects.
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