AP: Raheja To Invest ₹2,172 Cr In Vizag IT Infrastructure

Leading construction firm Raheja has proposed a major investment in Visakhapatnam, expressing interest in building office and residential spaces for IT companies. The company has informed the Andhra Pradesh govt of its plan to invest ₹2,172 crore and allocate 27 acres in Madhurawada. The project is expected to generate employment for around 10,000 people.