
VMRDA Unveils Vision: Vizag to Become 'Bay City' and 'Miami of the East'
The Visakhapatnam Metropolitan Region Development Authority (VMRDA) is advancing a bold, long-term strategy to transform Visakhapatnam into a global urban destination, rebranding the city as the 'Bay City' or the 'Miami of the East.' This ambitious plan, which aligns with the NITI Aayog's Growth Hub Strategy, is set to drive comprehensive infrastructural and economic growth across the region.
Key Highlights of the Expansion Plan:
- Integrated Development: The overall strategy includes developing two massive urban extensions: Vizag 2.0 and Vizag Bay City, designed to absorb future population and economic growth in a sustainable manner.
- Land Pooling Scheme (LPS): To finance the major infrastructure without heavy debt, the VMRDA is actively implementing a large-scale Land Pooling Scheme (LPS). This scheme covers thousands of acres and is crucial for creating a land bank to fund key projects.
- Funding Major Infrastructure: Proceeds from the monetized pooled lands will directly fund high-priority projects such as the Vizag Metro Rail and the development of major new road networks.
- Government Support: The vision is strongly supported by the State government, with official Government Orders (G.O.) recently authorized to greenlight the land pooling for these long-term expansion initiatives.
Source of Information:
This news is based on reports quoting VMRDA officials in major publications, including The Hindu, The Hans India, and The New Indian Express (articles primarily from August 2025).