5 IT Companies Get Land in Vizag: ₹19,000 Crore Investment Pledged
Andhra Pradesh government allocates land to major IT firms for data centers, campuses, and mixed-use developments.
📊 Investment Overview
| Company | Land (Acres) | Location | Investment (₹ Cr) | Jobs |
|---|---|---|---|---|
| Sify Infinit Spaces 550 MW Data Centre |
3.6 + 25 (Madhurawada + Paradesipalem) |
IT SEZ Madhurawada, Paradesipalem | 15,266 | 600 |
| Phenom People AI Talent Platform |
0.45 + 4 (Madhurawada + Rushikonda) |
Madhurawada, Rushikonda IT Park | 207.5 | 2,500 |
| Sattva Group IT/Mixed Development |
30 | Hill No. 4, Madhurawada | 1,500 | 25,000 |
| ANSR Global Global Innovation City |
2.5 + 7.79 (Hill No. 3 + 4) |
IT SEZ Hills 3 & 4 | 1,000 | 10,000 |
| BVM Energy Mixed-use Development |
10 | Yendada | TBA | TBA |
💰 Land Pricing
- ₹1 crore/acre: IT SEZ Madhurawada (Sify)
- ₹50 lakh/acre: Paradesipalem (Sify)
- ₹4.05 crore/acre: Madhurawada & Rushikonda (Phenom)
- ₹1.5 crore/acre: Yendada (BVM), Hill No. 4 (Sattva)
- ₹0.99 total: IT SEZ Hills 3 & 4 (ANSR)
⏰ Key Timelines
- Sify: Operations within 2 years
- Phenom: 1 campus operational in 12 months, 1,250 jobs in 2 years, additional 1,250 jobs in next 2 years
- Sattva: 1M sq ft in Years 1-3, 9M sq ft by Year 5
- ANSR: Operations within 3 years
- BVM: Minimum 2.5M sq ft mixed-use development
🏢 Development Features
- Mixed-use permissions: Employee housing, retail, entertainment, medical, education facilities
- Policy benefits: Qualifies under AP IT & GCC Policy 4.0 (2024-29)
- International presence: Phenom operates in US, Netherlands, Israel, UK, Germany
Total Investment: ₹19,000+ crore
Total Jobs: 38,100+ positions
Approval Process: APEDB → CCITEI → SIPC → SIPB → State Government