Vizag on the Watchlist — India’s Next Coastal Tech-Logistics Hub?

This Diwali, I was in Bangalore at my sister’s place.

Post-dinner conversations revolved around personal finance and wealth building.

A year of muted equity market returns has pushed people back toward hard assets.

Naturally, the hunt for the next “real-estate multibagger” dominated the table.

Stories floated around about those who entered early into infra-led corridors like Dwarka Expressway or North Bangalore.

These micro markets have clearly outpaced the rest.

Which led to the larger question: which city still feels early?

That's when Vizag came up.

• Google has announced a USD 15 billion full stack AI and data centre investment - its largest outside the US.
• Chandrababu Naidu is back - the same chief minister who once helped turn Hyderabad into Cyberabad.
• A new international airport is already under construction.
• Vizag is a natural deep-water port city with existing strategic relevance.
• The eastern coastline currently lacks a breakout urban-tech anchor after Kolkata’s stagnation.

If these forces align, Vizag could evolve into a coastal AI-Logistics-Digital hub over the next decade.

Pricing in several micro-markets still sits near the ₹5,000 per sq ft mark.

Historically, infra-backed cities emerging from this price base often re-rate faster than already-expensive hubs trying to jump from ₹12,000 to ₹25,000.

But key questions remain:

• Does Vizag’s terrain suit high-rise IT corridors or plotted expansion?
• Will tech-led housing demand lead before port-driven logistics capital?
• What is the realistic gestation period before the narrative converts into price momentum?

I’m not calling it a buy just yet but placing it on the watchlist to study whether it deserves conviction later.