As The Hindu has reported (https://www.thehindu.com/news/cities/Visakhapatnam/vmrda-mulls-development-models-for-it-city-project/article24963344.ece), the newly formed VMRDA (Visakhapatnam Metropolitan Region Development Authority) is planning to build commercial space in Madhurawada.
Madhurawada has seen quite a lot of growth with a lot of people moving to that region since the heart of the city has seen increase in residential rent prices. The number of people working in the IT hills has increased, the demand for housing and allied amenities is also bound to increase.
