Where Visakhapatnam's Next IT Address Meets Elevated Urban Living
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K Corp IT Hills 3 Visakhapatnam is K Raheja Corp's entry into Andhra Pradesh's most actively expanding IT district — a 27.10-acre mixed-use development at IT Hill No. 3, Madhurawada SEZ, planned with a total built-up programme of approximately 2.9 million square feet spanning Grade-A office space and premium residential towers. The project carries a total committed investment of Rs 2,172.26 crore, signalling the depth of conviction behind its conception and execution.
The address is deliberately chosen. Madhurawada's IT SEZ already hosts three of India's largest IT services firms, and the broader northern Vizag corridor is being shaped by Google's announced AI data-centre partnership and a wave of multinational occupiers seeking modern campus environments. Residents and occupiers at IT Hills 3 will live and work within walking distance of that institutional momentum, while retaining the spatial relief of an elevated hilltop setting above the city grid.
K Raheja Corp brings to this project the same development sensibility that shaped Mindspace Business Parks in Madhapur, Hyderabad — one of India's earliest large-scale IT campuses — and the residential communities of Raheja Vistas at Nacharam and Raheja Vivarea in Mumbai. The group's commercial portfolio, managed through the publicly listed Mindspace Business Parks REIT, covers over 33 million square feet of leasable area across four major office markets, giving it a depth of campus-planning and mixed-use expertise that few Indian developers can match. That institutional DNA is visible in the way IT Hills 3 has been conceived: not as isolated towers but as a phased, integrated district.
The project will be developed in two phases. Phase 1 targets commercial buildings by 2028 and residential complexes by 2030, contributing 9.59 lakh square feet and an investment of Rs 663.42 crore. Phase 2 extends the commercial programme to 2031 and residential to 2035, adding a further 19.06 lakh square feet at Rs 1,418.84 crore. The phasing allows the residential component to track actual occupier demand as IT campuses come online — a responsible sequencing that reflects K Raheja Corp's track record of delivering large, multi-year estates rather than quick-turn projects.
For those seeking a residence in Visakhapatnam's emerging technology and lifestyle corridor, K Corp IT Hills 3 offers a rare combination: developer credibility drawn from six decades of real estate history, a site of genuine strategic significance within a notified SEZ, and a city whose urban trajectory is accelerating in measurable, documented ways. Registering interest now places buyers at the front of a long-cycle opportunity that is still in its earliest chapter.
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IT Hill No. 3, Madhurawada IT SEZ, Visakhapatnam, Andhra Pradesh · Madhurawada IT Hills 3 · Visakhapatnam
Madhurawada sits approximately 16 kilometres northwest of Visakhapatnam's city centre along National Highway 16, the arterial corridor connecting the Bay of Bengal coast to the northern and southern regions of India. The locality has evolved rapidly into one of Vizag's most sought-after residential and commercial zones, anchored by the Madhurawada IT Special Economic Zone — a notified SEZ that already hosts campuses of TCS, Cognizant, and Accenture across Millennium Towers 1 and 2. Its position on NH-16 provides direct access to Rushikonda Beach, Shilparamam arts village, and the wider northern suburban belt.
IT Hill No. 3 sits within this SEZ cluster, placing K Corp IT Hills 3 at the precise intersection where institutional-grade IT infrastructure meets elevated residential demand. The site occupies 27.10 acres on the hilltop precinct, offering elevation, openness, and separation from the denser low-lying road grid below. Google's announced AI data-centre hub in Visakhapatnam — expected to catalyse a fresh wave of technology companies into the city — makes this address particularly timely for both end-users and long-horizon investors.
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The approved Vizag Metro Phase 1 includes a corridor from Steel Plant Junction to Kommadi passing through Madhurawada and Shilparamam, with 46.23 km of elevated track and 42 stations; Phase 1 civil works scheduled to begin in 2025, directly enhancing connectivity for IT Hills 3 residents.
The new Bhogapuram International Airport, located north of Visakhapatnam, is under active development and targeted for completion by 2026, replacing the existing airport and significantly expanding the city's air connectivity for business and leisure travel.
Google's announced $15-billion AI-focused data centre investment in Visakhapatnam, structured in partnership with Adani Group and Airtel, is expected to anchor a new wave of multinational IT demand directly benefitting the Madhurawada SEZ cluster.
A 500-acre Data City cluster is being developed within and adjacent to the Madhurawada IT SEZ, intended to consolidate Visakhapatnam's role as Andhra Pradesh's primary technology destination and expected to drive sustained Grade-A office and residential demand.
The NH-16 stretch through Madhurawada, which forms the primary arterial connection to the rest of Visakhapatnam and inter-state destinations, is being progressively upgraded, with regional road improvements under VMRDA's urban infrastructure programme reducing travel times across the northern suburban belt.
IT Hill No. 3 sits inside Visakhapatnam's notified IT SEZ at Madhurawada, the same precinct where TCS, Cognizant, and Accenture already operate. Owning a home within this SEZ cluster means permanent proximity to Vizag's most concentrated professional employment zone.
The developer's Mindspace Business Parks REIT manages over 33 million square feet of leasable office space across four Indian cities. That campus-planning depth — applied here to a combined residential and commercial district — is a rare guarantor of long-term asset quality and managed infrastructure.
At 27.10 acres and 2.9 million square feet of programmed space, IT Hills 3 is not a standalone tower; it is a self-contained district developed in two coherent phases through 2035, providing residents with a stable, managed neighbourhood environment from the outset.
Google's announced $15-billion AI data-centre hub in Visakhapatnam — in partnership with Adani Group and Airtel — is expected to attract additional multinational IT occupiers to the city, directly expanding the renter and buyer base for premium residential stock in the Madhurawada SEZ zone.
The Visakhapatnam Metro Phase 1 corridor from Steel Plant Junction through Madhurawada to Kommadi has received central government approval, with civil works targeted from 2025. This positions IT Hills 3 as one of the first large residential projects in Vizag to benefit from metro-proximate valuation uplift.
The new Bhogapuram International Airport, targeted for completion in 2026, will replace the existing facility and substantially increase Visakhapatnam's air traffic capacity. Reduced travel times from Madhurawada to the new airport make IT Hills 3 especially well-positioned for senior IT professionals and frequent business travellers.
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