The capital region of Andhra Pradesh is faced with severe shortage of office accommodation. As many as 40 corporate houses and IT companies have been unsuccessfully scouting for office accommodation for the last one year in Vijayawada and surrounding areas. Even Visakhapatnam city does not have sufficient space to house private offices. About 30 IT companies owned by people of Andhra origin approached the AP government a year ago expressing their willingness to launch operations in the capital region. “We are coordinating with local real estate dealers and the state government on office accommodation.
Read more: Economic Times
