According to the grapevine, the main actor Pawan Kalyan Jana Sena says it has purchased land in elegant, busy area of Vizag. Pawan apparently distributed a large sum of own property in the port city. It is learned that the only non-residential land and commercial property.
Amid widespread speculation that Telugu Film Industry has plans to move its base from Vizag or Tada, and already several film fraternity, including Telangana, bought land around Vizag, Pawan Kalyan land purchase is putting gossips in T-town. However, we learned that it is more like a future investment keeping in mind and the actor-politician says he has no immediate plans to move its base.
Meanwhile, the real estate sector is booming in Vizag especially post Hudhud cyclone. Since the government of AP, Center have declared their joint plans to develop the city into a smart city with an every-overhead Metro Rail Project, many are vying to establish their investments in Vizag. Added to this, the rates in Vijayawada and Guntur have reached heights that forces many to look Vizag which is expected to be the future destiny of the IT industry.