Budget 2014: Proposals for Kakinada

During his speech while presenting

the Union Budget for the fscal
2014-15, Finance Minister run
!aitle" pronounced that the
go#ern$ent has identifed %a&inada
town, in 'ast (oda#ari district of
ndhra )radesh as a potential hu* for
harware $anufacturing+ ,e said
that %a&inada *eing an i$portant
port town has the potential for
tre$endous de#elop$ent which could *e a trigger for econo$ic growth in
the region+ ,owe#er, no ti$e fra$e was set for underta&ing these
de#elop$ent $easures+
About Kakinada
%a&inada is a port cit" as well as a $unicipal corporation located a*out 4-5
&$ east of the co$*ined state capital of,"dera*ad and is the capital of 'ast
(oda#ari district Besides *eing a port cit", it is also called as a .Fertiliser
/it"., .)ensioner0s )aradise0 as well as .1econd Madras0+ 2t is the fourth
largest cit" in ndhra in ter$s of area as well as the si3th largest in ter$s of
population+ 2t is renowned for the presence of a 1eaport and the ,ope 2sland+
4he port is located at a distance of a*out 5 &$ fro$ %a&inada coast+
Connectivity
%a&inada is well connected to i$portant destinations in the #icinit" through
so$e $a5or roads+ 2t is a*out 156 &$ south-west of 7isa&hapatna$ along the
8,-214 as well as the 8,-5+ Besides, it is a*out 215 &$ north-east of
7i5a"awada along the 8,-5, the 8,-214 as well as the 1,-40+ 1o$e of the
other $a5or roads that pass along %a&inada are the %a&inada 9oad, the
%otipall"-%a&inada 9oad, the :harf 9oad, the Dair" Far$ 9oad,
the1a$al&ota-%a&inada B"pass+ 2t has a wide road networ& with )194/
*uses pl"ing through the area and it *eing dotted *" $an" *us stops+ 4he
%a&inada 9ailwa" station is located 5ust a*out 6 &$ awa" fro$ the cit"
center while the nearest airport is the 9a5ah$undr" airport which is located
a*out -2 &$ awa" along the DB 9oad+
Infrastructure
%a&inada is renowned for its #arious infrastructure facilities+ 1o$e of the
reputed schools here are the 8ew /a$*ridge 'nglish Mediu$ 1chool,
shra$ )u*lic 1chool, Bhash"a$ )u*lic 1chool, a$ong others+ 4here are also
so$e other pro$inent educational institutions li&e the !awaharlal 8ehru
4echnological Uni#ersit" and the 8ara"ana !unior /ollege, a$ong others+ 4he
area also has so$e i$portant hospitals li&e pollo ,ospital, 1ai 1udha
,ospital, 1ri ,ospital and /hristian /ancer /enter, a$ong others+ 1o$e of
the i$portant religious institutions in %a&inada are 1a$pa#ara$ 1ri
Bha#annara"ana 1wa$" te$ple, 4ripura 1undari te$ple and Bi*le Mission
/hurch, a$ong others+ Besides, there are other facilities li&e *an&s,
shopping centers, restaurants, entertain$ent centers, par&s and water
*odies, a$ong others+
%a&inada is also part of a 1pecial 'cono$ic ;one <1';= as well as a
proposed )etroleu$, /he$ical and )etroche$ical 2n#est$ent 9egion <)/)29=+
2t is also an i$portant hu* of regional deep-sea e3plorator" acti#it" due to its
deep-water seaport as well as its pro3i$it" to gas felds+ 2t is renowned for
the %a&inada 2ndustrial rea, the 1il&road 1ugar 9efner", the /ora$andel
Fertilisers and /he$icals >td and the 8agar5una Fertilisers and /he$icals,
a$ong others+
eal !state develop"ent
Besides *eing a seaport and an industrial hu*, %a&inada is also an i$portant
residential destination+ 1o$e of the i$portant residential poc&ets in the area
are 4eachers /olon", Maruti 8agar, n5ane"a 8agar, 4hi$$apura$,
)anasapadu, F/2 /olon", 9a"udupale$, 7a&alapudi, 7alasapa&ala, )22/
/olon", 9a$ana"apeta, >alitha 8agar, 1arpa#ara$, Madha#apatna$,
8arasanna 8agar, )ratap 8agar, 9a5endra 8agar, 9a5eshwari 8agar, 2ndra
)ale$, sho& 8agar, Dwara&a 8agar, %onda""a )ale$, 9a$$ohanra5a
8agar, Bur$a /olon", "odh"a 8agar, 1hanti 8agar, 9a$a 9ao )eta,
)alla$ra5u 8agar and 1ur"anara"ana )ura$, a$ong others+
#uture Prospects
4he *udgetar" proposals intended for %a&inada is *ound to ha#e a positi#e
i$pact on the de#elop$ent of the real estate $ar&et in the cit"+ B"
de#eloping the port cit" into a hu* for hardware $anufacturing, it would
result in the cit" *eing transfor$ed into a $a5or industrial hu* in the region
with the increase in e$plo"$ent opportunities+ 4his would lead to the need
for additional housing re?uire$ents where residential de#elopers can cash in
on+ s a result, land #alues are e3pected to increase leading to in#estors
getting health" returns on their in#est$ents+
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