When you are to consider the various factors that constitute to the brand and image of a city, the film industry plays a key role. Wherever a film industry has its base, the glamour and hype for that region is always high. This is one reason why Hyderabad has become hotbed for real estate investments.
Now, there is a talk that a filmnagar might just come up in the city of Vizag as well. This can happen if its Chief Minister Chandrababu Naidu announces. Post the announcement, that area will get craze. Though cinema is not a great revenue generator for the state exchequer there are other benefits.
It will have great brand value and craze. The city of Hyderabad saw that when Tollywood started migrating from Chennai city. Now, if another filmnagar comes up in Vizag, the land prices are certainly going to shoot up. Over to the authorities and the administration then.
