Residential and Commercial Property in Hyderabad
Hyderabad, the capital city of Andhra Pradesh was earlier known more for its pearls, Nawabs and mouth watering cuisine than for its progressive image now as a hi-tech city. It shot into the limelight as it aggressively wooed IT majors from overseas, and continues to be one of India’s first cities to lead the IT revolution in India.
The next decade will witness a quantum leap in business, as Rs. 70,000 crore will be dedicated to various projects in the city. These include: the Infosys Software Park as it relocates from Bangalore to a campus 4 times its size, a Hardware Park on 2500 acres, the Nanotech Park on 1100 acres, a Gems and Jewellery park on 200 acres, a Textiles Park on 500 acres, the Reliance LPG facility on 25,000 acres, an Aero Park for Aero space and Aeronautics and the Trade Centre Tower.
The expansion of the city has led the Hyderabad Metropolitan Development Authority to augment the civic infrastructure in the city. The 8-lane Outer Ring Road will circle 170 kms on Hyderabad’s periphery, free of traffic signals and supported by service lines.
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