Hyderabad‘s Hi-Tech city the next investment destination

Hi Tech City is one of the major industrial hubs in Hyderabad which is an abbreviation for Hyderabad rnInformation Technology Engineering Consultancy City. It is situated at the north western part of the city. The place is also called as Cyberabad or popularly known as Madhapur. It is located in vicinity with Jubilee Hills which is at the eastern side. The state government has been investing a significant share in the development of digital infrastructure here, which along with adjoining corporate area is known as Cyberabad. Being an upcoming IT district, the area is also one of the most preferred residential localities by the working professionals, hailing from Hyderabad as well as people migrating from other parts of the country. Hi-Tech city is a technology driven high tech city that has been developed to provide world class infrastructure facilities to IT industry under one roof. These facilities have attracted many MNCs to set up their head offices here. Some of the neighboring localities are Sharthpur, Kondapur, Gachibowli, Nanakramguda, Manikonda, Thellapur etc. The areas that comes under Hi Tech City are Huda Colony, Madhapur and Parvati Nagar. The whole area is spread across 151 acres acres of land. Real estate is shining in this area as the professionals in the IT companies are on a rise. Many upcoming projects are to be seen in the vicinity. Hitech City is around 20 minutes from the centre of Hyderabad and those working here can avail city buses and cab facilities for travelling. The Multi Modal Transport System connects areas like Lingampally, Falaknama, Hitech City, Dairpura, Malakpet, Secunderabad and Nampally. For connecting Hitech City, NH7 and ISB, an Outer Ring Road has been proposed for the area. The closest railway station to Hitech City is the Borabanda Railway Station, which is a drive time of 12 minutes via the Main Road. There are several good educational institutions in Hitech City. These social infrastructure facilities have further escalated the charm of living in HITEC City. The high rate of appreciation is driven by higher demand along with top quality infrastructure as discussed above. The market‘s up-scale prices are driven by the social and civic infrastructure available in the area. The apartments in Hi-Tech city are the mostly sought after style of housing and with this we can also find a lot of independent homes. In the initial days huge availability of land parcels was the reason for the development of independent homes in the area. That being said, major portion of Hi tech city thrives on the rental market. IT employees who wish to rent to have the option of being able to move locations prefer an area like Hi Tech city for its prime locality, connectivity and the lifestyle it offers. The high rate of appreciation is driven by higher demand along with top quality infrastructure. Being an upcoming IT district, the area is also one of the most preferred residential localities by the working professionals, hailing from Hyderabad as well as people migrating from other parts of the country.