Growth is the buzzword

Hyderabad, one of India’s top IT centers, has witnessed rapid growth in population levels due to increased employment opportunities in the city’s expanding IT, pharmaceuticals, biotechnology and financial sectors.

Hyderabad, the capital of Andhra Pradesh, is internationally known as the city of Pearls and minars. The following analysis places a better perspective on Hyderabad being a better place for real estate investment:

A comparative study of large Asian cities was undertaken based on eight parameters like Public Health, Air Pollution, Living Space, Traffic Flow, Public Safety, Housing, Peace and Quiet and Education.

In terms of speed of traffic during rush hours, Hyderabad is better than Mumbai and Madras. Hyderabad obviously is happier than Mumbai in terms of density expressed in persons per room. Hyderabad is also apparently better than Calcutta, Delhi and Ahmedabad in terms of percentage of houses with water and electricity. Hyderabad is also safer than Madras, Calcutta and Delhi in terms of air and noise pollution.

West Hyderabad

In Hyderabad, the majority of development is happening in west part. West Hyderabad consists of places that are marked by industrial estates and technological parks. The western regions have witnessed tremendous changes in the last few decades. Following the technological revolution Hyderabad city has been gaining popularity and much of it resides at the aforementioned places. The Hitech City featuring some of the best IT parks of India is one such place.

The regions that fall to the west of Hyderabad include Banjara Hills, Hitech City, Jubilee Hills, Langar House and Mehdipatnam, Gachibowli, Golconda, Humayun Nagar, Jublee Hills, Karwan Road, Kondapur, Langar House, Madapur, Chandanagar, BHEL, Narsinghi Road, Nanakramguda, Tellapur, Rajendra Nagar, Shanti Nagar, Tolichowki, Vijaya Nagar Colony. The regions apart from industrial estates and technological parks, also house many residential localities. Provided at these places are some fine hotels and restaurants of Hyderabad.

In its road to development, Hyderabad has stretched its municipal limits towards other places as well. The construction of the international airport, the Outer Ring Road and proposed elevated expressway corridor are giving more growth prominence to Hyderabad. The residential localities in the heart of the city are giving way to commercial and retail spaces.

IT Corridor

Proposed Reliance 100 floor skyscrapers, Kokapet, Tellapur, Gachibowli, Hitech City Shamshabad areas are collectively known as IT Corridor are now under tremendous growth path. Many multinational companies of diverse business are establishing their office in these areas.

Development

Real estate in Hyderabad is an attractive prospect even though values have appreciated a lot in the past couple of years. There are attractive opportunities available within the city and in the outskirts with abundant access to land, apartments, office and retail space and many of these hold excellent growth possibilities. The international airport at Shamshabad will only further this growth and align the city's growth path better.

Hyderabad has strong entrepreneurship traditions and this has resulted in business growing well and providing large employment. The growth of the information technology, software, pharmaceutical, bio-technology and business process outsourcing industries is further enabling expansion and appreciation in land and opportunities. The retail movement has also set in well to address the needs of an upwardly mobile population.

Future

Hyderabad with its improving business climate and infrastructure and affluent population offers large opportunity for business ventures, facilities for software development, research and outsourcing. Its social infrastructure and growing stature also makes it an attractive place to live in.

Real estate as an investment should progress with a strong upward movement over the next few years and might actually be also good in the short term of 1-2 years besides an almost certainty of growth over the medium term of 5-10 years.

Hyderabad Outer Ring Road

The Govt. of AP, proposed major infrastructure facilities in Hyderabad city and one of them is. the orbital linkage to decongest the traffic flow on the existing major arterials. The Outer Ring Road should be viewed as road -cum- area development project since the aim is the development of well planned and and well connected Urban settlements around the Hyderabad Metropolitan area. The 159 km long ring road connects Patancheru- Shamshabad- Hayathnagar- Medchal ­Patancheru providing connectivity to various State Highway and National Highways, to by pass the city of Hyderabad . The importance of the proposed corridor being,

- Relieves congestion on metropolitan area and inner ring road and meets the future demand.
- Provides orbital linkage to radial arterial roads
- Creates options for development of the further satellite townships
- Provides linkage to the proposed MRTS and Bus system
- Provides quick access to the International Airport from Strategic parts of the city
- Connects various new urban nodes outside the city like Hi- Tech city , Games village, lIlT, - ISB, Hardware Park, Singapore Township Financial district etc.,

Considering the anticipated growth in the region and development of the proposed satellite townships around the ring road and beyond, and the traffic thereby generated, an 8-lane divided carriage way is planned for a design life of 20 years.

Check Outer Ring Road Map