Friday, September 19, 2008

Emerging New Central Business District in the City of Hyderabad

The founding of Hitec City, in year 2000 at Madhapur and the subsequent development of various phases of Hitec City and the Financial and Tech District at Guchibowli has drawn lakhs of highly paid job seekers from all over India into this new locality west of Hyderabad. There is a large concentration of IT companies there including Microsoft, Oracle, IBM, Accenture, UBS, Templeton, Infosys, TCS, Wipro, Satyam, HCL, Amazone, Google etc.

The conversion of Arterial roads in Jubilee Hills which connects Begumpet to Hitec City into Commercial Zone and the shifting of airport out of Begumpet to Shamshabad are now becoming the key drivers behind the emergence of a New Central Business District in Hyderabad. The prospect of Metro Rail and a Rail terminal similar to Secunderabad Station, at Hitec City are added attractions.

The report analyzes history, immediate causes, current status and future impact of the emerging scenario. The report provides vital inputs to Business Houses, Companies, Realty Funds, and Investors in making strategic decisions with regard to investment in Hyderabad.

The Report can be accessed at: http://www.commercial.exclventures.com/HotNews.asp

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