By: Lokesh Goyal
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.
Rated as the fourth fastest growing city in the world by the US based International Market Research Report, Hyderabad is a trend setter for other emerging cities aspiring to cash in on the IT boom. Its twin city Secunderabad, across the Hussain Sagar Lake has shared its success and supported its growth. Hyderabad is well on its way to becoming a global city with India's first Fab City, a silicon chip manufacturing facility being setup with an investment of $3 billion by the AMD-SemIndia consortium.
Hyderabad has a large talent pool, and known for its research institutes and academic institutes, both privately run and promoted by the government. The Birla Institute of Technology will add to the resource pool as it sets up its third campus in India on 200 acres at Jawaharnagar near Shamirpet.
The Hyderabad Information Technology Engineering Consultancy City, or HITEC City is a 151 acre self-reliant business park, jointly controlled by the Andhra Pradesh Industrial Infrastructure Corporation and Larsen and Toubro, and home to the who's who of the IT industry, both national and international.
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.
Infrastructure
Hyderabad has efficient inter city links through air, road and rail. Within the city, apart from an excellent bus transport network, the MMTS rail connects various parts of the city with Hyderabad, Secunderabad, Lingampally and Falaknuma. Hyderabad is scheduled to get a Metro system to help ease urban congestion.
A new international airport was under construction by GMR Hyderabad international at Shamshabad and operational since last 6months. It will cater to 40 million passengers a year and growing as one of the best in this region having world-class facilities.
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.
India's longest flyover from Masab tank to the new airport is taking shape at a cost of Rs. 800 crores. The Aga Khan International University will be developed on a 100 acre campus, while a Knowledge Corridor in partnership with the Dubai Government is being planned on the stretch between Kanamet and Kollur.
Disclaimer- Figures mentioned in above paragraph might be differ and i am not resposible for any ambigiuty. This post is just for brief description of Hyderabad City.
For more details, please visit- http://indianrealtynews.blogspot.com
Lokesh Goyal
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City Briefs of 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.
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