Article

The Digitized HI TEC City in Hyderabad

Topic: Real EstatePublished June 14, 2017
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Hyderabad is termed as the Silicon Valley of India after Bangalore. This mainly because of The Hyderabad Information and Technology and Engineering Consultancy city or shortly known as the HI TEC city which is considered to be one of the leading Engineering, Health informatics, Bioinformatic and Information Technologys hubs of India situated. With about 200 acres of land and with suburbs like Gachibowli, Madhapur, Manikonda, Kondapur and Nanakramguda, this township is also called as Cyberabad. There are many IT parks like Infosys, Wipro, L and T Infocity, Cyber Tower and a lot more.It has risen to be the new sub city of Hyderabad. Besides Technological, Pharmaceutical and research companies, HI TEC city is home to many shopping malls, restaurants, hotels and multiplexes. The micro market is pretty good in terms of Infrastructure and real estate. The Hi Tec City is located at a distance of two kilometers from the residential hub and commercial hub of Jubliee hills. There are many residential plots in HI TEC city whose price range from INR 4,000 – 7,000 psqft. It has ready to move in apartments and villas with 2 BHK and 3 BHK and their rental price range from INR 20,000 – 60,000 per month. Based on a report, in the near future the locality may soon hit its peak and cross the highest average rentals observed in the past. rnFacilities of public transportation, Hospitals and schools are available and with the help of recently built metro stations travel will be much easier from HI TEC city to places like Shilparamam, Madhuranagar, SR nagar etc. HI Tec City or Cyberabad is also known for its first public WiFi spot. The area would become completely wireless as the Telangana State Industrial Infrastructure Corporation (TSIIC) has taken the initiative to take off all the electric wires and cables and will start the works of underground cabling in Gachibowli and Madhapur initially and will stretch the project to other parts of the city. According to the director of TSIIC this project will improve the area as there will be no longer the problem of overheard wires which spoils the ambience so when there is a storm or high winds the fallen trees will not disturb the connection as wires will not be connected through poles but through underground. From the perspective of Infrastructure HI TEC city or Cyberabad is an ideal place for those who work in Technological or Pharmaceutical based companies as it is very close to the residential hubs and commercial hubs. According to a report with the recent growth and development, many working professionals and students have migrated to HI TEC city. Many upcoming residential apartments and Villas are being built in Madhapur and Gachibowli with spacious parking, swimming pool and children’s play area. HI TEC city or Cyberabad is definitely a new generation destination with advanced technologies, connection, companies and other facilities. Life will be much easier so investing in such a locality will be a preferable and profitable option.

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