Over the years Hi
Tech City has grown into one of the major industrial hubs in the city of
Hyderabad. Hi Tech is the short form of Hyderabad Information Technology
Engineering Consultancy City. Located in the north east part of the city of
Hyderabad in the vicinity of Jubilee Hills, the Hi Tech City is also popularly
known as Madhapur.
While the
industrial establishments in and around the area have opened up numerous
opportunities for job seekers they have also opened the avenues for business
for many small and medium scale enterprises. These people are consistently on
the lookout for suitable house in Hi-Tech City either for residential or for commercial purposes. That has resulted
in growth of demand and escalation of prices of such real estate properties in
the area.
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| Image Courtesy: Net |
Development of the
place started when the government took up steps to set up an IT hub in the city
of Hyderabad following the footsteps of certain other cities in the country.
The area was named as Hi Tech City as a result of collaboration between the
L&T Infocity Ltd and the Andhra Pradesh Industrial Infrastructure
Corporation Limited.
The area has
excellent connectivity with neighbouring areas such as Sharthpur, Gachibowli,
Manikonda, Thellapur, Kondapur, and Nanakramguda as well as all parts of the
city of Hyderabad and its suburbs. Areas covered by Hi Tech City are Huda
Colony, Parvati Nagar, and Madhapur.
One of the major
attractions for developers and individuals seeking lands for sale here is the
ten story building that stands in midst of the 151 acre area which houses major
international entities like Microsoft, Wipro, Oracle, IBM, Toshiba and many
others. Also in close proximity to the area is the international IIT
academy. Thus there are excellent
facilities for both professional job seekers as well as learners.
Hi Tech City has
excellent connectivity with all the major transport hubs around Hyderabad. It is
located around 35 km from the Rajiv Gandhi International Airport and at a
distance of only 6 km from the Shanthanagar Railway Station.
Real estate properties are thriving in the area with number of IT professionals growing in
the city. That is why many upcoming projects are coming up in the area
providing houses for aspirant buyers or even for those seeking rental
accommodations. Hi-Tech city houses
are one of the smartest investments ever.
Hyderabad is focusing the real estate development growth in Hitech city as they found many IT hubs and commercial places near Hitech city and this will be the promising place for high capital income in all over non metro cities in Hyderabad. And I am Chirstee to make you aware of Hyderabad real estate updates.
