Andhra Pradesh today has become one of the leading exponents in the tremendous growth that the nation has seen in terms of IT and ITES segment. And one of the main reasons behind it is the conversion of Hyderabad into Cyberabad. Along with Bangalore, it has become the hub of Software Development and related services. And with this growth even the related sectors like real estate too have seen an explosive growth particularly near the areas of the proposed SEZs in and around the International Airport.
Why Hyderabad Should be your Investment Destination???
With almost all MNCs, IT companies, business biggies starting their operations in Andhra Pradesh and the state government catering to their needs, Hyderabad and its surroundings are witnessing an unimaginable and unforeseen development in terms of infrastructure, huge buildings and gigantic structures It is estimated that a whopping Rs 70,000 crores of investments will be made in these big projects in the next 5-10 years.
Hyderabad is being bejeweled with the International Airport, Software Park, Hardware Park, Nano Technology Park, Jewelery Park, Sem India, Textile Park. All these projects are set to glorify the city. All these projects are not left deserted in the outskirts of the current city. HUDA has big plans to connect these projects with state of the art infrastructure. It is already acting on creating the Outer Ring Road and many flyovers to make commute as smooth as possible to the residents.
Following are some of the projects that are making the Shamshabad area most sought after. Each item below is credible and links to news article reporting the same are provided for authenticity.
Details of projects and investments:
- International Air Port - To be operational in 2008, the Hyderabad International Airport is considered to be Asia's biggest international airport. This airport will also serve as an International Aviation Hub for the international air traffic of U.S, Europe and Far-East.
Source:
http://www.newhyderabadairport.com
- Infosys - Infosys is uprooting its head office from Bangalore and is setting up a campus at least four times in size compared to the one in Bangalore in Shamshabad area, at an area of 2000 acres for the development of various Software Products & Services. The Government of AP has made it mandatory for the company to recruit at least two thousand employees at this facility. Just for comparison sake, Hitec City at Madhapur spans across 500 Acres of land.
Source : Times of India; October 25th, 2005.
- Fab City - Hyderabad beat other contenders such as Bangalore and Chennai to bag the mandate for locating India's first semi-conductor wafer fabrication plant or Fab City. To be setup by SemIndia Inc. and licensed from US based chipmaker Advanced Micro Devices (AMD) Inc., an estimated $3 Billion will be invested in this project. SemIndia will also setup an assembly, test, mark, packing (ATMP) facility close to the Fab unit. This is expected to come up on 1,200 acres at Srinagar which is close to the upcoming Hyderabad International Airport at Shamshabad.
Source : The Hindu - February 10th, 2006
- Nanotech Park - Intellect Inc., a Korean firm, signed an MoU with AP state govt. to invest 1.6 Billion U.S Dollars and has already laid the foundation for the venture. The manufacturing would commence from this place tentatively in October, 2007. This would provide direct employment to an estimated 20,000 skilled personnel. Its Phase II is anticipated to be completed by 2010, thereby creating a job pool of around 100,000 people.
Source : The Hindu Business Line, December 6, 2004 ,
Alternative Source : EE Times
- Gems and Jewelry Park - The Gitanjali Group's Hyderabad Gems Special Economic Zone Ltd. (HGSEZ), has received the final approval from the central government. The SEZ is to be set up at a cost of about Rs. 500 crores and is expected to be fully operational by the end of 2008. The 200 acre park in Shamshabad will feature an international trade centre, a world class convention centre plus an exhibition area.
Source : Investors Club
- Textiles Park - About 500 acres of land has been allotted to Sarode Hycot Textiles. This will be the largest textile park ever setup by the central government and will create job opportunities to at least 100,000 people by establishing around 2000 power loom units between 2008 and 2010.
Source: Deccan Chronicle November 30th, 2004.
- Birla Institute of Technological Science (BITS): Birla Institute of Technology and Science, has announced the launch of its third campus in India at Hyderabad. The BITS campus at Hyderabad is spread over 200 acres of land at Jawaharnagar near Shamshabad in Rangareddy district.
Source : The Hindu
- EMAAR Group's Seven Star Hotel and Golf Course - EMAAR Group of Dubai is setting up a 7 Star hotel in close proximity of Hyderabad International Airport in about 700 acres which will also contain a decently large golf course.
Source: The Hindu Business Line February 7, 2003
- Reliance LPG Plant - Reliance is acquiring 25,000 acres of land around the Vijayawada highway at Ibrahimpatnam to set up its LPG gas plant. An eight-lane direct road will link the Reliance plant area to Shamshabad's outer ring road.
- Aero Park - An Aero Park, which would cater to the aerospace and aeronautics requirements, is proposed to be established in 200 acres near the Hyderabad International Airport under the aegis of the Federation of Andhra Pradesh Small Industries Associations. Hyderabad has emerged as a major centre during the last couple of years in producing various aerospace & aeronautical components & sub-systems. There are currently 60 units operating with an annual turnover of Rs.150 crores. Some 100 units are expected in the proposed park with a total investment of over Rs. 250 crores.
Source: The Hindu January 16, 2006
- Outer Ring Road (ORR) - This project is the biggest of its kind in the whole country and would stretch to at least 170 kilometers around Hyderabad with exit points. The work has already started on this project and is going on at a great pace. It will be sort of a belt-way without any traffic signals and 8-track roads plus two service lanes.
Source : http://www.hyderabadringroad.com
- India's Biggest Fly-Over and India's Longest Fly-Over - A fly-over from Masab Tank would link to a road close to the Hyderabad International Airport at Shamshabad. The project has been allotted Rs. 800 crores and will be one of the longest bridges of the world and entirely unique to India.
Source: Tribune India
- Trade Center - Hyderabad spins the tallest storey - Hyderabad will have another landmark in the proposed business district on the outskirts. It will be either a single 60 storey trade-tower (the first to reach such heights in India) or more than two towers of 30-40 floors each. To be located at Manchirevula village to cater to IT industry, other businesses and stock market this village is close to Hyderabad International Airport and abutting Outer Ring Road. GO Ms No. 269 has been issued handing over the project to APIIC, while Ranga Reddy district administration has handed over 100 Acres of land (survey numbers 283 and 311) to the corporation to prepare the groundwork. A Bangalore based construction firm is working on the project in collaboration with a Malaysian firm.
ource: Times of India
- Knowledge Corridor - The Dubai Government is interested in partnering with AP to develop the Hyderabad Knowledge Corridor. The Project called the Hyderabad Knowledge Corridor aims to become an IT hub for all related activities from animation to financial software. This project will be laid down across 20,000 acres of land stretching from Kanamet to Kollur covering about 34 Revenue Villages.
AP Government
- Agha Khan International University : This will come-up on at least 100 acres of land.
- State Assembly and Secretariat - There is also a proposal for shifting of AP state Assembly and Secretariat to Shamshabad mandal.
The above given developments are just few of the major ones and there is lot more to follow for Hyderabad in future.
Though Real Estate in the past has primarily been a home driven market i.e. buyers looking to buy themselves a place to reside in, off late it has become a major sink of investment with both short and long term return possibilities. Investments as always are associated with a risk.
Tanu Sree Homes in association with its various business partners seek to reduce the risk involved in your real estate investment portfolio. We have an in-depth knowledge about the various intricacies involved in making that right investment in the right area at the right time. We also have a keen pulse about the ever changing trends and its effect on your investment. So we also would be keeping you informed about any signs of new opportunities for investments and also the status of your already existing portfolio.
Let us be your guide in all your property investments and we will assure you that our association shall be both long term and mutually beneficial to both our ends.
Happy Investing!!!