India is a country that is booming with
development from every corner. The country has a total of 4000 cities &
towns. However for us, choosing the next city for our real estate project
wasn’t very difficult. Rooted in a deep ethnic heritage and captivating
historical significance, we zeroed down on ‘Hyderabad’.
Hyderabad during its initial stages had
been sparking signs of a global city. Nobody would have imagined the
unprecedented growth & development this city was capable of achieving.
An influx in the IT sector
–Since 1990, Hyderabad had seen a number of foreign IT companies entering the
city. At that point, there were over 1000 IT and ITeS companies that included
major firms such as Google, Dell, Facebook and more. The city boasts of an
employment growth rate of 10%. The IT industry has inculcated a high standard
of living for the city which has resulted in an increase in world class real estate
projects in the city.
Hyderabad’s Infrastructure– One
of the high points of Hyderabad’s infrastructure is its metro. The metro, which
is already under construction, will have three phases to create unparalleled
connectivity across the city. The metro is scheduled to begin operations by
November 2018.Plans to decongest the city’s roadways by projects such as the
Outer Ring Road are already underway. It’s a city that foresees the future and
is already planning to upgrade the existing roads, adding skywalks and more.
High Standard of Living– As per
the Mercer Survey, Hyderabad is known to have the highest standards of living
in India. The survey is based on factors such as crime rate, air pollution and improved options for
international and English-speaking educational institutes.
Emerging Startup Hub– Asa city
that encourages enthusiastic entrepreneurs, Hyderabad is witnessing a support
system to encourage startups. India’s biggest incubator for startups is in
Hyderabad. On the overall the city is promising because of its stable
environment and cooperation between the investors, startups and the government.
These are some of the reasons as to why
Hyderabad is one of the fastest growing cities in India. It offers the perfect
combination of a city immersed in history, and one that embraces development