New Properties in Hyderabad & Upcoming Infrastructure Projects in Hyderabad
- 2023-07-03
- Deen Ashraf
- realestate
- No Comments
Hyderabad, renowned as the industrial epicentre of the nation, has witnessed a momentous surge in growth over the past few decades. Boasting a rich tapestry of industries encompassing information technology, pharmaceuticals, automobile manufacturing, and defence equipment production, the city’s diverse economic landscape has been instrumental in propelling its rapid expansion and economic development. The real estate landscape is being revolutionized by the influx of new properties in Hyderabad.
The information technology sector, in particular, has flourished within the bounds of Hyderabad, captivating major multinational corporations and establishing itself as a hotbed for technological innovation. Driven by a thriving economy, an investor-friendly business climate, and proactive government initiatives, Hyderabad has become a magnet for significant investments in diverse infrastructure projects. These transformative endeavours are geared towards bolstering connectivity, fostering industrial expansion, and positioning Hyderabad as a prominent global business hub. In this blog, we will delve into the exciting realm of upcoming infrastructure projects in the city and examine their potential implications on the burgeoning real estate sector.
- Hyderabad Regional Rail: The Telangana government has put forth plans to develop a semi-high-speed rail link connecting Warangal and Vijayawada. To move forward with this ambitious project, the Hyderabad Unified Metropolitan Transport Authority (HUMTA), a subdivision of the Hyderabad Metropolitan Development Authority (HMDA), has invited bids from experienced companies to conduct a pre-feasibility study for the proposed semi-high-speed rail network in these two corridors.
The primary objective of this endeavour is to establish rapid, secure, and comfortable commuting options with affordable fares for intra-regional passenger movement. The selected corridors have been chosen due to the high volume of passenger traffic they experience. The semi-high-speed rail system, distinct from traditional railways, aims to provide a dedicated channel for dependable and frequent point-to-point regional transportation. By reducing dependence on road travel, this initiative seeks to enhance the commuting experience for travellers.
- Hyderabad-Warangal-Bhadrachalam Highway: In collaboration with the Union government’s financial support, the State government is embarking on the construction of an alternative road from Gowrelly Outer Ring Road (ORR) in Hyderabad to Ramalayam in Bhadrachalam. This significant infrastructure project is estimated to cost around Rs 2,740 crore.
The new road will pass through Veligonda, Torrur, Nehrunagar in Warangal district, and Kothagudem, effectively reducing the travel distance to the temple town by approximately 30 km. Presently, devotees from the city have to undertake a journey through Suryapet and Khammam, but with the completion of this project in April 2023, they will have a more convenient route to reach their destination.
- Hyderabad Pharma City: The world’s largest integrated cluster for pharmaceutical industries, Hyderabad Pharma City (HPC), is located in Hyderabad and focuses on R&D and manufacturing. Recognized as a National Investment and Manufacturing Zone (NIMZ) by the Government of India, HPC holds immense national and international importance. Built to international standards, HPC aims to foster a symbiotic coexistence throughout the pharmaceutical value chain.
Strategically positioned approximately 25 km from the Hyderabad International Airport, HPC follows the principles of Work, Live, Learn, and Play. It is designed to create an innovative ecosystem, including a world-class life sciences university and other Centers of Excellence.
By offering centralized smart infrastructure solutions, HPC brings significant cost and setup time optimization for the pharmaceutical industry. It serves as a catalyst for life sciences companies, propelling them up the value chain. With an expected investment of USD 9.7 billion and an employment generation of around 560,000 people, HPC provides an ideal platform for growth and development in the sector.
- Kakatiya Mega Textile Park: The Kakatiya Mega Textile Park, situated in Warangal, Telangana, is slated to become India’s largest textile park. With the objective of boosting the textile and apparel industry in the region, attracting investments, and generating employment opportunities, this project holds immense significance. Here’s a brief overview of the Kakatiya Mega Textile Park and its key features:
Strategically positioned near National Highway-163, the Kakatiya Mega Textile Park offers excellent connectivity to major cities and ports. Encompassing a vast area of approximately 1,200 acres, the park provides ample space for textile and apparel manufacturing units, textile processing units, warehouses, and associated infrastructure.
Catering to various segments of the textile value chain, the park is designed to accommodate spinning, weaving, processing, garments, and technical textiles. Its goal is to establish a comprehensive ecosystem for textile production, integrating the entire supply chain in a single location.
- Sitamma Sagar project: It, located in Hyderabad, Telangana, is a significant initiative for the development of water resources in the region. It aims to increase water storage capacity to meet the growing demands of the city. Here is an overview of the project and its importance: Situated near the Narsingi area on the Musi River, the Sitamma Sagar project’s primary objective is to establish a reservoir for storing water. This stored water will be used for various purposes, including irrigation, drinking water supply, and industrial use. The project is designed to tackle the water scarcity challenges faced by the region and ensure the effective utilization of available water resources.
To increase storage capacity, the project involves constructing a dam on the Musi River. This will create a reservoir capable of holding a significant amount of water. The Sitamma Sagar reservoir’s substantial capacity will help meet the water requirements of the surrounding areas. The stored water will be utilized for agricultural activities, leading to improved irrigation facilities and increased agricultural productivity.
In addition to irrigation, the Sitamma Sagar project also aims to provide nearby communities with a reliable drinking water supply. The stored water will be treated and distributed to meet the rising demand for safe drinking water in the region, benefiting the local population.
Environmental considerations are a priority in the construction of the reservoir. Measures are implemented to preserve the natural ecosystem and minimize negative effects on the surrounding environment. The project strives to maintain the ecological balance and protect the flora and fauna in and around the project area.
By improving water availability for various purposes, the Sitamma Sagar project contributes to the overall development of the region. Adequate water supply not only stimulates agricultural growth but also supports industrial activities, leading to improved socio-economic conditions for the local communities.
- Airport Express Metro: Hyderabad and Secunderabad are on the cusp of a significant development phase as the finalization of bids for the Airport Metro Express from Raidurg to Rajiv Gandhi International Airport (RGIA) in Shamshabad draws closer. This marks the next stage in the progress of these cities, following the inauguration of the Hyderabad Metro Rail (HMR) almost six years ago. The estimated cost of this ambitious project is Rs 6,250 crore, covering a 31-kilometre stretch that includes elevated, on-ground, and underground sections.
Earlier this year, K T Rama Rao, the state minister for Municipal Administration and Urban Development, took to Twitter to share exciting news about the Airport Metro Express project. He announced that the corridor would span 31 kilometres, linking the Raidurg Metro station to Rajiv Gandhi International Airport, serving as a vital transportation link for the region.
The project will be funded entirely by the state government through the engineering, procurement, and construction (EPC) mode. This ambitious project has been eagerly awaited, with the Telangana government approving the proposal in early 2018. However, despite budget allocations and a detailed project report, progress remained stagnant until Chief Minister K. Chandrashekhar Rao laid the foundation stone in December of the previous year.
- Bottomline:
The future of Hyderabad hangs in the balance as it braces itself for a wave of upcoming infrastructure projects that are set to reshape the city and catapult it into an era of unprecedented growth. These projects, spanning various sectors, hold the promise to revolutionise connectivity, create new job opportunities, attract substantial investments, and fuel the demand for real estate.
The real estate sector is undergoing a transformative revolution, thanks to the introduction of numerous new properties in Hyderabad. From the construction of metro lines to the development of expressways, flyovers, and modernized airports, these infrastructural endeavours will not only improve the lives of its residents but also unlock immense potential for economic prosperity. The enhanced connectivity will make commuting a breeze, reducing travel times and boosting productivity. This, in turn, will attract businesses to set up shop in Hyderabad, generating employment opportunities for its burgeoning population.
Furthermore, these infrastructure projects will act as magnets for both domestic and foreign investments. The improved connectivity and ease of doing business these projects will provide will make Hyderabad an attractive destination for enterprises looking to expand and thrive. As a result, the demand for commercial spaces, industrial plots, and office complexes is anticipated to skyrocket just like POULOMI INFINITY which is a prestigious Grade-A IT building in Kokapet’s prime business district.
The presence of a multitude of new properties in Hyderabad is reshaping the real estate scene, bringing about a revolution in the industry. By staying informed about the latest updates and identifying potential investment opportunities, they can position themselves to reap the benefits of Hyderabad’s impending transformation. The city’s future is being shaped, and those with a keen eye for opportunity stand to make their mark in this new era of growth and development.
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Established in 2005, with headquarters in Hyderabad, Telangana, India – Poulomi is a leading real estate and infrastructure projects development company. Leading providers of residential apartments, commercial and infra projects and delivering outstanding projects with timely execution. Approaching towards standards of ISO 14001:2004, 9001:2008 and OHSAS 18001:2007 certifications, Poulomi is renowned for extensive knowledge and experience, technological advancements, superior safety and commitment to deliver. Trusted by clients, Poulomi promises – Peace of Mind. For more details on our ongoing and upcoming projects, please contact: Mobile: +917070704444, email: sales@poulomi.in
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References:
https://telanganatoday.com/new-national-highway-to-cut-hyderabad-bhadrachalam-distance-by-35-km
https://telanganatoday.com/telangana-to-press-for-environmental-clearance-for-sitamma-sagar-project
