Hi-Tech city is considered as the next investment hub

Hi Tech City is one of the major industrial hubs in Hyderabad which is an abbreviation for Hyderabad Information Technology Engineering Consultancy City. It is situated at the north western part of the city. The place is also called as Cyberabad or popularly known as Madhapur. It is located in vicinity with Jubilee Hills which is at the eastern side. HITEC City, is a technology driven high tech city that has been developed to provide world class infrastructure facilities to IT industry under one roof. The group of IT companies that are present in HITEC City have allured pool of talent from across the country that has eventually given rise to increase in demand of residential space. HITEC City comprises of slew of IT Parks such as L&T Infocity, Mindspace IT Park, RMZ Futura IT Park, Cyber Pear etc. These IT Parks have employed more than 75 thousand people. Due to such large work force, the demand of residential space is rising on continuous spree. Some of the neighboring localities are Sharthpur, Kondapur, Gachibowli, Nanakramguda, Manikonda, Thellapur etc. The areas that comes under Hi Tech City are Huda Colony, Madhapur and Parvati Nagar.

HITEC City is within two kilometers of the residential and commercial suburb of Jubilee Hills. The whole area is spread across 151 acres acres of land. There is a ten storey building in the midst of the area which houses companies. HITEC City is a home to renowned schools such as Meridian School, The Global Edge School & Eurokids etc and world class hospitals & shopping destinations such as MaxCure Hospitals & Inorbit Mall respectively. These social infrastructure facilities have further escalated the charm of living in HITEC City. HITECH city hosts various international events that are attended by thousands of visitors from across the globe every year. The state government has invested in the expansion of digital infrastructure. It is located beside the communal region known as Cyberabad. Due to its fast developing, this area is the most favourite housing units by the IT people, from native Hyderabad as well as people moved from other parts of the state.

Having created so many job oppurtunities, Hi-Tech creates constant demand for residential development. The constantly incoming population look around the vicinity to make their new residences. While the majority of people still prefer renting a property for their first dwelling, they prefer to wait it out and then find an apt place that will suit their and their families needs. The most popular style of housing being apartments , this micro-market has used up every bit of the free space to developments and construction. But a couple of builders have come up with luxury villas in Hi-Tech city . Though these are prices exorbidantly the demand for luxury and lifestyle in Hyderabad never seems to be dying out. Capitalising on these demands, the constant development of this micro-market will surely prove to be a huge positive for people considering an investment in this locality.