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HYDERABAD

An Overview

Hyderabad is a capital city of Telangana and Andhra Pradesh states of India. It is a centre for technology industries. It is the fourth most populated city in India With over 9 million people. It has been found along the banks of “The Musi River”. It lies in the Deccan Plateau that is 541 meters above the sea level. The official language of Hyderabad is Telugu and the second language is Urdu. English is the global language in Hyderabad. It is not a metropolitan city as per Indian Government but in terms of economy, infrastructure and diversity. Telangana was split from Andhra Pradesh in 2014 and formed as a new state and then Hyderabad became the joint capital city for two states.

History

Hyderabad was found by “Muhammed Quil Qutb Shah” in 1591 AD. He named the city after Bhagmati who was a notch(dancer) whom he was in love with. She had converted to Islam and adopted the name “Hyder Mahal”, and then the city was named as Hyderabad in her honour. It is known for its richest history. Hyderabad was historically known as a pearl and trading centre and that is the reason it is called “The City of Pearls” of India. The movie industry here is called “Tollywood”. The most famous tourist places in Hyderabad are Charminar, Golconda Fort, Salar Jung Museum, Hussain Sagar, Ramoji Film City, Birla Mandir.

Economy, Industry and Employment

The economy of Hyderabad is based on

• Tourism – In 2013, Hyderabad was the third best city in the world for tourism. It was the global trade centre for pearls and large diamonds and there are also many historic bazaars that are located in the city. “Laad Bazaar” is a place where they sell pearls, diamonds and other traditional antiques.
• Biopharmaceutical Industry - Hyderabad is known as “Pharmaceutical capital” and “Genome Valley of India” for its pharmaceutical and biotechnology hub. The commercial market structure is defined in 4 sectors – The Central Business Districts(CBD), The sub-central business centres, The neighbourhood business centres, The local business centres.
• Retail and real estate – Hyderabad has a high growth rate in real estate. The residential areas of Hyderabad, Banjara Hills and Jubilee Hills had reached the highest growth percentage in India. It has been ranked as India’s second best city in business by the “World Bank Group” in 2009.

Key Projects (all will be linked)

• Fortune Butterfly City
• Salarpuria Sattva Magnus
• Marina Skies
• TMR Kshethram

Demographics

The total population of Hyderabad according to 2011 census is 9,700,000. The average literacy rate of Hyderabad city is 82.96 per cent of which male and female literacy was 85.96 and 79.79 per cent. The sex ratio of Hyderabad city is 942 females per 1000 males. Children from 11.29 of the total population of Hyderabad City.

Information Technology

Hyderabad is a global centre for Information Technology and it is known as “Cyderabad” (cybercity). The major multinational International Technology firms in Hyderabad are Microsoft, Google, IBM, Dell, Oracle and others. The major Information Technology campuses are in Gachibowli, Madhapur, Uppal and Kondapur. The Hyderabad Information Technology and Engineering Consultancy City i.e, “HITEC City” is one of the major IT Complex in the suburbs of Hyderabad.

Connectivity

Roads

Hyderabad is having National Highway Network through NH44, NH65, NH163, NH765D and four State Highways SH1, SH4, SH6, SH19. The first Expressway in Hyderabad was between Mehdipatnam and Aramgarh which opened in 2009. The Buses are operated by Telangana State Road Transport Corporation (TSRTC) from the government of Telangana. All the interstate and intercity buses are operated from Mahatma Gandhi Bus Station with around 3800 buses. TSRTC provides

• Metro Deluxe
• Mero Express
• Metro Luxury
• City Sheetal
• Pushpak

Rail

Hyderabad is a headquarters of South Central Railway Zone in Indian Railways. Other major railway stations are Kacheguda Railway Station, Lingampally Railway Station, Begumpet Railway Station and Malkajgiri Railway Station.

Hyderabad is also served by Metro rail that started in the year 2017 from Nagole To Meerpet and from Miyapur to Ameerpet. It is the second largest metro in India as of now. It also has Commuted Transportation known as “Multi-Modal Transportation System (MMTS)”.

Air

In 2008, the old airport Begumpet Airport was replaced with “Rajiv Gandhi International Airport” which is in Shamshabad. It is the fifth best airports in the world serving around 14 million passengers as per “Airport Council International”.

Existing Infrastructure

Education

Public and private schools are operated either by Central Board of Secondary Education(CBSE) or by Indian Certificate of Secondary Education(ICSE). Many junior colleges and graduation colleges are affiliated with Jawaharlal Nehru Technological University Hyderabad (JNTUH) or Osmania University(OU). There are 2 Private Universities, 6 State Universities, 2 Deemed Universities and 3 Central Universities. Technical and Engineering schools include

• Indian Institutes of Science Hyderabad (IIT)
• International Institute of Information University (IIIT)
• Birla Institute of Technology and Science University (BITS)
• Gandhi Institute of Technology and Management University (GITAM)

Healthcare

The city contains around 50 government hospitals, 150 private hospitals and up to 3500 clinics and more than 400 diagnostic centres. The topmost hospitals are

• Apollo Health City
• Yashoda Hospitals
• Aware Gleneagles Global Hospital
• MaxCure Hospital
• Citizens Hospital
• Continental Hospital
• Sunshine Hospital
• Global Hospital

Hyderabad Real Estate

Hyderabad is one of the best cities for real estate property investment. After Telangana got separated from Andra Pradesh, in short span of time it had massive growth. Among all the cities in Andra Pradesh, Hyderabad is the most popular city in terms of its connectivity, infrastructure, education, hospitality etc. South Hyderabad is the most affordable region where we can invest in residential property due to land availability. 70-80% of Hyderabad real estate rely on plots. Central and North Hyderabad are slightly costly because it is highly commercialized. West Hyderabad is also a little costly it includes the IT areas. The areas that are best in investing in the city are

• Adibatla - It lies in the south of Hyderabad. There are a huge number of plots and land properties that are supplied at affordable prices. Adibatla will be the nest IT hub area in Hyderabad.
• Ghatkesar - It lies in the eastern part of Hyderabad on Yadgirigutta temple's way which is developing rapidly Ghatkesar has both residential and commercial properties with modern amenities and affordable prices.
• Kompally - It lies in the northern part of Hyderabad. Kompally is the fastest growing area of the city in terms of residential real estate. There are many real estate projects that are available at reasonable prices for buyers.
• Shankarpally - It is in Ranga Reddy district and lies in the western part of Hyderabad where there are many well-known developers and builders of India like the “House of Hiranandani”.
• Shadnagar - It is in Ranga Reddy district. It is considered as the most affordable areas for plots to buy and sell. It is around 50km away from the city. It is well connected with major cities and the supply of plots has attracted many investors.

The weighted average capital value for residential properties in Hyderabad is Rs 3,900-4,200 per sq.ft with an annual appreciation ranging between 5-16%.

Proposed Infrastructure

The proposed infrastructures are

1. Outer Ring Road (ORR) – It is a 158km stretch with 8 lanes expressway encircling the city of Hyderabad.
2. Satellite City – Due to the growing population in Hyderabad, the government has planned to expand the city by developing the satellite cities.
3. Metro – The metro will run across the city in 3 lines i.e., Miyapur to LB Nagar, Nagole to Shilparaman, JBS to Falaknuma.
4. Hyderabad Nagpur Corridor – The Telangana government has proposed corridor between Hyderabad and Nagpur of 585km.
5. ITIR (Information Technology Investment Region) – Authorities have planned to develop knowledge clusters for IT and electronic hardware manufacturing expansion.
6. Regional Ring Road (RRR) – A 290km and 90m wide road have been proposed by the state government to develop which passes through Toopran, Narsapur, Sangareddy, Chevelle, Shadnagar, Daud Muda, Ibrahimnagar, Malkapuram & Bibinagar.

Popular Areas/Localities

The top localities in Hyderabad are Madhapur, Vijay Nagar Colony, Banjara Hills, Jubilee hill, Uppal, Begumpet, Sanjeev Reddy Nagar, Moosapet, Kukatpally, Abids.