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Infrastructure Scenario in Hyderabad

Q: Hey, I’m an NRI based in Dubai with family in Hyderabad, India. I’ve heard of the recent political turmoil that caused something of a real estate collapse. Can someone enlighten me more on the present infrastructure development scenario?

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Replies (3)
1
You know, I was quite concerned as well with the situation in Hyderabad as well. I’m not a resident of the city, but I have some property over that I had recently invested in. The prices had kind of fell down, but now they’re steadily picking up again. My property is in Miyapur, one of the newly-developed localities in Hyderabad. The infrastructure development is progressing as per plan. I think the Inter-City Bust Terminal that’s planned to be constructed here is going to change the face of this part of town. Once complete, it’s supposed to be the biggest bus bay in India.
Krishna Rao


2
There’s so much money invested in Hyderabad that it was only a matter of time before any issue, however big, would have to be sorted out. You do know that the IT hub in Hyderabad is one of the biggest in country, so foreign investors were getting slightly edgy with the fickle business environment caused by politics in the city. However, a new Chief Minister was elected to the newly-formed Telangana region recently. He told that he was eager to develop the Information Technology Investment Region (ITIR) in and around Hyderabad. This project aims to bring in investments amounting to $44 billion dollars!
Suresh Kota


3
Hello! It’s completely true that the Telangana agitation in the city had brought life almost to a standstill at a certain point. In fact, the real estate scenario was drastically affected in the prevalent political uncertainty. However, once a firm decision was made by the ruling class, the market starting picking up again, it’s much better now. Infrastructure works which had been affected a while back, are back on full flow. As you know, Hyderabad is a big city with a number of infrastructure projects being constructed. I think, among all of them, the Hyderabad Metro Rail is the most impressive. Being built on an elevated track throughout the city, the construction work of this project is being undertaken rapidly.
Lata Rao


4

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