Interesting IT projects post Telengana issue

Q: Any upcoming IT developments in Hyderabad? This Telengana issue seems to be sorted now, so I was hoping the sector here would see some growth. What do you guys think?

Lokesh Gowda, Hyderabad

18th June 2014

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Yes, he is right. There is going to be as many as 40,000 jobs created from this whole IT expansion. The main project of this expansion plan is the ITIR (Information Technology Investment Region). In fact Google is planning to create their own township project, stretching over 20 acres in Kolapet. I think with all these number of different projects, Hyderabad can overtake Bangalore even as the IT capital of India. Its good that the Telengana issue got sorted out, so now these development processes can finally start.

Geeta Naidu, Hyderabad

24th June 2014

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Yeah, there is going to be a number of jobs in Hyderabad now that all these companies are expanding their offices. So you can expect to see a definite growth in the real estate market as well. This is the perfect time to invest in property in areas around the IT hub like Hitech City, Madhapur, Gachibowli, Kondapur and Manikonda. There is going to be a huge demand of 1, 2, and 3bhk apartments from the crowd of young IT professionals.

Govind Naidu, Hyderabad

21st June 2014

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Hey, you’re right. There are a number of IT companies who are looking to start their offices or expand their existing centres in Hyderabad. The information technology minister of the state, Taraka Rama Rao has given his approval to major conglomerates like Tata Consultancy Services (TCS), Google, Facebook, Microsoft, Cognizant, and Amazon. With the expansion of these companies, Hyderabad will see a surge in the number of job openings over different sectors.

Suresh Kota, Hyderabad

19th June 2014

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