Q:Is Hyderabad looking to develop Maheshwaram further by investing large sums in Electronic Manufacturing Clusters in this locality? How exactly will it benefit the city?
Latest Answer: Maheshwaram is definitely going to face a lot of infrastructural advancements because of this project. It is estimated to attract an investment of Rs 800 crore and create direct employment for 14,000 people, as well as indirect employment for 84,000. There is also talk of a third EMC cluster at Paravada in Visakhapatnam in an area of 100 acreas which is being considered by the centre. With all this influx of more people, Maheshwaram will see a lot of changes in the years to come. There will be more housing options, better facilities, new civic projects and what not. I only hope that provisions will be made to all the residents of the locality and there won't be any unnecessary strains put on the locality's infrastructure. Real estate prices are sure to increase offering good returns to the investors.
