One can easily get fascinated by the mystique yet lively charm of Hyderabad. One of the most decorated princely states from the yore, Hyderabad is now a prominent knowledge hub in global pertinence. While Bangalore was acclaimed the Silicon Valley of India tag until recently, Hyderabad has deftly taken over as top companies have shifted base to here owing to the friendly government policies and ease of doing business.
The partition of Andhra Pradesh has made Hyderabad the capital of Telangana. It was the former capital of Andhra Pradesh. This has in a way been a blessing in disguise for those looking to invest in properties here. While the city retains its cosmopolitan ethos and fine infrastructure, the quandary in the minds of investors about the political interferences had slowed down the rate of increase in growth of demand and price.
However, the sedate trend is steadily taking an upturn as the city is reviving its definitive appeal which can be gauged in the fact that Google, Uber, Apple and Amazon are all sorted to set up their largest development centres outside the United States of America – all of them in a radius of 10 kilometres. This being said, tech giants like UBS Verity, Facebook, Microsoft and Qualcomm have their India headquarters in Hyderabad, Telangana. This among a few other ambitious projects including a Helicopter manufacturing unit from Airbus is sure to make Hyderabad a prominent place on the global map.
Picture this, while the IT exports showed a Compound Annual Growth Rate (CAGR) of the country stood at 13 percent, Hyderabad posted a growth of 16 percent. While Chief Minister K. Chandrashekar Rao seems to be on a mission to bring in greater investment and build a greater city by building confidence and increasing stability in all government departmental works, an upbeat K.T Rama Rao says, ‘Hyderabad is the biggest bang for the buck for all those investing here.’ while adding the present government is steadfast in providing the proactive residential and industrial policies and be seen in light as a decisive government delivering results and value.