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South Hyderabad emerges as Hyderabad’s next major growth corridor

South Hyderabad emerges as Hyderabad’s next major growth corridor
South Hyderabad set to emerge as city’s next major growth corridor · thehansindia.com

South Hyderabad is becoming an important area for new buildings and businesses.

Companies in aerospace, information technology and manufacturing are setting up there.

New roads, transit projects and the airport are making the area easier to reach.

Bharat Future City could bring technology, health, education and life sciences projects.

This may create more jobs and increase demand for homes and offices.

Areas such as Tukkuguda, Adibatla and Shamshabad have already seen property prices rise.

Developers and investors are interested because the area still has room to grow.

However, the region could face problems if roads, public transport, water and other services do not expand quickly enough.

Key facts

Key growth areas
Kongarkalan, Tukkuguda, Adibatla, Maheshwaram and Shamshabad
Major catalyst
The airport ecosystem and Outer Ring Road connectivity
Future City hubs
A 300-acre AI and technology hub, 200-acre Health City, 500-acre Education Hub and 3,000-acre life sciences hub
Proposed data-centre investments
Amazon Web Services: $7 billion; TCS HyperVault: Rs 70,000 crore; UPC Volt: Rs 5,000 crore
Planned connectivity
The proposed 41.5-kilometre Ratan Tata Road, expanded metro and regional rail connectivity, and bullet-train connectivity
Property trend
Prices have seen healthy appreciation over the past five years in several southern micro markets
Main risk
Civic infrastructure may lag employment and investment growth

Quotes

Gummi Ram Reddy

Chairman and Managing Director of Ark Group and president-elect of Credai National

“The western corridor took the better part of two decades to mature into the commercial hub it is today, and much of its growth story has already played out. South Hyderabad is still early in that curve, and that is exactly what gives it its headroom”
thehansindia.com
“If these keep pace with the employment and investment coming into the region, South Hyderabad can realise its full potential as an integrated urban corridor. If they lag, that is where the risk lies”
thehansindia.com

Sources

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