Property in Hitech City
Hitech City, Hyderabad
Hitech City or Information Technology and Engineering Consultancy City is a tech township where most of Hyderabad’s IT sector is situated. It comprises of a number of IT parks where offices of prominent software companies such as Oracle Corporation, Patni Computer Systems, GE Capital and Knowledge Matrix India Pvt Ltd are located. The is spread over 151 acres of land and lies near Madhapur, Gachibowli, Kondapur, Nanakramguda and Manikonda. It is 2 kilometres from the posh suburb of Jubilee Hills.
The first phase of the Hitech City or Cyber Towers came up in 1998.
The residential real estate market in Hitech City flourishes for IT professionals working here. Hitech city real estate has several renowned property developers of Hyderabad spearheading projects such as Developers, Properties, JPS Constructions, Shanta Sriram and the Ramky Group. Some of the prominent upcoming Hitech City property includes Vintage Heights by JPS Constructions, Shanta Sriram’s Supreme Residency, Developers’ Iconia and Builders’ Jyoti Cosmos. A total of 20 projects in Hitech City are under construction. Prices of property in Hitech City have increased by 13.9 percent in the past 6 months.
Hitech City is around 20 minutes from the centre of Hyderabad and those working here can avail city buses and cab facilities for travelling. The Multi Modal Transport System connects areas like Lingampally, Falaknama, Hitech City, Dairpura, Malakpet, Secunderabad and Nampally. For connecting Hitech City, NH7 and ISB, an Outer Ring Road has been proposed for the area. The closest railway station to Hitech City is the Borabanda Railway Station, which is a drive time of 12 minutes via the Main Road.
There are several good educational institutions in Hitech City such as Vidya Talent, Gautham Grammar, Sharada High School, Littlestop Play School and the National Institute of Urban Management. The important hospitals of the area are Align, Rajitha, S. Venkat Reddy, KR Dental Hospital, Rainbow and United.
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