HITEC City

HITEC City is abbreviated as The Hyderabad Information Technology and Engineering Consultancy City. It is an Indian IT, engineering, and financial business district in Hyderabad. It is an epicenter of the IT industry and has a lot of IT parks attracting people from across the country.

HITEC City, also known as Cyberabad, is the premier commercial hub in Hyderabad that offers job opportunities. It is spread over a big area of 200 acres of land. It is within 2 kilometers of the suburb of Jubilee Hills. The metro station on the Blue Line serves the area. The area is less than a km from Outer Ring Road, enabling quick access to all parts of the city.

Some major hospitals in HITEC City include

• United Hospital,
• Align Hospital,
• Rainbow Hospital,
• Rajitha Hospital, etc.

Some shopping malls in the area include Galleria Mall and Inorbit Mall, which is 2 km from HITEC City. A major employment hub located near the area is Gachibowli, which is at a distance of 6.4 km. Some major housing projects near the area include The Prestige City Hyderabad, which is 36 minutes from the area.

Some IT parks in the area include

• Tech Mahindra IT SEZ,
• L&T Infocity,
• DLF IT SEZ,
• Mindspace Cyberabad SEZ,
• HITEC City 2 SEZ,
• TCS Synergy Park IT SEZ.

The real estate market is flourishing in HITECH City due to the influx of several IT people. As the area has a lot of IT hubs, many people move here in search of jobs, creating a demand for real estate. So, a lot of builders are coming up with the best projects to meet the growing demand.

HITECH City MMTS is the nearest train station to this area, and Sanathnagar train station is 6 km away. The Airport is at a distance of one hour from the area. The metro project is the chief growth factor in this area. It will increase the transport network in the city. Real estate prices will increase after the completion of the project.

Property prices are increasing as many people wish to buy homes near their work areas. The area has a great transport network with roads and railways. It is connected through Ring Road, and Gachibowli Flyover is 10 minutes from this area. Many buses connect the area to different parts of the city.

The real estate property market has shown potential for growth in recent years, with housing properties available at an excellent rate. It is the right time to invest in the area as the real estate market is growing, and the transport network is improving.

With numerous IT and BPO companies nearby, HITEC City is the preferred choice for those seeking high-quality properties in Hyderabad. The area has a lot of properties of various sizes and budget ranges.

The construction of the HITEC City is the biggest technological revolution of the city. The middle of the park has a cylindrical-shaped building with 10 floors. It has the offices of IT giants such as Microsoft, Wipro, Oracle, IBM, and so on. The tech park covers an area of five lakh square feet, and it provides fast communication links.

The area is witnessing growth in a social framework, with schools, colleges, malls, and hotels. In short, HITEC City is the best choice one could make in terms of investing in a house. The area has all the features for modern living. Hence, HITECH City can be the right choice to invest in at this time, whether in any residential or commercial, as infrastructure is growing fast and the prices are too high!

Prestige Group prelaunch Township is The Prestige City Hyderabad.