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Andhra Pradesh is well connected to major Indian cities like Delhi, Mumbai, Bangalore and Chennai. Andhra state is home to various emerging industries like bulk drugs/pharmaceuticals, horticulture, poultry farming, spices mines/minerals, textiles/apparels and now IT. Hyderabad is known for its rich history, culture and architecture representing its unique characteristic of a meeting point for North and South India, and its multilingual culture, both geographically and culturally. Hence, Hyderabad is considered to be the gateway of southern India. With a population of approximately 6.5 million (65 lakh), it is India's 5th largest metropolis and the 41st largest metropolitan area in the world. Hyderabad has a cosmopolitan culture and a very affordable living standard compared to other competitors like Delhi, Mumbai, and Bangalore. Hyderabad actually involves twin cities of Hyderabad and Secunderabad and also has many upcoming satellite townships like Shamshabad (the location for the new airport), Gachibowli, Uppal and so on. Hyderabad is the emerging IT /Biotechnology hub of India and has a very strong background in entertainment industry. Hyderabad has initiated a whole host of investment friendly initiatives from the governments of the past and present for almost a decade now, including a mix of public, private and private-public participation. Other than the the ambitious Shamshabad international airport, a whole host of other infrastructure features such as the longest flyover in India, the IT hubs in Hi tech city, Gachibowli, Uppal, Shamirpet, the genome valley Biotechnology hub, Semiconductor Park and the Outer Ring Road (ORR) project. Like many Indian cities, Hyderabad has witnessed a remarkable growth in the real estate business, thanks to a predominantly information technology-driven boom in the 1990s and the retail industry growth over the last few years which have spurred hectic commercial activity. A number of retail malls have come up or are being built in the city. The investment friendly government has also ensured extensive investments in the digital infrastructure within the city promoting the setting up of various educational campuses by a vast array of firms. Some of the very notable educational investments in pipeline being - Vedanta university, Birla campus, many prestigeous US universities etc.The city hosts two Central Universities, two Deemed Universities, and six State Universities. Shamshabad - the future outlook The new airport, widely tipped to be among the best in Asia having world class facilities is expected to cater a total of around 7 million passengers per year in the intial phase and finally upto 50 million passengers per year.This multi million dollar project has been built in an area of around 5,500 acres of land and will have the longest runway among Indian airports.The new airp[ort project also envisages plenty of real estate development within the airport like hotels, convention centers, shopping malls/entertainment complexes and Free Trade Zones etc. There is laso going to be a lot of business activity with regards to the adjacent Air Cargo comples and an MRO(Maintenance Repair and Overhaul facility) near or inside the airport. Hence, Shamshabad is witnessing many related investments in the area of hospitality, education, IT, ITES, Biotech parks, business parks, Special Economic Zones (SEZ) and housing coming up in and around the new International Airport. The Fabcity investment alone is around $3 billion and promises to generate an emplyment of around 1.5 million people by 2015 (both direct and indirect). The Fabcity project spanning over 1500 acres of land, being developed by a consortium of firms including both AMD and Intel, will open up a new business avenue of high end chip designing/testing and manufacturing, currently manufactured in few countries only. This is an extremly important project for India as it takes the Indian economy into the next level of the business learning curve. The second phase work on Fabcity project is set to commence from April 2007. Government of Andhra Pradesh has allotted close to 5000 acres of land for Software and Hardware park near Shamshabad ensuring a slew of MNC investments into these parks.. Other Related Investments in Shamshabad The Mucherla IT park - It is located around 14 kms from the new airport has 850 acres of land, where 20 acres have been allotted to dell.Infosys is setting up a 550 acre campus, the biggest software facility in India. Amusement Park - Asia's biggest Amusement park being developed close to Shamshabad airport is to attract thousands of tourists everyday. Apparel Park - Spread over 176 Acres of prime Industrial land complete with banks, post offices, exhibition halls and shopping complexes is a conglomeration of several garment making units. Dubai Garments companies such as Vetco, Atraco and Cristal Garments located in Jabel Ali Free Zone have already decided to shift their operations to Apparel Park. Videocon Project - Videocon International, the country's largest Consumer electronics manufacturer plans to pump Rs. 500 Crores into its state of the art manufacturing facility in the next 3-4 years. Astra Micro Wave Products Ltd - Engaged in the manufacture of Communication related products including radar subsystems for defence and telecommunication sectors has embarked on a plan to set up its third plant near research centre Imarat. International University - 100 Acres allotted for the International University in Hyderabad will provide quality education for International scholars. The International University is sure to attract nearly 10,000 international scholars every year. AP Housing Board Township - Proposed 125 Acres township with Malaysian collaboration. In addition HUDA (hyderabad urban development authority) plans to auction a mega venture of 350 acres and develop a 600 Acres Township at Maheshwaram Mandal Nova Park - 3000 Acres of land has been allotted near the hardware park for the proposed NOVA Park. According to real estate experts once the adjacent ORR (Outer ring road) project is completed the existing prices in and around Shamshabad like Kothur; Mansanpally could go up by another 20-25 percent. The ORR project is a six lane express way encircling Hyderabad city and runs very close to the Shamshabad Airport. The dedicated airport rail link between Begumpet and Shamshabad will bring down the travel time from the city center to Shamshabad by more than 50 per cent and will also provide connectivity to the other big projects in and around Shamshabad airport. There have been various pending proposals for more real estate activity in and around Shamshabad. The rail link modeled on the lines of the rail corridor in Hong Kong and London could bring down the average travel time from 90 minutes to 22 minutes. Andhra Pradesh government has recently sabctioned the Shamshabad Police Station as the biggest police station in Hyderabad with a force of more than 200 personnel and this facility will also be the most modern police station in the state. MMTS(multi model transit system) Railway Station - The main MMTS Railway Station in Timmapur directly links this zone to the Cargo hold of the International Airport. With a sanction of 230 Crores for the development of Timmapur MMTS Railway Station, work is progressing at a rapid pace. What's more, the Outer Ring Road coupled with the Express Highway and MMTS Railway connectivity will lead straight to the IT Hub of Gacchibowli and Madhapur. For the area, it will mean a straight access to the future. (The writer Ajit Nair, is with Kenexa Technologies.)
With all the activity happening around the city, techie Ajit Nair joins the dots and explains why the future looks pretty awe-inspiring to him
The Upbeat India Story According to a statistic India churns out 350000 engineers (one third of the entire world estimated to produce 1 million annually), 70000 MBA's and close to a million graduates every year. Four states --Tamil Nadu, Andhra Pradesh, Maharashtra and Kerala -- account for 31 percent of India's population, but 69 percent of India's engineers. India boasts of 306 universities and 15000 colleges. Many people bet on India's generation young as we are the only nation with a huge segment of the total population between the age group of 20 - 35 years. India is young and India is booming, firing positive outlooks for almost all the sectors, ushering in an impressive middle class segment with a lot of buying clout. The Indian economy is showing signs of 9 per cent GDP growth to be sustainable in the next decade or so, which is a result of growth across sectors like IT, BPO, manufacturing and pharma. This in turn results in more real estate activity thus ensuring this spurt in real estate activity to be more fundamental by nature than purely being speculative. We are already talking about IT exports touching $60 billion dollars by 2010. Software exports stood at around $24 billion in 2006(Nasscom). The $60 billion target represents a compounded annual growth rate (CAGR) of 26.3 per cent. Similarly the Indian BPO segment contributed $6.5 billion to the total software and services exports and this is to cross $8 billion in 2007. Another area of great activity is Indian tourism industry, which has the potential to grow further by 50-100 percent annually. Hyderabad - The City Of Choice Andhra Pradesh, one of the bigger states in India has a huge pool of highly qualified manpower with 29 universities producing 55,000 engineers, 110 polytechnics and 563 industrial training institutes turning out thousands more skilled workers every year. Andhra Pradesh is well connected to major Indian cities like Delhi, Mumbai, Bangalore and Chennai. Andhra state is home to various emerging industries like bulk drugs/pharmaceuticals, horticulture, poultry farming, spices mines/minerals, textiles/apparels and now IT. Hyderabad is known for its rich history, culture and architecture representing its unique characteristic of a meeting point for North and South India, and its multilingual culture, both geographically and culturally. Hence, Hyderabad is considered to be the gateway of southern India. With a population of approximately 6.5 million (65 lakh), it is India's 5th largest metropolis and the 41st largest metropolitan area in the world. Hyderabad has a cosmopolitan culture and a very affordable living standard compared to other competitors like Delhi, Mumbai, and Bangalore. Hyderabad actually involves twin cities of Hyderabad and Secunderabad and also has many upcoming satellite townships like Shamshabad (the location for the new airport), Gachibowli, Uppal and so on. Hyderabad is the emerging IT /Biotechnology hub of India and has a very strong background in entertainment industry. Hyderabad has initiated a whole host of investment friendly initiatives from the governments of the past and present for almost a decade now, including a mix of public, private and private-public participation. Other than the the ambitious Shamshabad international airport, a whole host of other infrastructure features such as the longest flyover in India, the IT hubs in Hi tech city, Gachibowli, Uppal, Shamirpet, the genome valley Biotechnology hub, Semiconductor Park and the Outer Ring Road (ORR) project. Like many Indian cities, Hyderabad has witnessed a remarkable growth in the real estate business, thanks to a predominantly information technology-driven boom in the 1990s and the retail industry growth over the last few years which have spurred hectic commercial activity. A number of retail malls have come up or are being built in the city. The investment friendly government has also ensured extensive investments in the digital infrastructure within the city promoting the setting up of various educational campuses by a vast array of firms. Some of the very notable educational investments in pipeline being - Vedanta university, Birla campus, many prestigeous US universities etc.The city hosts two Central Universities, two Deemed Universities, and six State Universities. Shamshabad - the future outlook The new airport, widely tipped to be among the best in Asia having world class facilities is expected to cater a total of around 7 million passengers per year in the intial phase and finally upto 50 million passengers per year.This multi million dollar project has been built in an area of around 5,500 acres of land and will have the longest runway among Indian airports.The new airp[ort project also envisages plenty of real estate development within the airport like hotels, convention centers, shopping malls/entertainment complexes and Free Trade Zones etc. There is laso going to be a lot of business activity with regards to the adjacent Air Cargo comples and an MRO(Maintenance Repair and Overhaul facility) near or inside the airport. Hence, Shamshabad is witnessing many related investments in the area of hospitality, education, IT, ITES, Biotech parks, business parks, Special Economic Zones (SEZ) and housing coming up in and around the new International Airport. The Fabcity investment alone is around $3 billion and promises to generate an emplyment of around 1.5 million people by 2015 (both direct and indirect). The Fabcity project spanning over 1500 acres of land, being developed by a consortium of firms including both AMD and Intel, will open up a new business avenue of high end chip designing/testing and manufacturing, currently manufactured in few countries only. This is an extremly important project for India as it takes the Indian economy into the next level of the business learning curve. The second phase work on Fabcity project is set to commence from April 2007. Government of Andhra Pradesh has allotted close to 5000 acres of land for Software and Hardware park near Shamshabad ensuring a slew of MNC investments into these parks.. Other Related Investments in Shamshabad The Mucherla IT park - It is located around 14 kms from the new airport has 850 acres of land, where 20 acres have been allotted to dell.Infosys is setting up a 550 acre campus, the biggest software facility in India. Amusement Park - Asia's biggest Amusement park being developed close to Shamshabad airport is to attract thousands of tourists everyday. Apparel Park - Spread over 176 Acres of prime Industrial land complete with banks, post offices, exhibition halls and shopping complexes is a conglomeration of several garment making units. Dubai Garments companies such as Vetco, Atraco and Cristal Garments located in Jabel Ali Free Zone have already decided to shift their operations to Apparel Park. Videocon Project - Videocon International, the country's largest Consumer electronics manufacturer plans to pump Rs. 500 Crores into its state of the art manufacturing facility in the next 3-4 years. Astra Micro Wave Products Ltd - Engaged in the manufacture of Communication related products including radar subsystems for defence and telecommunication sectors has embarked on a plan to set up its third plant near research centre Imarat. International University - 100 Acres allotted for the International University in Hyderabad will provide quality education for International scholars. The International University is sure to attract nearly 10,000 international scholars every year. AP Housing Board Township - Proposed 125 Acres township with Malaysian collaboration. In addition HUDA (hyderabad urban development authority) plans to auction a mega venture of 350 acres and develop a 600 Acres Township at Maheshwaram Mandal Nova Park - 3000 Acres of land has been allotted near the hardware park for the proposed NOVA Park. According to real estate experts once the adjacent ORR (Outer ring road) project is completed the existing prices in and around Shamshabad like Kothur; Mansanpally could go up by another 20-25 percent. The ORR project is a six lane express way encircling Hyderabad city and runs very close to the Shamshabad Airport. The dedicated airport rail link between Begumpet and Shamshabad will bring down the travel time from the city center to Shamshabad by more than 50 per cent and will also provide connectivity to the other big projects in and around Shamshabad airport. There have been various pending proposals for more real estate activity in and around Shamshabad. The rail link modeled on the lines of the rail corridor in Hong Kong and London could bring down the average travel time from 90 minutes to 22 minutes. Andhra Pradesh government has recently sabctioned the Shamshabad Police Station as the biggest police station in Hyderabad with a force of more than 200 personnel and this facility will also be the most modern police station in the state. MMTS(multi model transit system) Railway Station - The main MMTS Railway Station in Timmapur directly links this zone to the Cargo hold of the International Airport. With a sanction of 230 Crores for the development of Timmapur MMTS Railway Station, work is progressing at a rapid pace. What's more, the Outer Ring Road coupled with the Express Highway and MMTS Railway connectivity will lead straight to the IT Hub of Gacchibowli and Madhapur. For the area, it will mean a straight access to the future. (The writer Ajit Nair, is with Kenexa Technologies.)
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