In the past 10 years, we have seen the city of chai transform into the city of IT. Be informed, Hyderabad's journey of transformation has merely begun. from technology leaders to industry giants across domains, everyone is coming to Hyderabad.And in few years time the city of IT will transform itself into the city of virtual services.
Hyderabad is steadily transforming into a hub of modernization and technological development. The change has been drastic over the last decade that is more revolutionary than evolutionary. The Genome Valley with its biotechnology park, Hi-tech City with its IT hub, the new international airport on the outskirts of the city and other industries have also prompted the real estates business to wake up from its slumber and step up its pace. Even the name that had aliases like Bhagyanagar earlier now became modern with names like Cyberabad. The spreading city meant that even the controls grew, changing hands from MCH, Hyderabad to GHMC (Greater Hyderabad Municipal Corporation).
It goes without saying that the population of the city too has grown from around 40 lakhs in the eighties to around 85 lakhs in 2007. Growth means opportunities. Growth means scope for development. Growth means a chance for wise investment.
A comparative study shows that Hyderabad is the fastest growing metropolis in the country with a cosmopolitan outlook with the cost of real estate investment being still in the realms of the middle class investor.
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