Why is the Hyderabad-Vijayawada highway the next Gachibowli?
Gachibowli has always been known as Hyderabad’s IT suburb due to its proximity to all IT hubs such as Infosys, Google, Microsoft IDC, and many more. The region is also known for its easy access to exceptional infrastructure and amenities that allow its residents to live a luxurious and convenient lifestyle. But now there is an alternate location in boom all set to replace Gachibowli as the new IT hub, an industrial suburb of Hyderabad providing unmatchable features for a lifestyle upgrade – “The Vijayawada -Hyderabad Highway”.
The city of Hyderabad is undergoing massive expansion projects due to the rapid growth in the industrial field, including those in the fields of electronics, aviation, defense and aerospace, pharmaceuticals, food processing, wood-based industries, and MSMEs. In collaboration with CREDAI Real Estate, the government of Hyderabad is working hard to expand the eastern zone of Hyderabad to meet the dire needs of the real estate industry. This rapid expansion project is directly related to the question: why is the Hyderabad-Vijayawada highway the next Gachibowli?
The city has experienced 20,000+ units of industries set up, involving $35 billion in investments. The real estate industry is rapidly competing with the demands that the city is imposing on them. Hyderabad’s issue-tracking system has always been strong in addressing any issues, thus resulting in the expansion of the city’s eastern part. The speculation that the Hyderabad – Vijayawada Highway is the next Gachibowli has gained traction due to the rapid expansion of the industrial and IT growth in and around Hyderabad.
The government of Hyderabad is now committed to providing good infrastructure, amenities and facilities, power supply, and water supply around the outskirts of Hyderabad to ensure smooth operation. Water is always available everywhere in Telangana, thanks to the Mission Bhagiratha. The government fully supports each industrial development plan throughout the city, ensuring easy access to power.
With time, Hyderabad has experienced rapid growth; previously, only MCH was well-connected, and areas like Sanathnagar, Balanagar, GS Metla, and Pashamylaram were regarded as outskirts. However, these places are now well connected within the city limits. In fact, the Hyderabad-Vijayawada highway belt has accomplished the connectivity phase, and the investment response has been phenomenal in this region.
The newest project to be built alongside this highway is a non-polluting, lush green industrial park at Dandu Malkapur, Choutuppal. The MSMEs and SME companies are given opportunities within the park’s 354.15 acres of land, which is still growing in response to the anticipated demand. This park is a neutralizing force for businesses of all sizes and types, including the furniture and toy industries.
In east Hyderabad, 5 new IT technoparks will reportedly create 30,000 new job opportunities. The Hyderabad-Vijayawada highway has a number of projects already in the pipeline, including the expansion of HYD-VGA NH 65, which will extend until Malkapur at an estimated cost of Rs. 545 crores, the first logistics park, which is 22 acres in size located in Mangalpally, another logistics park – the 40-acre HMDA Truck Dock Logistics Park is located in Batasingaram. All the projects, including the IT corridor, will be functioning under the fast-track monitoring of the state government for quick construction.
The food processing sector, the electric mobility industry, and the Space Tech Park are all located in Hyderabad’s eastern corridor, that’s part of the same belt. In tier-II cities, a lot of IT companies, both domestically and internationally, are expanding.
Pochampally is the primary location for handlooms, and the government is attempting to modernize this sector by establishing a multinational corporation to handle international marketing for Hyderabad’s handloom weaving industry.
The government also acknowledges that the city is now a landlocked state without a seaport to import and export cargo. The government is collaborating closely with the Andhra government to create a strong connection and initiate the flow of import and export through some pipelined ports.
Overall, the industrial environment along the Hyderabad-Vijayawada highway is quickly taking shape. The future appears bright, flourishing, and stable, with various job opportunities for the local population. The outer ring road that already connects provides excellent connectivity. The regional ring road will soon have an additional connection to Bhuvangiri, Choutuppal & Ibrahimpatnam and access to east coast ports.
Development Plans In The Hyderabad-Vijayawada Region
Many fresh real estate developers are starting projects to offer residential plots in this belt in addition to the government. The Telangana government’s Principal Secretary for Industries, Commerce, and Information Technology, Mr. Jayesh Ranjan Sir, shared his vision and ongoing project on the Hyderabad-Vijayawada highway, noting that the eastern part of Hyderabad is expanding quickly. The Hyderabad-Vijayawada highway is undoubtedly the “Road to the Future,” offering unlimited growth and investment opportunities across all sectors.
In an interview with renowned business journalist Ashutosh Sinha, the vice-president of CREDAI National of the real estate industry, Mr. Ram Reddy, discussed the need for Hyderabad expansion. He said, “The growth in Hyderabad is growing phenomenally, people are migrating to cities like Hyderabad for more job opportunities, and of course, Hyderabad has the potential to provide work opportunities for all. The commercial and industrial sectors are inevitably growing due to population growth, which necessitates expanding Hyderabad’s borders. It’s the need of the hour!!
According to Gypsum Paul, senior executive director and head of Hyderabad CBRE, a real estate consulting firm, and transaction advisory services, the city has grown rapidly over time. Growing to accommodate city expansion and building the necessary infrastructure is crucial. It is now time for the city’s east side to develop!
The Hyderabad-Vijayawada highway is receiving attention, resonating highly in the real estate market. It’s time to develop the east side of the city to relieve congestion on the west side, which has many infrastructures. It’s time to balance the city’s development on all sides.
The central government, state government, and companies are working together to bring resources and growth to the Hyderabad real estate industry.
“Technology can bring in the evolution and security in the real estate industry,” says Raghavendra Raghava, co-founder of Blue Copa, an automation software company aware of the revenue and constraint issues. In order to collaborate with infrastructure providers and software firms that can offer the proper security and enhancement in the real estate industry, developers should identify the appropriate use cases.
According to Eshwar Nagarajan, CEO of G Square Housing, the cost of real estate investment in the Hyderabad-Vijayawada highway is very reasonable. There is a clear future potential for appreciation of all investments anyone makes today in residential, commercial, and industrial plots.
This corridor is in the ideal spotlight to meet the growing demand of Hyderabad’s real estate industry. It is an excellent corridor from any real estate investment standpoint.
Additionally, there has been a significant shift in the mindset of those investing in the real estate market; people now desire more extensive, more opulent homes that promote a healthy and luxurious lifestyle, and upcoming projects here meet the requirements.
Considering all the development plans being incorporated into the Hyderabad-Vijayawada highway through CREDAI, state government, and real estate developers, it is just fair enough to declare that the Hyderabad-Vijayawada highway is the next Gachibowli.
One of the golden opportunities this corridor has is the largest project of Hyderabad – the G Square Epitome Integrated City which is located amidst the Hyderabad-Vijayawada highway. This project is spread across 1242 acres of land providing 140+ amenities, pre and post-transaction guidance, an easy investment process and much more.