Hyderabad, the capital of Telangana, is not only known for its IT industry in the country but worldwide with the iconic cyber-towers and IT hub called Hitech City. It is already fully developed and the city development has largely concentrated on the west part of Hyderabad with an ever-increasing number of IT companies in the region.
The state government decided to develop a new IT hub on the northern side of Hyderabad, near the Hyderabad-Mumbai highway (NH 65, only 1/2 miles away from the Outer Ring Road), to help balance the development and expansion in the city and in IT industries.
New IT Hub Development Plans
Under the guidelines of IT, Industries, and MA&UD Minister, and MA&UD Minister KT Rama Rao, a 640-acre land at Kollur-Edulanagulapally has been identified by the Metropolitan Development Authority (HMDA) of Hyderabad at around 50km from Hyderabad. The parcel of land extends from Ramachandrapuram Mandal in the Sangareddy district in Kollur-Edullanagulapally to Kondakal in the shankarpally Mandal of the district of Rangareddy.
The HMDA also has developed a draft area development plan and, according to official sources, the government is expected to approve it soon.
HMDA will start to pool the land, although 60 percent of the location identified belongs to the Government once the plan is approved by the cabinet. The land pooling will be carried out on the basis of a compensatory transfer of land to the private owners of the total area of the land.
The area plan developed by HMDA indicates that the remaining 40 percent will be allocated to the landowners who sell their land for the hub to companies establishing IT and ITES companies. according to the authorities.
Within three years, the officials said, the whole hub is being developed to set up IT and ITES companies. The project will balance both the development of the city and the IT sector and create a million jobs, as the government desires.
By: Shailaja K