The area is a major IT hub of Hyderabad comprising of L&T Infocity, HiTech CityII SEZ, Vanenburg IT Park.
It is a preferred Location of the IT Industry for both small & medium enterprises.Only a 20 minutes drive from the city and is well connected to the rest of the country by rail, road and air.
TCS, Infosys, Wipro and Tech Mahindra are some of the major IT/ITES organizations in the vicinity.
The office market in Hyderabad is dominated by the IT/ITeS sector which occupies 78% of the total Office space. The manufacturing and BFSI sector occupies 6% and 4% respectively.
Other service sector companies like consulting and media, constitutes almost 15% of the office market.
The IT/ITES sector accounts for approximately 2.84 million square feet of absorption in 2013. IT/ITES Sector companies such as Cognizant, Google and Amazon were among the companies that took up large format office spaces during this year.
The reasonable rental values and better infrastructure are the prime factors working in favor of the Hyderabad office market as compared to other IT/ITeS dominated cities.
