Hyderabad to have ample office space through SEZs
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Hyderabad has an excellent IT Infrastructure, an exceptional human resource base trade, pleasant rules and a practical Govt. So, the ‘Nawab City’ is the most favorite realty destinations in India. It has 40 IT SEZs and working out to achieve USD 7 Billion spot with a potential growth of 50% through the present Fiscal. An expected 60-75 Million Sq.ft of IT/ITES exact commercial office space is likely to come up through SEZs alone by 2010 in India. Out of 7 cities where such zones are coming up, Hyderabad leads with around 30% of the total projected supply of realty, followed by Pune, Bangalore and Chennai.
If the revealed source with the www.propertykhazana.com is considered then, South Zone is the leader of the SEZ movement in the country, reporting for 36% of total agreements coming till date. One state which has visibly conquered the outlook is Andhra Pradesh, which reports for almost 25% of all announcements. Relating to the realty development activity in the state comprise the districts of Hyderabad and Vizag, actually new commercial space in SEZ is going to outshine the new cater in Non-SEZ space in the forthcoming years.
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