The IT revolution that developed in the early 2000 led to many new commercial spaces and IT parks being developed in Hi-Tech city and its surroundings, with a need to cater to the increasing need of companies looking forward to set-up their offices in the software district. There is also a complementary increase in the residential spaces, with far flung areas in western corridor turning into residential hubs. With such a steep demand, the boundaries of both the IT industry and the adjoining residential localities have increased into nearby areas of Hi-Tech city and the cyber corridor.
One such example is Gachibowli, which is now popularly known as the financial district of the city-as a number of companies in the BFSI sector have made their presence in the location. Gachibowli was previously dotted with rocky terrains and is located at about 5 KMs from Hi-Tech city. It is a part of the Serilingampally municipality, and the Chevalla Lok Sabha constituency. The region is now being developed as an international business hub by popular Real Estate giant Tishman Speyer. It is also home to a number of hospitals and hotels to cater to the need of the residents. The international school of Business (ISB) and the International Institute of Information Technology (IIIT) along with the Maulana Azad National Urdu University.
Apart from the above, Gachibowli is also an emerging sports hub with many noteworthy sport centers such the GMC Balayogi stadium, Pullela Gopichand badminton academy, Gachibowli Indoor stadium and the aquatics complex being located here. It’s also well connected to many prominent parts of the city by means of the Nehru outer Ring Road, and various bus services and is close to the MMTS Lingampally station. The popularity of Gachibowli as a commercial hub and also an emerging residential hub has attracted many real-estate development firms who have taken up many noteworthy projects in the location to cater to the rising infrastructure needs in the location. One such group is the SHPL (Sandhya Hotels Private Limited) group led by its director Mr.Sreedhar Rao.
SHPL Group has many noteworthy projects in Gachibowli such as the Sandhya Convention center. The Sandhya Convention center is an amalgamation of traditional and contemporary design, and impressive interiors suited to the cosmopolitan environment of Hyderabad. It can accommodate up to 2000 guests and comes with impressive facilities such as artistic kitchens, elegant decors, spacious guest rooms and power backup. It has been the chosen venue for hosting corporate events and private functions alike, and is one of the landmarks in Gachibowli.
SHPL-Sandhya Hotels Private Limited Infra, which under the exemplary leadership of its Managing Director Mr. Sreedhar Rao, has built several landmark commercial spaces, IT parks, convention centers and Hotels in Hi-Tech city and its surroundings. One of their other popular built projects is the Sandhya Techno, located in Raidurg. Sandhya Techno is a stylishly built commercial space offering excellent infrastructural facilities in spacious and secure surroundings . The project is located in close proximity to the IT hub and has excellent rail and road connectivity. It has a floor area of 1 Lakh SFT in an 11 storey building. It’s easily commutable from the Rajiv Gandhi International Airport near Shamshabad and is gaining importance as one of the most popular commercial spaces in the location of Raidurg.
Sandhya Hotels Private Limited, led by its Managing Director Mr Sreedhar Rao has always prioritized on providing affordable commercial spaces, which have gained importance as landmark locations in their surroundings. A better working environment and providing value for money has been SHPL’s primary focus, and the director Mr.Sreedhar Rao’s client friendly approach has made its projects turning out to be lucrative commercial assets for its clients.
The SHPL group, led by its Director Mr.Sreedhar Rao is one of the leading landbank owners in Hyderabad, with many real estate properties spread across other south Indian cities such as Chennai and Bangalore too. The group has been focusing on commercial property development in Hyderabad, and has also made its mark in building Schools and Colleges, convention centers such as the Sandhya convention center in Gachibowli and Whitehouse Convention center in Saroornagar. It has also built several hotels such as the Ibis Hotel and its flagship Sandhya hotel in Lakdikapool in Hyderabad.
SHPL group has also built noteworthy commercial centers such as the SBR Pearl, SBR Gateway, Sandhya Trade center, Sun towers in Madhapur and SBR More. These locations have turned to be the hub of commercial activity in their areas and have become one of the most sought after locations for IT/ITES commercial spaces. The success of SHPL is credited to its Director Mr Sreedhar Rao’s standing focus on being customer-centric, by proving just not a commercial space for its clients, but as per his words which term the group’s biggest satisfaction as when commercial clients make significant returns on their investment. SHPL aims to be the agent of change in the real estate sector and endeavors to have at least delivering 25 million SFT of built-up commercial space by 2025. The SHPL group’s flagship motto “Lets grow together” is a standing testimony of its commitment towards its clients in its projects that it has delivered so far.
With such amenities careering both to the middle class and the upper strata of the economy, along with plush commercial spaces for corporates, Gachibowli in the western corridor has seen impressive commercial and residential growth in the past years, with steadily increasing demand for both commercial and residential spaces, increase in property rentals and land value. The demand is so high that the zone is continuously expanding its boundaries to nearby locations and is soon set to become a satellite city of Hyderabad-in every sense.
The financial district of Hyderabad-Gachibowli is soon set to be another IT/ITES hub in Hyderabad in its own accord, and is bound to have many more impressive commercial constructions to cater to the high demand for office spaces in the location. The coming years would see the role of many more prominent builders and property developers in Gachibowli building many key and impressive commercial projects.