Hyderabad Metro Project Phase I is Expected to Become Operational in 2017
Hyderabad now faces a real estate boom with the Metro Project and the presence of IT companies makes it a best buy city. In comparison to the other metro cities, Hyderabad is relatively less expensive. Large parts of the city are being brought under the HMDA making it easily accessible.
New York, NY (PRWEB) July 30, 2010
The Hyderabad Metro Project Phase I is expected to become operational in 2017. The contract was originally awarded to the Maytas Corporation is now being handled by L&T. The aim is to create an efficient, safe, reliable, affordable & world class public transportation system in Hyderabad which will facilitate the city's transformation as a competitive global city with high quality of life. Greater Hyderabad is a mega city that covers 625 sq. km. of municipal corporation area and 6852 sq. km. of metropolitan area. It is fast emerging as the hub of IT/ITES, Biotech, Pharma and Tourism sector. Its strategic geographical location, multilingual and cosmopolitan culture, tremendous growth potential and investment-friendly economic policy are all making it an attractive destination for corporates, entrepreneurs, academicians and homemakers alike.
Large parts of the city are being brought under the HMDA making it easily accessible. There is already a spurt in the real estate business in Hyderabad and commercial and residential property space is increasingly available in attractive prices. Big names in the building industry are vying now for development of real estate in Hyderabad. With the added attraction of the Metro Rail your property search begins in the gowing economy of Hyderabad. be a part of the property boom and make the most a growing property industry. Invest in real estate now and reap handsome benefits at a later date.
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