Hospitality industry in the Andhra Pradesh capital is immensely gaining from fantastic growths in IT, BPO, as well as related sectors. This is evident in the property developments across the city and new resorts coming up to accommodate the growing visitor demands. Hotels near Whitefield Hyderabad offer a strategic location to the guests, situated as they are in the Kondapur suburban area. This is one of the localities, which is showing fast-paced growth within the last few years in keeping with the booming IT industry.
Hotels near Whitefield Hyderabad Reflect the Fast Paced Growth of the City
Investors find Hyderabad a favorite hub especially with its quality infrastructure and numerous attractions like the SEZ, IT campuses, industrial parks, as well as the brand-new International Airport at Shamshabad. Realty markets are showing tremendous potential because of demands related to IT/ITeS anchoring this city. The primary factors driving the demands besides the information technology world are Insurance, Biotech, Engineering, Pharmaceutical, Financial, Telecom, and Retail Banking.
Commercial sectors in the city attract interest from some of the major corporate houses and this has increased the occupancy rate in the various hospitality places across the city. Hotels near Film Nagar Hyderabad however attracts all kinds of visitors ranging from star struck people, casual guests, and business minded entities. After all, Film Nagar consisting of Madhapur, Nanakramguda, Jubilee Hills, and Banjara Hills is one of the major areas in the city and an important residential hub.
Corporate investments and IT developments have initiated the growth of various parts of the city. This includes Shri Nagar Colony, Gachibowli, High-Tech City, Begumpet, Somajiguda, Miyapur, and Punjagutta besides the various areas constituting the Film Nagar suburb. Not without reason, Hyderabad has the distinction of being India's Silicon Valley and this tag has been there undisputed for many years now. Digital infrastructure investments have only grown through the years with many companies setting up campuses in the city.
The business district of the city is centrally located, constituting of such areas as Secunderabad, Abids, Ameerpet, Punjagutta, Somajiguda, and Begumpet. IT/ITES developments are concentrated in various peripheral and suburban locations including Madhapur, Gachibowli, Badanpet, Jubilee Hills, High-Tech City, and Kondapur. Hotels near Whitefield Hyderabad naturally see a growth in occupancy. So fast is the growth associated with this area, people believe that any day it will get the status of third city after the twin cities of Hyderabad and Secunderabad.
Banjara Hills and Begumpet in spite of being prime locations do not have IT/ITES concentration simply because large floor plates are not available in this region. Developments in the hospitality industries are in keeping with other related developments. This includes increasing demands for commercial spaces by the corporate houses and for living space by the expat population. To cater to them, retail outlets have opened up and so has many more hotels near Film Nagar Hyderabad.
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