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Surrounding Commercial and Residential Areas in Hyderabad’s Western Corridor - Sreedhar Rao Sarnala SHPL

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SHPL Sandhyahotels
Surrounding Commercial and Residential Areas in Hyderabad’s Western Corridor - Sreedhar Rao Sarnala SHPL

Hyderabad has been a steadily growing cosmopolitan city in India till early 2000, and active real estate and commercial development was confined to a few parts of the city and some of its outskirts which slowly began to develop-owing to an emphasis on providing better infrastructural facilities by successive Governments. From early 2000, the city witnessed its biggest boom in the form of the IT revolution that happened in Hyderabad-with special economic zones and IT parks being developed to allow IT investors and global companies to set their footprint in Hyderabad. The early part of 2000 saw a steady increase in the city’s boundaries, with areas such as Madhapur-previously considered as the outskirts being brought into the forefront of commercial development.

Since then, the city has seen a steady increase in the number of IT companies setting their presence in Hyderabad, with Madhapur and Hi-Tech city seeing a steady increase in commercial development and a huge spike in land costs. This IT revolution has seen a large number of builders focusing on these areas, and this led to innumerable IT parks and commercial spaces being developed. The increase in commercial spaces, ease of availability of permissions to set-up IT companies in Hyderabad and better infrastructural and transport facilities and sate of art road connectivity saw a steady increase in the number of companies. The IT zone slowly moved towards interior parts of the western corridor of Hyderabad such as Kondapur, Gachibowli-which had gained prominence as the financial district of Hyderabad owing to a large number of BFSI companies setting-up their presence there.

With a need for quality commercially developed venues to cater to the increasing needs of companies looking forward to set-up their branches in the western corridor, several prominent builders such as the Raheja group, Shapoorji Pallonji group and many more have constructed premier commercial spaces in the zone, and made it the IT hub of Hyderabad. One such group which has achieved phenomenal success in building commercial spaces in the western corridor of Hyderabad is the Sandhya Hotels Private Limited (SHPL) Infrastructure group led by Mr Sreedhar Rao. The group has several noteworthy landmark commercial properties that have been aesthetically developed with modern infrastructure and an eco-friendly construction and usage approach. These commercial avenues such as Sandhya Techno, Sandhya Elite and SBR Siri IT park in Raidurg have made the SHPL group one of the leading commercial property developers in Hyderabad.

The SHPL group owes it success to the dynamic leadership of its Director Mr.Sreedhar Rao, whose vision has fuelled its impressive growth. The SHPL group has impressive landbanks in several prominent Indian cities such as Hyderabad, Bangalore and Chennai and is one of the largest  landbank owners in Hyderabad. The SHPL group, under its Director Mr Sreedhar Rao has a mission to provide 25 Million SFT of developed spaces by 2025. The group has a vision to be the pioneer in path breaking real estate breakthroughs and become one of the most respected infrastructure companies in India. Its philosophy is driven by a goal to build business spaces that enable businesses and organizations to thrive in a better working environment, and SHPL group endeavors to fuel their growth and make the investment profitable for its clients by providing excellent commercial ventures.

Sandhya Hotels Private Limited (SHPL) group’s Director Mr Sreedhar Rao has a unique customer-centric approach that reflects in the commercial ventures that the group has built. Each of its ventures, be it IT parks, convention centers and individual commercial spaces have been built to give their clients the best of infrastructure and design in prime locations-which have made these ventures individual landmarks in their own right. The construction prides on dazzling designs with matchless amenities and an eco-friendly construction that gives its clients the best value for their money. The heavy appreciation in the commercial value of such properties is a testimony of the SHPL Director’s Mr Sreedhar Rao’s commitment to give clients a property that enables them not just to occupy and run, but to give a significant return to their investment.

With such an increase in commercial activity in the western corridor and the associated IT/ITES investment, there has been a surge in IT recruitment leading to an increase of employees-both from Hyderabad and other parts of the country, as the demand for skilled IT and ITES professionals was steadily growing in Hyderabad. This led to a huge demand for quality and affordable living spaces near to the IT zone, and this saw the advent of development in the deep interior areas of the western corridor. Before 2000, the residential presence in the western corridor was limited to a few areas such as Kukatpally, and it rapidly spread to the whole of Kukatpally and its surroundings with many gated townships such as Malaysian Township, Prajay Megapolis and many more projects providing affordable housing solutions to the buyers.

The boom in residential demand soon saw nearby areas of Kukatpally gaining prominence, such as Miyapur, Kondapur, Nizampet and even Gachibowli and Manikonda. Many prominent construction ventures in these areas have focused on providing affordable independent houses and apartments to the employee sector. They have also seen high-end residential property development such as gated communities, Villas and deluxe Duplex houses to cater to the diverse residential needs.

With such a spurt in the demand of residential facilities in the western corridor of Hyderabad, there has been an increase emphasis on providing better infrastructural facilities, better road connectivity and easy local rail stations to provide the citizens the best facilities in the western corridor. The Hyderabad Metro Rail project has made commuting much easier and faster for employees who work in the western corridor, and has provided easy connectivity to interior parts of the city. The upgrading of the MMTS lines and rail coaches has made travelling to the western corridor affordable and much easier.

All of these facilities have served as a perfect support for the commercial growth of the western corridor of Hyderabad-and the city is steadily developing as one of the most preferred IT destination in India. The coming years would see more development in commercial spaces in Hyderabad, with residential facilities providing the perfect support for the surge, and the SHPL group, under its Director Mr.Sreedhar Rao aims to reach new heights in providing quality commercial spaces in Hyderabad.

 

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