HITEC City, an abbreviation of Hyderabad Information Technology and Engineering Consultancy City, is an Indian diverse technology unit located in Hyderabad city of Telangana. Precisely, HITEC City is built over 300 acres of land in which 103 acres are induced with residential spaces all around the area. As the name suggests, HITEC City is a city on its own.
This area offers an array of employment and technology development opportunities in India. Recently, such developments have also instilled a demand for real estate where the majority of home buyers are destined to consider HITEC City among the prime areas of Hyderabad.
The area has always been known for its various commercial properties options with many open office spaces, tech parks, and formal infrastructure all around. The realty sector started promoting and planning residential properties around the HITEC City area, which fortunately turned out to be a positive aspect for the home buyers.
The same trend led to an excellent development of the social infrastructure and neighborhood. With best in class educational centers, health care facilities, and shopping malls at a proximity distance, this area has become more feasible for families.
Today, with the presence of top companies, business centers, and tech parks amidst a family-friendly social infrastructure, this area has a lot to give to the home buyers and investors. Speaking of the future valuation, the area is more sought with great appreciation and value all this time, and thus, it is estimated to be the same or even rise in the coming days.