Transport Corridor: a Blessing for Hyderabad Real Estate

By: George Gonigal

In view of taking Hyderabad at a level at par with its global counterparts, the Andhra Pradesh government has chalked out a slew of infrastructure projects for the city. The developments are focused on residential real estate contributing to urban settlement around the Hyderabad Metropolitan Area.

The proposed 159 km transport corridor will act as an orbital linkage to the existing arterials connecting Patancheru, Shamshabad, Hayathnagar and Medchal with each other with inter-linkage to various National and State Highways. "Not just these roads will decongest traffic on Hyderabad roads, but will play a pivotal role in the development of satellite towns, which have otherwise become a segregated part of the city," said a Ratnesh Tripathi, a marketing officer of Swagat Housing Group, a property builder group in Hyderabad.

He informed that the kind of pressure NH7 and NH9 are undergoing, they should be upgraded to at least six lane highway. Studies also corroborate that traffic condition at these two critical highways has grown by 10 times than what was there in year 2000. Development of new transport corridor will tremendously help to take the pressure off these overburdened roads.

look these developments in their favour. "The corridor will enable easy access to Shamshabad international airport, and this can be the single-largest factor that can pump property values in Hyderabad," states Venkusa Estates official, adding that the combination of high-speed corridor and airport will be something that will change not only the infrastructure but real estate profile of Hyderabad."

The new urban nodes located at the peripheries of Hyderabad like Games Village, Singapore Township Financial District, and Hardware Park will also enjoy superior connectivity via the road network of Narsingi- Kollur- Patancheru- Medchal- Shamirpet- Peddamberpet-Turkayamanjil-Tukkuguda-Shamshabad. The iconic International School of Business (ISB), counted as one of the finest management institutes of world, of Hyderabad will also be benefited from the project.

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