Hyderabad to Witness Major Infrastructure Boost with New IT Park
Hyderabad is set to receive a significant infrastructure upgrade as the Telangana government has partnered with Singapore-based CapitaLand Group to develop a massive IT park spanning 10 lakh square feet. This ambitious project will see an investment of ₹450 crore from CapitaLand.
The announcement was made during a key meeting in Singapore attended by Telangana Chief Minister A Revanth Reddy, IT Minister D Sridhar Babu, Special Chief Secretary Jayesh Ranjan, and senior officials from CapitaLand Group. Prominent CapitaLand representatives included Gauri Shankar Nagabhushanam, CEO and Executive Director of CapitaLand India Trust Management, and Manohar Khaitani, Senior Executive Director.
CapitaLand, a global leader in real estate investment and development, has a diverse portfolio encompassing retail, office spaces, lodging, logistics, and data centers. In Hyderabad, the company already operates three major business parks: International Tech Park Hyderabad (ITPH), aVance Hyderabad, and CyberPearl.
Speaking about the new project, Gauri Shankar Nagabhushanam expressed confidence in Hyderabad’s business potential. He credited the Telangana government’s forward-thinking policies and Chief Minister Revanth Reddy’s leadership for creating a conducive environment for growth. He added, “We are excited to expand our footprint in Hyderabad, leveraging its vibrant ecosystem to deliver sustainable and world-class infrastructure.”
The upcoming IT park is expected to enhance Hyderabad’s status as a leading technology and business hub. It is designed to attract top-tier companies and meet the rising demand for premium office spaces and global capability centers (GCCs). Chief Minister Revanth Reddy hailed the project as a milestone, emphasizing its role in solidifying Hyderabad’s reputation as a preferred destination for global businesses.
In addition to the IT park, CapitaLand’s previously announced 25 MW IT load data center in Hyderabad is progressing as planned and is expected to become operational by mid-2025. This initiative highlights Hyderabad’s growing importance as a key center for digital infrastructure in India.
CapitaLand has also announced the second phase of redevelopment at the International Tech Park Hyderabad (ITPH), which will begin this year and is scheduled for completion by 2028. These developments underline the Telangana government’s dedication to boosting economic growth and further cementing Hyderabad’s position as a global business destination.
