One is Hyderabad before Telengana, and the other, Hyderabad after Telengana.
Change is nothing new to Hyderabad. Over the years it has had many avatars – it has changed, metamorphosed from being a princely state (yes, Hyderabad was then a state and a capital city), whichwas the largest and most prosperous of all princely states in India with its own army, railways, telecommunications and its own currency, to becoming a capital city in the forefront of industrial and IT revolution in India.
From being the hub of diamond and pearl trading back then, Hyderabad, in the last 10 years, has earner the moniker of Cyderabad due to being one of the prime IT and ITES hubs of the country. The city is home to IT giants such as Google, IBM, Dell, Oracle, General Electric, Amazon, Apple and Microsoft. It’s also called the Genome Valley, due to its eminence in pharmaceuticals and biotechnology industries. It is the 5th largest contributor of GDP in the country and one of the largest exporters of IT brains to the US.
of all princely states in India with its own army, railways, telecommunications and its own currency, to becoming a capital city in the forefront of industrial and IT revolution in India.
And now it is the capital city of 2 large states in India – Telengana and Andhra Pradesh. So, the question remains, is there or would there be a pre and post effect of Telengana on Hyderabad. Unlikely. Most of the big changes would be political and administrative. Hyderabad is already a city that is solid in terms of infrastructure, industry, real estate and culture.
The political uncertainty the last few years had played a deterrent and there was a slump in new investments in industry and in real estate. With the picture clear for the next 10 years, Hyderabad is now poised for a long and strong innings at the crease, and things can only boom. With an influx of people and capital with all the new investments, the hi-end real estate in Hyderabad is specifically looking strong and will start seeing good returns.