Financial District
Central business district
Skyline of Financial District
Skyline of Financial District
Financial District is located in Hyderabad
Financial District
Financial District
Location in Hyderabad, India
Financial District is located in Telangana
Financial District
Financial District
Financial District (Telangana)
Financial District is located in India
Financial District
Financial District
Financial District (India)
Coordinates: 17°25′N 78°21′E / 17.417°N 78.350°E / 17.417; 78.350
Country India
StateTelangana
DistrictRanga Reddy District
MetroHyderabad
Established22 November 2004; 19 years ago (2004-11-22)
Founded byGovernment of Andhra Pradesh
Government
 • BodyGHMC
Area
 • Total0.30 km2 (0.12 sq mi)
Languages
 • OfficialTelugu, Urdu
Time zoneUTC+5:30 (IST)
PIN
500 008
Vehicle registrationTS
Lok Sabha constituencyHyderabad
Vidhan Sabha constituencySerilingampally
Planning agencyGHMC
Websitetelangana.gov.in

Financial District is an information technology, real estate and architectural suburb in Serlingampally mandal, in Hyderabad, India. The Financial district covers an area of about 75-acre (0.30 km2).[1][2][3][4]

History

Nanakramguda and Gachibowli were the areas which were part of the first phase of the Financial district. The first phase is home to TSI Business Parks, special economic zones, and the WaveRock Building, which houses multinational conglomerates.[5] WaveRock is a 2.5 million square foot Information Technology-Special Economic Zone in Nanakramguda covering about 12 acres.[6] The special economic zone houses over 25 information technology companies including Apple, GAP, Accenture, Development Bank of Singapore, and DuPont, and has close to 25,000 to 30,000 employees working out of the premises. In December 2019, WaveRock was bought by the Shapoorji Pallonji Real Estate Fund for Rs 1,800 crore from Tishman Speyer.

Companies and IT Parks

ICICI Bank also has Asia's biggest work place with over 4,000,000 square feet of space. The Nanakramguda Village,[7] Film Nagar, and Nanakramguda temple are nearby.[8][9][10] Major hospitals like Continental Hospital, Care and AIG are in the vicinity.[11] SAS Infra iTower, a high-rise commercial complex is on Khajaguda-Nanakramguda Road.[12]

The US consulate in Hyderabad will be shifting to its own building in Nanakramguda on 20 March 2023.[13][14] Spread across a 12.3-acre site, it will be the largest US consular processing campus in-South East Asia, both in terms of the number of visa windows and in area.[15] The current US consulate campus in historic Paigah Palace in Chiran Fort Club lane in Begumpet will be shifted to Nanakramguda.[16]

On 21 August 2019, Amazon opened its largest campus in the world at Nanakramguda. It is the first Amazon-owned campus located outside the United States and features the largest Amazon-owned building in the world. The 9.7 acre campus houses over 15,000 employees.[17][18]

Google's new Hyderabad facility in the Financial District, Nanakramguda will be a 3.3 Million sft energy efficient campus built with sustainability.[19] Google acquired the 7.3-acre site in 2019.[20]

Healthcare

Financial District is an upcoming hub for healthcare. Some of the major healthcare centers have opened branches in this area to cater to large IT crowd. Some of the popular hospitals and healthcare centers are

Continental Hospitals

Star Hospitals

Rainbow Hospital

Boon IVF & Fertility

Sankara Eye Hospital

Other sights

See also

References

  1. ^ "Telangana government plans new financial district". The Times of India.
  2. ^ "Financial District land sells like hot cake".
  3. ^ "NYSE to help Andhra set up financial district in Hyderabad".
  4. ^ "Poor response to financial districts plan". The Times of India.
  5. ^ "International business hub planned". The Hindu.
  6. ^ "Hyderabad's IT-SEZ WaveRock bought by Shapoorji-Allianz JV for Rs 1,800 crore". The Times of India.
  7. ^ "Hamlet unchanged: Welcome to Nanakramguda". The Hindu.
  8. ^ Kumar, S. Sandeep (2 April 2013). "Hamlet unchanged: Welcome to Nanakramguda" – via www.thehindu.com.
  9. ^ International business hub planned | The Hindu
  10. ^ "Pin code of Nanakramguda". citypincode.in. Retrieved 6 March 2014.
  11. ^ "Nanakramguda, favourite for real estate investors".
  12. ^ "Embassy Group partners with SAS Infra to develop 3 in Hyderabad's Financial District".
  13. ^ "US Consulate General to move into new facility in Nanakramguda on March 20". The Hindu.
  14. ^ "One of the busiest in country, US consulate General in Hyderabad to get new office".
  15. ^ "US to establish SE Asia's largest Consulate campus in Hyderabad".
  16. ^ "US Consul office to shift only by mid-2022".
  17. ^ "7 things you should know about Amazon's newest campus". Amazon India. 22 May 2020. Retrieved 22 September 2021.
  18. ^ "Amazon Opens Its Largest Campus in the World in Hyderabad". NDTV Gadgets 360. Retrieved 21 August 2019.
  19. ^ "Work kicks off on Google's campus in Hyderabad".
  20. ^ "Google begins work on Hyderabad campus, largest outside its headquarters".
  21. ^ "Lack of safety for drivers puts go-karting in dangerous lane". The Times of India.
  22. ^ "Wipro lake littered with garbage, plastic".
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