Nanakramguda
Financial District
Skyline of Nanakramguda from Gachibowli
Skyline of Nanakramguda from Gachibowli
Nanakramguda is located in Telangana
Nanakramguda
Nanakramguda
Location in Telangana, India
Nanakramguda is located in India
Nanakramguda
Nanakramguda
Nanakramguda (India)
Coordinates: 17°25′N 78°21′E / 17.417°N 78.350°E / 17.417; 78.350Coordinates: 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 2003; 19 years ago (2003-11-22)
Founded byN. Chandrababu Naidu
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

Nanakramguda 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 Care and AIG are in the vicinity.[11] SAS iTower, a high-rise commercial complex is on Khajaguda-Nanakramguda Road.[12]

The US consulate in Hyderabad will be having its own building in Nanakramguda.[13] 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.[14] The current US consulate campus in historic Paigah Palace in Chiran Fort Club lane in Begumpet will be shifted to Nanakramguda.[15]

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.[16][17]

See also

References

  1. ^ "Telangana government plans new financial district".
  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".
  5. ^ "International business hub planned".
  6. ^ "Hyderabad's IT-SEZ WaveRock bought by Shapoorji-Allianz JV for Rs 1,800 crore".
  7. ^ "Hamlet unchanged: Welcome to Nanakramguda".
  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. ^ "One of the busiest in country, US consulate General in Hyderabad to get new office".
  14. ^ "US to establish SE Asia's largest Consulate campus in Hyderabad".
  15. ^ "US Consul office to shift only by mid-2022".
  16. ^ "7 things you should know about Amazon's newest campus". Amazon India. 22 May 2020. Retrieved 22 September 2021.((cite web)): CS1 maint: url-status (link)
  17. ^ "Amazon Opens Its Largest Campus in the World in Hyderabad". NDTV Gadgets 360. Retrieved 21 August 2019.