Ahmedabad, the Capital City of Gujarat has created some fantastic infrastructure called Gujarat International Finance Tec-City (GIFT) which drives numerous investments to the state. Telangana government is also planning a similar Financial district in Hyderabad in terms of GIFT in Gujarat.
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The Financial district in Nanakramguda is already saturated and the new Financial district is being planned to accommodate the demand from the Banking, Financial Services and Insurance (BFSI) sector. The New Financial district will be spread over 50 acres and will be ready in the next six to nine months.
The government is looking at areas such as Puppalguda, Tellapur and Nagulappali for the proposed project. The move is also expected to boost the real estate sector in the city.
