Nanakramguda Financial District is an information technology, real estate and architectural suburb in

Serlingampally Serilingampally, also known as Lingampally, is a major suburb located in the north western part of Hyderabad City. It is the headquarters of the Serilingamapally mandal in the Ranga Reddy district of the Indian state of Telangana It is adminis ...

mandal, in

Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River, in the northern part of Southern India ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. The financial district covers an area of about .

History

Nanakramguda and

Gachibowli Gachibowli is a suburb of Hyderabad, Telangana, India, located in the Serilingampally mandal of the Rangareddy district. It is situated about 5 km away from HITEC City, another IT hub. Gachibowli is home to numerous tech companies and res ...

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. WaveRock is a 2.5 million square foot Information Technology-Special Economic Zone in Nanakramguda covering about 12 acres. 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 Tishman Speyer Properties is an American company that invests in real estate. History The firm was founded in 1978 by Robert Tishman and Jerry Speyer. In March 1988, the company announced its first project in Europe, the construction of a 70-s ...

Companies and IT Parks

ICICI Bank ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiari ...

also has Asia's biggest work place with over 4,000,000 square feet of space. The Nanakramguda Village,

Film Nagar Film Nagar, also known as Tinsel Town or Tollywood, is a neighborhood in the western part of Hyderabad, Telangana, India. It is notable for its place as the home of the entertainment industry, including several of Tollywood's historic studios ...

, and Nanakramguda temple are nearby. Major hospitals like Care and AIG are in the vicinity. SAS iTower, a high-rise commercial complex is on Khajaguda-Nanakramguda Road. The US consulate in Hyderabad will be having its own building in Nanakramguda. Spread across a 12.3-acre site, it will be the largest US consular processing campus in-

South East Asia Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical south-eastern region of Asia, consisting of the regions that are situated south of mainland ...

, both in terms of the number of visa windows and in area. The current US consulate campus in historic

Paigah Palace Paigah Palace is a palace in Hyderabad, India. It was built by Sir Vicar-ul-Umra, a Paigah nobleman. This was built after he gave the famous Falaknuma Palace to the sixth Nizam of Hyderabad state, Mahbub Ali Khan, Asaf Jah VI. The Palace ho ...

in Chiran Fort Club lane in

Begumpet Begumpet ("Begum's Place") is a part of Secunderabad, Hyderabad, Telangana, India. Begumpet is named after the daughter of the sixth Nizam ( Mahbub Ali Khan, Asaf Jah VI), Basheer Unnisa Begum, who received it as part of her wedding dowry when ...

will be shifted to Nanakramguda. 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. File:Amazon campus in Financial district.jpg, Amazon campus in Financial district.jpg File:Waverock buildings in Financial district (2).jpg, Waverock buildings File:Icici bank financial district hyderabad.jpg,

financial district hyderabad File:Q-City building in Financial district.jpg, Q-city File:Financial district gachibowli.jpg, view from ICICI Bank towers

References

{{Neighbourhoods of Hyderabad Neighbourhoods in Hyderabad, India Ranga Reddy district Financial districts in India Central business districts in India

History

Companies and IT Parks

See also

References