HITEC City, also known as Hyderabad Information Technology Engineering Consultancy City, is a well-known technology township in Hyderabad located in the heart of the information technology industry. The township is located in the Madhapur, Gachibowli, Kondapur, Manikonda, Tellapur, Nanakramguda, and Sharthpur suburbs and spans 151 acres.
The IT Township located in the north-western outskirts of the city was named HITEC City in honor of its IT advancement and software development. India's IT revolution had paved the way for the development of HITEC City, fetching Hyderabad the title of IT capital of India. Workafella’s coworking spaces for rent have three centres located in the HITEC city. They are Western Aqua, Western Pearl, and Cyber Crown. (We also have one business centre in Banjara Hills, Hyderabad: Click here to Know more) All three centres have exquisite workspaces and excellent business amenities.
Here are our top 6 reasons to choose Workafella Coworking spaces in HITEC City, Hyderabad
Future Facing IT Hub
Hyderabad's HITEC city is the outcome of India's information technology revolution. The government realized the enormous potential for Information Technology Township and the significance of a proper infrastructure to attract investments from businesses. This realization led to the development of HITEC city, consequently attracting huge private capital and Foreign Direct Investments. Hyderabad is a competitive investment destination for affordable pricing.
Workafella’s coworking spaces in HITEC city are the perfect spot to place your business and enhance your brand visibility. Get your business a prestigious address and position your business among the top IT giants of the world like Microsoft, Oracle, Toshiba, Google, and other well-known Fortune 500 companies!
HITEC City is an integrated township, built to attract young professionals to not just work but also to reside. It has standalone villas, residential buildings, housing colonies, shopping complexes, educational institutions, health clubs, financial institutions, etc.
Workafella’s coworking spaces in HITEC city are close to the residential projects offering the modern workforce with complete amenities at arm’s reach.
Hitech and Collaborative Workspaces
Tech-enabled workspaces have become an indispensable part of work lives with a promising future. Workafella’s coworking spaces in Hyderabad offer a supreme work environment with hi-tech enabled workspaces, sophisticated décor, and a collaborative community. Workafella’s spaces in Hyderabad are the smart office solutions for the smarter workforce of today!
The state government is in talks for the development of MonoRail in addition to the existing Multi-Modal Transport System (MMTS) and the Metro Rail. The MonoRail project can improve the connectivity between the city suburbs and HITEC city with other prime commercial districts of Hyderabad.
HITEC City is well-connected to Hyderabad's major roads, motorways, and public transportation systems. Many multinational enterprises, real estate players, commercial establishments, and lifestyle destinations have benefited from this connectivity, which has enticed people from India and overseas to make this their permanent address.
Rapid Real Estate Development
Hyderabad is rapidly growing, and the real estate sector is also witnessing a stable escalation in the last three years with mushrooming IT industries, pharmaceutical industries, commercial and residential projects. Hyderabad will overtake other metro cities in the next few years.
The real estate sector is booming, and CREDAI has praised the Telangana government for its consistent efforts in improving the real estate sector. Commercial office rentals have climbed by 23% in the last three years, with approximately 6.5 million square feet of office space absorbed in 2016.
Increased commercial office rental rates imply that renting office space will turn- out to be an expensive affair for businesses. Workafella’s coworking office spaces in HITEC city are a perfect option for these businesses to set up their offices rather than renting a commercial space outside. Enterprises can enjoy the complete set of amenities with fewer efforts!
Preferred Destination for Businesses
Telangana is among the TOP 5 cities to start a business. The World Bank’s "Ease of Doing Business" survey has mentioned Hyderabad among the top 5 cities to start a business. In 2020-21, Telangana was the sixth highest contributor to the country's GDP at the prevailing prices. Further, the per capita income (PCI) for Telangana was Rs 2,37,632 as against national PCI of Rs 1,28,829 in 2020-21. The PCI stands as an economic indicator of the well-being of a population. It is noteworthy that Telangana’s PCI was 1.84 times that of the national PCI. (Source: New Indian Express)
HITEC city will continue to be a hotspot among IT/ITES and businesses to expand their operations owing to the strong infrastructure and regulated framework. The companies also have access to a vast talent pool from across the country.
To sum it up, Workafella’s coworking spaces in HITEC city open doors to the world of possibilities and limitless opportunities for professionals to grow up the career ladder. Book a tour at any of our coworking spaces in HITEC City: Western Pearl, Western Aqua or Cyber Crown.