HITEC city
The VEGA Towers - HITEC City
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Native name
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హైటెక్ సిటీ ہائیٹیک سٹی |
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| Industry | Information Technology |
| Headquarters | Hyderabad, Telangana, India |
| Website | www |
The Hyderabad Information Technology and Engineering Consultancy City, abbreviated as HITEC City, is one of the leading Information Technology, Engineering, Health informatics, and Bioinformatics hubs of India situated in Hyderabad, India. HITEC City is spread across 200 acres (81 ha) of land under suburbs of Madhapur, Gachibowli, Kondapur, Manikonda, and Nanakramguda, the technology township is also known as Cyberabad. HITEC City is within two kilometers of the residential and commercial suburb of Jubilee Hills. HITEC City was commissioned initially with L&T ECC and was named L&T INFOCITY. The Project is being developed by Larsen and Toubro Limited through its Special Purpose Vehicle, L&T Hitech City Limited, a joint venture company of L&T Infocity Limited and Andhra Pradesh Industrial Infrastructure Corporation Limited. HITEC City has emerged as the symbolic heart of cosmopolitan Hyderabad.
The project is spread over 30 acres (12 ha) of land and was envisaged to develop 1,100,000 sq ft (100,000 m2). of IT space and 450,000 sq ft (42,000 m2). of residential space in a phased manner. The Project offers multitenanted as well as Built-to-suit (BTS) facilities. It is strategically located, and caters to all segments of the IT Industry including small & medium enterprises, with office areas starting from as small as 2,500 sq ft (230 m2). The first IT block, "MEDHA", was inaugurated by K. Rosaiah, then Chief Minister of Andhra Pradesh, on 28 January 2010.
The project was initiated by APIIC with participation of private infrastructure companies like L&T, Raheja corporation, Ascendas IT Park, Vanenburg Corporation, Peepul Capital (successor to iLabs Venture Capital Fund), SP, RMZ corporation, Divyasree infrastructure, Lancohills technology park, DLF, Emaar, MGF and others. The area comprises IT parks such as L&T Infocity, Hitech City2 SEZ, Vanenburg IT Park or The V, Mindspace Cyberabad SEZ, DLF IT SEZ, Tech Mahindra IT SEZ, TCS Synergy park IT SEZ, SEZs of Infosys, Wipro and APIIC, built to suit campuses of several major technology companies.
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