Latest Update- Telangana Government To Set Up Gateway IT Park At Kandlakoya

Telangana Government has launched a massive project, the state’s first-ever IT hub which will be spread over 85 acres with a built-up space of about 1,50,000 sq ft. The Gateway IT Park will be set up at Kandlakoya, a small town in Mahabubnagar district, about 75 km from Hyderabad. The aim is to develop as an industry-friendly destination.

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According to state IT Minister KT Rama Rao, the land was bought from local farmers at a market rate and the government is planning to offer various incentives to investors. Let us learn more about Telanagan IT park below.

Gateway IT Park at Kandlakoya in Hyderabad

What is the motive to set up a Gateway IT Park project?

The Telangana State Government has taken a remarkable step by setting up Gateway IT Park at Kandlakoya in the Medchal-Malkajgiri district. The project is taken up under the strategy of the IT Industry Development Corporation of Telangana (ITIDC) and the Department of IT & Electronics. The officials have already taken up the process of land measurement and survey. The 3 lakh sq. ft IT Park will be set up at the estimated cost of Rs.65 crore. The project is expected to be completed in two years. The IT park will offer various facilities to the IT industries, such as 24×7 uninterrupted power supply and high-speed Internet connection.

The other reason to develop IT park building

The main idea behind the establishment of the Gateway IT Park project in the heart of the city was to create a world-class IT Park in the developing hub of the city, the historic city of Hyderabad. Gateway IT Park is a project by Gateway InfoWorld, a pioneering real estate developer in the field of IT Parks, a leading name in the real estate sector, having a huge experience of over two decades in the field of real estate and construction. Gateway IT Park is located in the picturesque area of Kandlakoya, the gateway of Hyderabad. The project is set up in a 200 acre land with a built-up area of 4.2 million sq ft. This is one of the largest integrated IT Park in the country and is strategically located at a prime location in the city.

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