Financial District | |
|---|---|
From top: Amazon office building, WaveRock | |
| Coordinates:17°25′N78°21′E / 17.417°N 78.350°E /17.417; 78.350 | |
| Country | |
| State | Telangana |
| District | Ranga Reddy District |
| Metro | Hyderabad |
| Established | 22 November 2004; 21 years ago (2004-11-22) |
| Founded by | Government of Andhra Pradesh |
| Government | |
| • Body | GHMC |
| Area | |
• Total | 0.30 km2 (0.12 sq mi) |
| Languages | |
| • Official | Telugu,Urdu |
| Time zone | UTC+5:30 (IST) |
| PIN | 500 008 |
| Vehicle registration | TG |
| Lok Sabha constituency | Hyderabad |
| Vidhan Sabha constituency | Serilingampally |
| Planning agency | GHMC |
| Website | telangana |
The Financial District is a premier information technology, real estate, and architectural suburb located in theSerlingampallymandal ofHyderabad,India. Spanning an initial area of 100-acre (0.40 km2), it serves as a core economic engine of the city's western corridor. It is part of the larger cluster of technology townships and business hubs is collectively known asCyberabad, a high-tech metropolitan zone for IT, banking, and financial services.[1][2][3][4]
The Financial District was an initiative of theN. Chandrababu NaiduTDP government and its foundation stone was laid by the then Prime Minister of India,Atal Bihari Vajpayee, in 2001.[4] The neighbourhoods ofNanakramguda andGachibowli were part of the first phase of the Financial District.
The first phase is home to TSI Business Parks,special economic zones (SEZs), and the WaveRock Building, which houses multinational conglomerates.[5] WaveRock is a 2.5 million square foot Information Technology-SEZ in Nanakramguda covering about 12 acres.[6]
By 2019, The SEZ housed over 25 information technology companies including Apple, GAP, Accenture, Development Bank of Singapore, and DuPont, and has between 25,000 and 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 fromTishman Speyer.[7]
ICICI Bank also has Asia's biggest work place with over 4 million square feet of space. The Nanakramguda Village,[8]Film Nagar, andNanakramguda temple are nearby.[8][9][10]
Major hospitals like Continental Hospital, Care and AIG are in the vicinity.[11] SAS Infra iTower, a high-rise commercial complex on Khajaguda-Nanakramguda Road, was thetallest building in Hyderabad upon its completion in 2024.[12]
TheUS consulate in Hyderabad shifted to Nanakramguda on 20 March 2023.[13][14] Spread across a 12.3-acre site, it will be the largest US consular processing campus in-South East Asia, both in terms of the number of visa windows and in area.[15] The current US consulate campus in historicPaigah Palace in Chiran Fort Club lane inBegumpet will be shifted to Nanakramguda.[16]
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.[17][18]
Google's new Hyderabad facility in the Financial District, Nanakramguda will be a 3.3 Million sft energy efficient campus built with sustainability.[19] Google acquired the 7.3-acre site in 2019.[20]
Financial District is an upcoming hub for healthcare. Some of the major healthcare centers have opened branches in this area to cater to large IT crowd. Some of the popular hospitals and healthcare centers are
Then we also have many other schools like keystone close to the Shri ram universal school