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Financial District, Hyderabad

Coordinates:17°25′N78°21′E / 17.417°N 78.350°E /17.417; 78.350
From Wikipedia, the free encyclopedia

Central business district in Telangana, India
Financial District
From top: Amazon office building, WaveRock
Financial District is located in Hyderabad
Financial District
Financial District
Location in Hyderabad, India
Show map of Hyderabad
Financial District is located in Telangana
Financial District
Financial District
Financial District (Telangana)
Show map of Telangana
Financial District is located in India
Financial District
Financial District
Financial District (India)
Show map of India
Coordinates:17°25′N78°21′E / 17.417°N 78.350°E /17.417; 78.350
CountryIndia
StateTelangana
DistrictRanga Reddy District
MetroHyderabad
Established22 November 2004; 21 years ago (2004-11-22)
Founded byGovernment of Andhra Pradesh
Government
 • BodyGHMC
Area
 • Total
0.30 km2 (0.12 sq mi)
Languages
 • OfficialTelugu,Urdu
Time zoneUTC+5:30 (IST)
PIN
500 008
Vehicle registrationTG
Lok Sabha constituencyHyderabad
Vidhan Sabha constituencySerilingampally
Planning agencyGHMC
Websitetelangana.gov.in

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]

History

[edit]

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]

Companies and IT Parks

[edit]

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]

  • Amazon campus in Financial district
    Amazon campus in Financial district
  • Waverock buildings
    Waverock buildings
  • ICICI Bank Financial District Hyderabad
    ICICI Bank Financial District Hyderabad
  • Continental Hospital Financial District
    Continental Hospital Financial District
  • Q-city
    Q-city
  • view from ICICI Bank towers
    view from ICICI Bank towers

Healthcare

[edit]

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

  • Continental Hospitals
  • Star Hospitals
  • Rainbow Hospital
  • Boon IVF & Fertility
  • Sankara Eye Hospital

Schools

[edit]
  • The Shri Ram Universal School, 2-59/1/JM/104, Financial District Nanakramguda

Then we also have many other schools like keystone close to the Shri ram universal school

Other sights

[edit]

See also

[edit]

References

[edit]
  1. ^Didyala, Amrita (13 July 2016)."Telangana government plans new financial district".The Times of India. Retrieved28 November 2025.
  2. ^"Financial District land sells like hot cake".
  3. ^"NYSE to help Andhra set up financial district in Hyderabad".
  4. ^ab"Hyderabad to become 2nd financial capital".Arab News.
  5. ^"International business hub planned".The Hindu.
  6. ^Sengupta, Sudipta (19 December 2019)."Hyderabad's IT-SEZ WaveRock bought by Shapoorji-Allianz JV for Rs 1,800 crore".The Times of India. Retrieved28 November 2025.
  7. ^Hatton, James (19 December 2019)."Allianz Fund Buys Hyderabad Offices from Tishman, GIC".Mingtiandi. Archived fromthe original on 2 July 2022. Retrieved28 November 2025.
  8. ^abKumar, S. Sandeep (2 April 2013)."Hamlet unchanged: Welcome to Nanakramguda" – viaThe Hindu.
  9. ^International business hub planned | The Hindu
  10. ^"Pin code of Nanakramguda". citypincode.in. Archived fromthe original on 6 March 2014. Retrieved6 March 2014.
  11. ^"Nanakramguda, favourite for real estate investors".
  12. ^"Embassy Group partners with SAS Infra to develop 3 in Hyderabad's Financial District".
  13. ^"US Consulate General to move into new facility in Nanakramguda on March 20".The Hindu.
  14. ^"One of the busiest in country, US consulate General in Hyderabad to get new office".
  15. ^"US to establish SE Asia's largest Consulate campus in Hyderabad".
  16. ^"US Consul office to shift only by mid-2022".
  17. ^"7 things you should know about Amazon's newest campus".Amazon India. 22 May 2020. Retrieved22 September 2021.
  18. ^"Amazon Opens Its Largest Campus in the World in Hyderabad".NDTV Gadgets 360. Retrieved21 August 2019.
  19. ^"Work kicks off on Google's campus in Hyderabad".
  20. ^"Google begins work on Hyderabad campus, largest outside its headquarters".
  21. ^"Lack of safety for drivers puts go-karting in dangerous lane".The Times of India.
  22. ^"Wipro lake littered with garbage, plastic".
Neighbourhoods ofHyderabad
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