Telangana government is setting up the ‘Gateway IT Park’ project at Kandlakoya in Medchal-Malkajgiri district.
The IT park building, which is slated to be developed as an iconic structure on the lines of Hi-Tec City’s defining Cyber Towers, will see the development of over six lakh sqft space with a capacity to accommodate over 10,000 people in Hyderabad’s northern area.
Over 90 companies have applied for space at the IT park, and more are evincing interest. Acceptance letters were also handed over to these IT companies, primarily small and midsized players, during the ceremony.
The project is being touted as the gateway to the IT hub Hyderabad as it is located in Medchal-Malkajgiri district, which connects Hyderabad and North Telangana with four key highways. These are the Medak-Narsapur highway, Adilabad-Nizamabad-Kamareddy-Medchal highway, Ramagundam-Karimnagar-Siddipet-Gajwel-Shameerpet highway and the Bhoopalapally-Warangal-Yadadri-Ghatkesar highway.
‘Gateway IT Park’ project is located near ORR and has great connectivity as it will take just an hour to reach the Shamshabad international airport as well as the Gachibowli and Hi-Tec City areas from there. He pointed out that Malkajgiri already has good road connectivity, urban lung spaces and is an educational hub housing many engineering, pharma and MBA colleges. MMTS project is located very close to the upcoming IT Park and efforts were underway to develop the Gundlapochampally station.