SPM Housing Pvt Ltd

The Telangana government has proposed the development of a new IT city at the ‘Golden Triangle ‘of Hyderabad. The development would incorporate a workspace of 90 million sq ft to accommodate five lakh working professionals. The anticipated development would propel real estate growth and spike property prices in the area. As estimated, land prices in Shankarpally might grow by 30-35 percent, and residential units might witness a 15-20 percent hike in the average capital ‘asks’.