GMR launches business district Hyderabad AeroCity
Spread across 1,500 acres, the integrated mixed-use development will have a business park, retail park, aerospace and industrial park, logistics park and hospitality space
Hyderabad: GMR Group launched GMR AeroCity Hyderabad as part of its vision to provide world-class infrastructure in India. Being developed as an urban landscape with an international airport at its core, it aims to bring speed, agility and connectivity.
GMR AeroCity Hyderabad offers a gateway airport with growing air connectivity, passenger traffic and logistics hub with smart technologies in place. Spread across 1,500 acres, it is envisaged to be an integrated mixed-use development, which includes key ports and establishments, such as business park, retail park, aerospace and industrial park, logistics park, hospitality etc.
It also provides complete living and working experience, with support infrastructure including schools, healthcare, rental accommodation, leisure & entertainment.
Identifying the gap in leisure, retail, fun and entertainment avenues, GMR Group is conceptualising a lifestyle destination retail project “GMR Interchange” to enable Live/Work/Play at the GMR AeroCity Hyderabad campus. Various entertainment avenues under proposal include a Cinema and a Family Entertainment Centre to be part of the Interchange project. A Hospitality district is also being planned to cater to the multitude of demand coming from various users of AeroCity.
Business Park
GMR Business Park housed in GMR AeroCity Hyderabad offers varied office real-estate solutions like ready to move-in Grade-A offices and Built-to-Suit Campuses. It offers best in class infrastructural support for the prospective and existing businesses.
A Notified Area Committee (NAC), which is a one-stop clearance window for all building plan approvals enabling ease of doing business. It focuses on sustainable development using green technologies and new generation smart digital infrastructure along with physical infrastructure.
Spanning around 1 million sq ft of leasable area, spread over four towers (being developed in phases, with Tower 1 fully occupied and Tower 2 ready for occupancy), GMR AeroCity Hyderabad has been seamlessly designed for the future business corridor. The Business Park is suitable for Grade A offices, Network Planning offices, Sales Office, R&D etc.
The facilities such as the food court/gymnasium/ retail bank branch/proposed health centre and an airport public plaza will ensure that employees have all social amenities.
Well connected with an eight-lane expressway and an elevated corridor with the primary and secondary business districts of Hyderabad, GMR Business Park is strategically located with local and global connectivity. In addition, the airport is currently connected by more than 150 buses round the clock, and soon will be connected via an express Metro system to the city.
“Being part of airport ecosystem, which has won many accolades over the years from national & international bodies for its service and infrastructure superiority and consistency, Hyderabad AeroCity also provides unparalleled ease of doing business to its trusted partners, who love to focus on their core business, leaving behind issues of infra, facilities, security etc,” said Aman Kapoor, CEO, GMR Airport Land Development.
Though GMR management declined to comment on the overall investment, but looking at the scale of the entire project, it will run into several thousands of crores.
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