Hyderabad is one of the largest cities in India and is also the capital of Andhra Pradesh and is located Deccan Plateau in the Northern part of South India. Hyderabad is the fourth most populous city and the fifth-largest contributor to the overall Gross Domestic Product (GDP) of India. Hyderabad is also known for its old heritage which is observed mainly in the monuments, temples, bazaars, cuisine, and gardens. The culture of this city is a blend of gesture of people who settled here from different parts of the country which brings diversity in lifestyle, culture, traditions and clearly shows in the way festivals are celebrated across the city. Hinduism, Christianity, Buddhism, and Islam are the four major religions followed in the country. The city is a major center for the technology industry which has given rise to coworking space in Hyderabad. Apart from that it is home to many upscale restaurants and shops and has historic sites like Golconda Fort, a former diamond trading center, The Charminar which is the city’s landmark near the long-standing Laad Bazaar. Similarly dance and music from the city also display a unique culture that shows the history of Hyderabad to the rest of the world. The official dance form of Hyderabad is Kuchipudi. He city has also developed in the field of IT and is the house of many startups and multinational companies like Bangalore, Mumbai, Chennai, and Delhi. Some of the areas in Hyderabad which has seen this commercial and IT development are:
Most of the Hyderabad’s economy rely on traditional manufacturing, Tourism sector, and the knowledge sector. Hyderabad has been the global trade center in multiple areas like, it the world’s only diamond market, handicraft sold in the Middle East and western countries. Because of the city’s strategic location, it is also known as the Gateway to South Central, and the pharmaceutical and electronics industries were also established of its location. Hyderabad is among the global center of Information Technology (IT) for which it is also known as the Cyberabad or the Cyber City. The city has a wide range of commercial activities, corporate and multinationals which has developed a township with related technological infrastructure called the Hitech City and has encouraged global and US-based companies for their operations like KPMG, Genpact, Capgemini, S&P Capital, ABN Amro, Bank Of America, Accenture, GE Capital, HSBC, Deloitte, Franklin, Templeton Investments and many more. The cities IT sector include services like Business Process Outsourcing (BPO), Entertainment Industry, Financial Service and It enabled Services. Few of the other IT and multinational firms which have chosen office space in Hyderabad because of the cities strategic location in India are: Microsoft, CA Technologies, Google, Thought works, Amazon, IBM, Motorola, Tech Mahindra, Facebook, Infosys, Wipro, Cognizant, Samsung Virtusa, Tata Consultancy Services, Polaris. In a survey Hyderabad is considered the worlds third-most affordable location for an office space. Madhapur, Gachibowli, and Kondapur are the major areas in Hyderabad where IT campuses have been set up and areas like Banjara Hills and Jubilee Hills are considered as the prime residential area of Hyderabad.
Hyderabad is a major gateway of technology in the south of India is well connected by other parts of the city and is well connected internally via road and metro. The most common means of transportation for medium distances in Hyderabad are light railways and buses which are government-owned service and privately owned taxi and autorickshaws. Most of the bus services operate out of the Mahatma Gandhi Bus Station in the city. He city s also well connected by the rapid transit system or the Hyderabad metro which is the country’s second-largest metro rail network stretching over 70 KM with 57 stations. Hyderabad is also a house of the Multi-Modal Transport System (MMTS) which is a three-line railway service carrying thousands of commuters during rush hours. Most of the office and coworking space in Hyderabad are well connected by these facilities which has forced more and more corporate and freelancers to have their office in the area.