Hyderabad’s Pharma City is a much-awaited project initiated by the BRS government which was the world’s largest pharmaceutical industrial park. It is extended over 19000 acres of land near Hyderabad. The vision was not only to boost the pharmaceutical industry across India but also to transform it into a global hub for life sciences.
Planning & Implementations
Hyderabad Pharma City (HPC) project aimed to generate more than 5,00,000 job opportunities, and can attract investment worth USD 9 billion. It will provide life science companies to help move up the value chain. The focus was on eco-friendly urbanization, ensuring sustainable development with global standards.
Facilities
The infrastructure facilities proposed to be developed in the pharma city were ample. It included R&D facilities, testing facilities, incubation centers, and formulation units. Additionally, the project planned to establish universities for innovation in life sciences fields. Some common facilities like Banks, dispensaries, health care facilities, post offices, parks, and libraries were also part of the project, providing a whole natural world for professionals and locals.
To sustain this expansive infrastructure, successfully obtained approvals for road networks and electricity grids. According to the reports Telangana State Industrial Infrastructure Corporation (TSIIC) planned to make zero liquid discharge (ZLD) based on the common effluent treatment plant (CETP), to ensure that the industrial activities in pharma city would not lead to environmental damage, maintaining the pollution free environmental standards with global acknowledgement.
Real Estate Buzzing
The real estate market boomed after the announcement of the Hyderabad Pharma City particularly along the Srisailam Highway. Sustainable infrastructure development attracted a surge of investments. The property prices soared as investors recognized the potential of the high returns. The strategic location and the promising sustainable development attracted the investments.
The expectation of Pharma City making it a more popular place makes it a hotspot for real estate investments. Srisailam Highway serves as the major highway providing seamless connectivity to various parts of Hyderabad. Several big-scale projects have been developed on the sub roads off the Srisailam Highway, further presenting the potential of the area.
Insights & political shifts
After Telangana’s recent elections, the political landscape shifted. The new government has scrapped the Hyderabad Pharma project and proposed a mega township. CM Revanth Reddy has advised his officials to plan for an eco-friendly Mega Township acquired for Pharma City. He says Telangana is already 40 percent urbanized and further rapidly getting urbanized. He said that Hyderabad should be ready to accommodate an initial 2 crore population.
This change in plan has crafted speculations among investors and stakeholders.
It is anticipated that the Mega Township project will present a unique prospectus as well as difficulties. It might not have the same effect as the pharma city but undoubtedly a buzzing metropolitan area with amenities for living and working. Though it might be affected differently, it focuses on which might drive investment and regional development.
Future of Hyderabad Pharma City
The infrastructural developments, approvals and connectivity make the land parcels around the proposed Hyderabad Pharma City on Srisailam Road remain highly valuable and make this area an attractive investment destination with higher Returns.
Whether it’s a pharma city or Mega township the underlying potential in that area remains strong. With sustainable returns and strategic action for investment opportunities. Located near Hyderabad and connected by the Srisailam Highway this region is suitable for investments.
Hyderabad Pharma City was designed as a game changer for India’s pharmaceutical sector, promising job opportunities and massive investments. Though the project scraping by the new government in the favour of mega township may seem like a setback. The infrastructural developments and strategic advantages continue to make it a prime location for investment.
Whether expansion is fueled by Pharma City or the upcoming mega township, this area has a bright future ahead of it. Investors can maintain their optimism because significant growth and development will still be possible thanks to the foundation that Hyderabad Pharma City’s planning created.