metro india news  I Singapore

CapitaLand Group, a leading global real estate investment and development company headquartered and listed in Singapore, has announced a Rs.450 crore investment to develop a state-of-the-art 1 million square foot IT park in Hyderabad.

The announcement was made following a high-level meeting in Singapore, attended by Chief Minister Revanth Reddy, IT Minister D Sridhar Babu, Special Chief Secretary Jayesh Ranjan and other senior officials.

Strengthening Hyderabad’s growth as a business hub, the upcoming project is part of CapitaLand’s broader development pipeline in Hyderabad.  This new project will cater to the increasing demand from Global Capability Centers (GCCs) and blue-chip companies seeking premium facilities. 

Speaking on the announcement, Gauri Shankar Nagabhushanam said, "Hyderabad has consistently demonstrated strong potential for business growth, supported by the Telangana government’s progressive policies and dynamic leadership of Chief Minister Revanth Reddy. We are excited to expand our footprint in Hyderabad, leveraging its vibrant ecosystem to deliver sustainable and world-class infrastructure."