Thursday, June 25, 2015

Hyderabad Next



L&T Metro Rail (Hyderabad) Ltd., which is implementing the Hyderabad Metro Rail project along with the Government of Telangana for 71.16 kms of elevated metro rail system is all set to implement its novel concept called Hyderabad Next.
Hyderabad Metro Rail is not just a transport system, but it has also been envisaged for changing the lives of the people of Hyderabad in a better way. The easy of accessing daily needs coupled with weekend entertainment through retail innovation is all set to transform the lifestyles of people in Hyderabad. Metro stations are mainly used for seamless commute with retail outlets coming up to meet the daily needs of the commuters. Hyderabad Metro Rail not only caters to the needs of commuters but also serves the non-commuters in adjacent neighborhoods close to Metro stations offering a unique total retail space of about 0.45millionsq ft which includes all stations.  This is the station retail model which is already a huge success.

Hyderabad Next encompasses high quality Transit Oriented Real Estate Development of about 18.5 Million sq.ft across multiple locations close to metro rail corridors and within the reach of stations for commuters.  Hyderabad Next offers spaces to build various asset classes such as office space, retail, healthcare, hospitality, mixed use, etc.

In short, Hyderabad Next has been conceived to create best-in-class mobility solution integrated with vibrant urban spaces.  These spaces are further enhanced by scalability as well as the attribute of seamless integration with the Metro Rail system. This involves providing ample parking space & circulation along with spaces for work, shopping, leisure, entertainment and healthcare near Metro stations and corridors for improving the overall quality and standard of living in Hyderabad.
Hyderabad Next ushers a significant value proposition and enhancement in the overall quality of life and to the users. The 18.5 Million sq ft space Hyderabad Next would be developed in a phased manner over next couple of years, at more than 15 locations in various regions of Hyderabad. Currently development of about 1.1 Million sft of high quality Retail and Office space is underway as part of the first phase across three locations. These spaces, coming up at Punjagutta, Erramanzil and Hi-tech city, close to the Metro stations will be commissioned in 2016.

More developments are expected to commence soon under the second phase of Hyderabad Next, which is the development mantra for Hyderabad. Hyderabad Metro Rail stands to its assurance of initiating a holistic transformation of the way in which you can travel and live in the city.
This information is brought to you by,

Niz – The Mascot of Hyderabad Metro Rail

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