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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