Gachibowli in Hyderabad is a 15 km stretch from Nallagandla-Tellapur that passes through the Financial District, Nanakramguda, Kokapet, Narsingi, Raidurg, and extends up to Manikonda. Recognised as a prominent IT/ITeS and BFSI hub, Gachibowli is a sought-after destination for commercial office spaces. This growth is fuelled by its proximity to the international airport, top-notch infrastructure, and excellent connectivity. Consequently, many developers, including Profound Infra, have come up with commercial spaces such as Profound IT Park to meet the increasing demand. Ideal for IT/ITeS industries and KPO/BPO call centre operations, Profound IT Park also offers premium showrooms with exclusive amenities. Let’s have a look at the project specifications and what makes it stand out!
Profound IT Park: Detailed project specifications
Profound IT Park is National Highway (NH-65) facing project, including Grade A office and retail spaces, located at Raidurgam, Gachibowli, opposite Biodiversity Park, Hyderabad and is approved by TRERA-P02400001217. The project spans an area of 3.07 acres, and will be ready for possession from July 2024. The project consists of two towers-Towers A and B. Tower A features two basements with stack parking, ground floor, first and second floors for retail/office space, four stilt floors for parking, and 7th to 18th floors for office spaces. Tower B encompasses approximately 4,50,000 sq ft with 19 levels, including ground parking, six stilt floors, and 7th to 18th floors for office spaces.
Profound IT Park: What makes it stand out?
Let’s have a look at the top reasons that make Profound IT Park stand out among others:
Ample floor-to-floor height
The project features ample floor-to-floor height for better air circulation and ambience. The saleable area in Tower A is 988,000 sq ft with a building height of 70.2 m. The floor-to-floor height is 4.5 m for the basement and stack parking floors, and 3.80 m for the office floors. Tower A includes 18 lifts, with two dedicated lifts for the retail area (B1 to the first floor) having a capacity of eight passengers. The saleable area in Tower B is 4,07,000 sq ft with a building height of 70 m. The floor-to-floor height is 4.5 m for the ground parking floors, 3.15 m for stilt parking, and 3.90 m for the office floors. Tower B includes eight lifts.
Grade-A amenities
Profound IT Park offers a wide array of Grade-A amenities, including:
- Adaptable design to suit multi-occupants
- Lustrous glass facade architecture for aesthetics and energy-saving
- Dedicated drop-off zones for office and retail spaces
- 100 percent power backup
- 24x7 security with CCTV surveillance
- Modern fire safety systems
- Dedicated Entry/Exit and lifts for retail and office spaces
- Cafeteria on two floors to reduce noise and overcrowding, located on 6th floor and terrace in Tower A & B
- High-speed elevators with a Destination Control System (DCS) with a capacity of 20 passengers
- Jump lifts catering to parking floors
- Grand lift lobby with high-end specifications
- Professional property maintenance office with optimal CAM charges
- Ample car parking space
Approvals received by the project
Profound IT Park has received several critical approvals:
- Building permission from GHMC, Hyderabad
- No Objection Certificate from TS Disaster Response and Fire Services Department, Hyderabad
- Environmental Clearance Certificate from the Central Pollution Control Board, and Amendment of Environmental Clearance by the State Level Environment Impact Assessment Authority, Telangana State, and the Ministry of Environment, Forests & Climate Change, Government of India, Hyderabad
- Height Clearance Certificate from the Airports Authority of India
- Drawings approval from JNTU, Hyderabad
- Soil Investigation Report by SV Geo Technical Services, Hyderabad
- Certificate of Registration of Firm and Memorandum acknowledging receipt of documents by Government of Telangana, Hyderabad
Strategic location in Gachibowli
Profound IT Park boasts a prime location opposite the Biodiversity Flyover that strategically connects it to different IT/ITeS hubs. It is located along the Old Mumbai Highway (NH-163), a major thoroughfare and is mere two km from the Outer Ring Road (ORR), which provides access to different commercial hubs in the city. HITEC City Main Road also connects Profound IT Park to NH-65, whereas Kanchi-Gachibowli Road, ISB Road and Tellapur Road are other major thoroughfares. The Raidurgam Metro Station on the Blue Line of the Hyderabad Metro is just one km from the Profound IT Park, ensuring quick and efficient public transport access. For those travelling by train, the Hafeezpet Railway Station is approximately nine km away via Gachibowli-Miyapur Road, and the Hyderabad Deccan Railway Station is 11 km away via Shaikpet Flyover Road. Additionally, the Rajiv Gandhi International Airport (RGIA) is conveniently situated 27 km away, accessible via Shamshabad Road.
The above advantageous positioning places Gachibowli within easy reach to key locations, such as HITEC City and Financial District are just 3-5 km away. This connectivity enhances the accessibility and convenience for businesses and professionals operating from Profound IT Park.
Access to social amenities
Gachibowli, Hyderabad is dotted with various social amenities, enhancing the convenience and lifestyle of its residents and working professionals. Profound IT Park is also located within five km of the notable amenities including:
Educational institutes | Healthcare centres | Shopping and recreational zones |
---|---|---|
Jawaharlal Nehru Technical University (JNTU) | Care Hospital, Hitech City | Hotel Trident |
Oakridge International School | Arete Hospital | Inorbit Mall |
Euro Kids | KIMS Hospitals | IKEA |
Ingenium Foundation School | Omega Multispecialty Hospital | Hyderabad International Convention Centre |
Investment potential in Gachibowli
As per 99acres, the average price of commercial properties in Gachibowli hovers between Rs 10,000 per sq ft to Rs 15,000 per sq ft. Known for its strategic location near HITEC City and Financial District, and thriving IT industry, Gachibowli stands out in Hyderabad's real estate market. The area boasts excellent connectivity through major roads like the Outer Ring Road (ORR), NH-65 and NH-44. Additionally, the presence of top educational institutions, healthcare facilities, and shopping malls enhances its appeal. Gachibowli has witnessed skyrocketing growth in recent years as a corporate hub and attracts multinational companies, start-ups, and research institutions, creating numerous employment opportunities.
Further, various infrastructure projects are underway to improve traffic and enhance accessibility. For instance, the Greater Hyderabad Municipal Corporation (GHMC) is constructing a six-lane bidirectional flyover between Gachibowli and Kondapur. This 1.2 km-long flyover, built at an estimated cost of Rs 178 crore, will reduce traffic congestion at Gachibowli Junction and improve connectivity to HITEC City and the Financial District.
To conclude, Profound IT Park in Gachibowli offers a compelling blend of strategic location, excellent connectivity, top-notch amenities, Grade-A investment options and substantial investment potential. Investors here can capitalise on the region's growth and secure a profitable future in Hyderabad's booming real estate sector. 99acres; however, suggests visiting the project site for a better understanding of the offered amenities and floor plates to make an informed investment decision.
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