Hyderabad government rolled out policies to promote dispersed growth in all directions. Will these policies give a major facelift to realty growth in the city?
Insight
14 October 2020
Hyderabad unlocks new realty markets as it leaps towards east
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GRID to open new realty markets
The success of LEAP encouraged the state government to broaden the scope of the policy and launch GRID (Growth in Dispersion) Policy in August 2020. As per GRID policy, the state government aims to convert at least 100 acres of industrial parks into IT Parks over the next five years, and create 10 million square feet of built-up space and 100,000 new IT/ITeS jobs outside the western IT corridor of Hyderabad.