Yes, you heard that right! After Hyderabad, Secunderabad, and Cyberabad, Telangana government is set to introduce an exciting new development—the Fourth City, located on land acquired for Pharma City at Mucherla. This ambitious project aims to create a unique hub that seamlessly integrates artificial intelligence, sports facilities, and healthcare services, marking a significant milestone in the state’s real estate growth.
A Visionary Project: The Fourth City
The Fourth City is more than just a new area; it’s a bold vision for Telangana’s future. This development is designed to foster an ecosystem where talent and innovation can thrive. The AI hub, for example, is set to establish Telangana as a leader in technology and innovation. By attracting global tech companies and startups, this hub will create high-skilled jobs and drive economic growth, making the state an even bigger magnet for tech professionals.
The sports facilities planned for the Fourth City are equally impressive. They will cater to a wide range of interests, from traditional sports to modern esports. With state-of-the-art infrastructure for training and competitions, these facilities aim to make Telangana a go-to destination for national and international sports events.
Adding to the “new” city’s appeal, the healthcare hub will offer comprehensive medical services. Equipped with advanced hospitals, specialised clinics, and wellness centers, it aims to provide top-quality healthcare, making the area a key destination for medical tourism.
The chief minister, Revanth Reddy, is clear with his mission: to create a well-rounded environment that offers a high quality of life and diverse opportunities for all.
Strategic Location and Growth Potential Of The Fourth City.
Situated on the Hyderabad – Srisailam Highway, Mucherla is an ideal location for this groundbreaking development. This area is known as the second fastest-growing highway corridor on the southern side of Hyderabad, experiencing rapid infrastructure growth and enhanced connectivity. Its strategic location makes it accessible and attractive to both businesses and residents. The Chief Minister’s call for NRIs to invest in this region only highlights the global appeal and potential of the Fourth City, making it a lucrative opportunity for international investors, not just Indians.
Looking Out For A Real Estate Boom In The Fourth City.
The Fourth City at Mucherla presents a remarkable opportunity in Telangana’s rapidly growing real estate market. Let’s take Hyderabad [and Cyberabad] as a prime example. The city has shown significant growth in 2024, with housing sales reaching a record Rs 58,841 crore, the highest annual sales value in the past five years. The average value of flats has also increased to Rs 1.5 crore, reflecting a 44% rise since 2019, thanks to Cyberabad’s dynamic economic environment, especially its thriving IT sector. Key areas like Gachibowli, Financial District, Hitech City, and Jubilee Hills remain prime investment spots due to their excellent infrastructure and job opportunities.
Given these trends, Mucherla is poised to experience a similar real estate boom. The combination of strategic location, advanced infrastructure, and robust economic growth make it a prime candidate for significant appreciation in property values.
What does the future hold? The Fourth City at Mucherla stands as a symbol of Telangana’s forward-thinking vision. With its blend of technology, sports, and healthcare, it offers a unique mix of opportunities for investors and residents. As Telangana continues to evolve, this development is set to play a crucial role in shaping the state’s future. Whether you’re considering an investment or looking for a new place to call home, the Fourth City is a project worth keeping an eye on.