GMR launches 1,500-acre AeroCity in Hyderabad

The GMR Group has launched GMR AeroCity on an area of 1,500 acres in Shamshabad. The AeroCity, with the Hyderabad international airport at its core, will house various establishments like Business Park, Retail Park, Aerospace and Industrial Park, Logistics Park, rental accommodations, hospitality, schools and healthcare including leisure and entertainment facilities. A lifestyle destination retail project 'GMR Interchange' is also envisaged at the AeroCity campus. It will also house various entertainment avenues including a cinema and a family entertainment centre as part of the project. A hospitality district is also being planned to cater to the multitude of demands coming from various users of the AeroCity. GMR Business Park AeroCity will also offer varied office real-estate solutions like ready to move-in Grade-A offices and Built-to-Suit campuses for industries working in various sectors. It will have one million square feet leasable area, spread over four towers of which Tower 1 is already fully occupied and Tower 2 is ready for occupancy. It will also have a dedicated power link-up with the state grid for reliable power supply, round the clock three-tier security system comprising RAXA, state police and CISF and express connectivity with the city. AeroCity will be well-connected with important business locations of Hyderabad with an eight-lane expressway and an elevated metro rail corridor.