Renuka Prasad
| 15-05-2024
Overview of challenges and developments in Indian cities, with a focus on Hyderabad and Bangalore.
Hyderabad: Hyderabad is growing. More and more people are choosing this city as their home. In 2024, around 11 million people will live in the greater Hyderabad area. That's over 2% more people than in 2023. The city has been growing steadily for a few years now. There were about 10.8 million people in 2023 and 10.5 million in 2022.
Bangalore: Bangalore is booming.In 2017, the city had around 12.3 million people living in its main area. This is a big jump from just 8.5 million in 2011. Bangalore is now one of the world's 24 most crowded cities. It's also the fastest-growing big city in India (except for Delhi) - between 1991 and 2001, the population grew by a whopping 38%.The city isn't huge, only 709 square kilometers, but lots of people live there. In fact, by 2011, there were over 4,000 people per square kilometer. With so many people moving in, we're all waiting to see the next population count, expected in 2021.
Hyderabad: Hyderabad, centrally located in Telangana, encompasses an area of 2,500 square kilometers. Positioned within the Deccan Plateau, the city boasts an average elevation of 536 meters above sea level. Its geographical coordinates are approximately 17.366° N latitude and 78.476° E longitude.
Bangalore: Bangalore, also called Bengaluru, is a big city in southern India. It's on a high plateau, about 920 meters above sea level.This puts it in the state of Karnataka, alongside other big cities like Delhi and Mumbai. Bangalore is the capital of Karnataka and an important center for factories and businesses, not just for Karnataka but for all of southern India. The city covers an area of 741 square kilometers, that's a little bigger than the size of New York City.
Hyderabad:Hyderabad is a big player in the world of IT. The city is known for its software companies and IT services. This industry in Hyderabad is growing quickly, with an average increase of 11% every year for the past few years (between 2013 and 2021). It's no wonder more and more it companies from India and other countries are choosing Hyderabad as their home.
Bangalore: Bangalore, the capital of Karnataka, is a major center for IT Companies in India. Nicknamed "Silicon Valley of India," the city has many businesses that create programs for computers. These companies are doing well and continue to grow. They employ a lot of people - around 1 million directly and another 3 million indirectly.
Hyderabad: Hyderabad is a big city in central Telangana, covering about 2,500 square kilometers. It sits on a plateau (high ground) at an average height of 536 meters. Here's its location on a map: 17° N and 78° E. Hyderabad is well-connected by roads. Several national highways (NH 44, NH 65 etc.) pass through the city, along with state highways. There are also many cars and bikes in Hyderabad - one of the highest numbers in India after big cities like Delhi and Mumbai. To ease traffic and connect to the airport, Hyderabad has an expressway. This fast road goes from Mehdipatnam to Shamshabad airport. The city also has an outer ring road, a long loop around Hyderabad that connects major roads and highways.
Bangalore: Bangalore, also called Bengaluru, is a big city in southern India. It sits on a high plateau, about 920 meters above sea level! This puts it in the state of Karnataka, alongside other major cities like Delhi and Mumbai. Bangalore is the capital of Karnataka and an important center for factories and businesses, not just for Karnataka but for all of southern India. The city covers an area of 741 square kilometers, that's a little bigger than the size of New York City.
Hyderabad: Hyderabad's real estate market has grown a lot recently. A report by PropTiger.com says that demand for homes in Hyderabad went up by 98% in late 2023. This big increase led to a 49% overall growth in the sector compared to the year before. This shows that Hyderabad is a popular city to buy property, especially homes, because more people want to live there.
Bangalore: Bangalore's real estate market has shown impressive strength, bouncing back swiftly from a short slowdown. This recovery is thanks to several factors, like lower stamp duty rates (reduced from 5% to 2% for properties up to Rs. 20 lakhs, and from 5% to 3% for properties between Rs. 21 lakhs and Rs. 35 lakhs), easier online processes for property transactions on different digital platforms, and the completion of major development projects. These elements have helped stabilize the market and put it on a growth path.
In conclusion, both Hyderabad and Bangalore offer unique opportunities and advantages, whether in terms of real estate, technology, or overall growth potential. Understanding their strengths can help individuals and businesses make better decisions when considering these dynamic cities for living or investment.
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