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Kokapet Declared IT Corridor Extension Under HMDA Master Plan
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The Telangana government's formal notification designating the Kokapet–Neopolis belt as an IT and ITES corridor zone triggered a wave of developer interest and brought the area under HMDA's Special Planning Authority framework.
NeopolisNews Staff14 Aug 2019 5 min read
The Telangana government formally notified the Kokapet–Neopolis area as a dedicated Information Technology and IT-Enabled Services (IT/ITES) corridor under the HMDA Master Plan 2031, triggering a major wave of development interest from both domestic and international real estate developers.
The notification, issued under the Telangana Town Planning Act, designated approximately 800 acres within the larger Neopolis planning zone for commercial IT office development, with floor area ratio (FAR) relaxations of up to 4.0 for IT-designated plots. The remaining land was zoned for high-density residential use, schools, hospitals, and retail.
The decision was driven by the saturation of the established Financial District (HITEC City and Gachibowli), which by 2018 was reporting commercial land rates exceeding ₹60,000 per sq yard, pricing out mid-tier IT companies and co-working operators. Neopolis offered government-serviced plots at a fraction of the price while remaining within 20 minutes of HITEC City.
The HMDA Special Planning Authority (SPA) designation meant that all development within the zone was subject to HMDA's layout approval — a significant quality control mechanism that has kept Neopolis free of the haphazard development seen in adjacent areas.
Within two years of the notification, four major IT park developers had broken ground on projects totalling over 10 million sq ft of leasable office space. The Telangana government also announced direct bus rapid transit (BRT) services from HITEC City to Kokapet as a short-term connectivity measure pending metro construction.
Source: Telangana Today
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