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| Challenges for MNCs: |
| AP State Government is no longer a viable
source. AP Government (thorugh APIIC)
allocated land to early entrants such as Infosys, Microsoft,
Oracle, Mind Space (Raheja Group) etc. But the demand now far
outstrips the supply. It has become very difficult to procure
large-size real estate from AP Govt. for MNCs to build corporate
campuses. |
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| It is difficult to find large chunks
of lands close to Hyderabad that is ready to be used for building
Tech parks. Most of the available
land close to the city of Hyderabad is fragmented. It is not
easy, if not impossible, to aggregate large swathes of land
to build corporate campuses. |
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| Procuring land from private organizations
is fraught with legal risks. MNCs
need to be very careful in procuring land from known creditable
entities to avoid any potential legal risks. |
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