In a bid to keep pace with Hyderabad's technological advancement, the Old City is gearing up to embrace the tech revolution with the construction of a groundbreaking IT tower in Malakpet. Costing Rs 7 billion and spanning an expansive 11-acre area, this state-of-the-art IT hub, named iTEK Nucleus, will stand tall at 30 storeys, overlooking the Moosarambagh area in Malakpet. Anticipated to generate around 50,000 job opportunities, the tower is set to become a prominent landmark in the Old City.

Developed by the Telangana government in a public-private partnership model through Telangana State Industrial Infrastructure Corporation (TSIIC) and the Finczars consortium, comprising Finczars from Hyderabad, Varma Constructions from Mumbai, and YFC Projects from Gurugram, this iconic structure has been meticulously designed by the renowned architectural firm, Mir Architects & Engineers, based in the Old City.

Spanning an impressive 15 lakh sq ft, iTEK Nucleus will not only redefine the skyline but also offer a panoramic view of Hyderabad city from its sky lounge, providing a 360-degree spectacle. Moreover, the tower is on track to receive the esteemed Indian Green Building Council's gold rating, reflecting its commitment to sustainable practices.

During the foundation stone laying ceremony, KTR, a key figure in the Telangana government, expressed his enthusiasm for the project. He assured the attendees that the government is dedicated to completing this iconic venture within 36 months, envisioning it as a symbol of modernity and progress for the Old City. KTR emphasised the government's commitment to attracting IT giants to establish their offices within the facility, thereby bolstering the entire ecosystem of the Old City. He highlighted the tower's role in fostering innovation and collaboration, bringing together experts to develop cutting-edge technologies and applications.

Additionally, KTR shared the government's broader vision, outlining plans to enhance infrastructure and transportation systems to accommodate Hyderabad's future needs as it continues to rapidly evolve. The city's development includes an ambitious metro rail project covering a total of 415 km, a testament to Hyderabad's commitment to embracing the future while preserving its unique Ganga-Jamuni tehzeeb, a cultural ethos promoting communal harmony.