Gachibowli is a major IT suburb of Hyderabad. It is situated about 5 km away from HITEC City, another IT hub. Both these suburbs lie on the north-west part of Hyderabad city. Earlier, the area was only known for the presence of the University of Hyderabad and the Indian School of Business. The area has transformed into a growing IT business hub in the past 5 years. Due to the ongoing development, the real estate boom has caught up and prices have increased tremendously.
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