What is iTEK Nucleus in Hyderabad’s Old City?

October 4, 2023

In a significant move to embrace the technology revolution, Hyderabad’s Old City is gearing up for a transformative change. A state-of-the-art IT tower, known as “iTEK Nucleus,” is set to rise in Malakpet at an estimated cost of Rs 700 crore. This iconic tower will not only reshape the skyline but also usher in a new era of opportunities in the Old City, creating around 50,000 jobs.

The iTEK Nucleus Tower

Impressive Dimensions: The iTEK Nucleus Tower will stand tall as a 30-storeyed structure, offering a remarkable presence in the Moosarambagh area of Malakpet. It will cover nearly 11 acres of land and provide a built-up area of approximately 15 lakh sq ft.
Spectacular Sky Lounge: This architectural marvel will feature a sky lounge, offering a breathtaking 360-degree view of the bustling city of Hyderabad.
Sustainability Focus: The iTEK Nucleus Tower will be recognized as an Indian Green Building Council-certified gold-rated building, underscoring its commitment to sustainability.

Development and Partners

Public-Private Partnership: The Telangana government is spearheading this ambitious project in collaboration with private entities. The Telangana State Industrial Infrastructure Corporation (TSIIC) is playing a pivotal role in this public-private partnership.
Key Consortium: The development consortium behind the project includes Finczars, a Hyderabad-based company, Varma Constructions from Mumbai, and YFC Projects based in Gurugram. This collaborative effort aims to bring a world-class IT infrastructure to the Old City.
Architectural Excellence: The design for this transformative IT tower comes from the renowned Old City-based architectural firm, Mir Architects & Engineers.

Promise of Transformation

Job Creation: The iTEK Nucleus Tower is expected to generate employment opportunities on a massive scale, with an estimated 50,000 jobs in the pipeline.
Symbol of Progress: This iconic project would redefine the Old City’s identity and contribute to its progress.
Tech Ecosystem: The Telangana government is committed to attracting IT giants to establish their offices within this facility, thereby boosting the overall technological ecosystem in the Old City.
Innovation and Collaboration: The Malakpet IT Tower will be designed to foster innovation and collaboration, encouraging experts to work together on pioneering technologies and applications.
Infrastructure Growth: The government is also focusing on enhancing infrastructure and transportation systems to accommodate Hyderabad’s rapid development. Plans are underway for a 415km metro rail line to cover the entire city.

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