India's New 29th State
Category:
Real estate, Posted:12 Jun 2014 | 06:00 am
Political reforms in India is a currently a red-hot topic.
Fresh from elections, the country has christened Telangana as the newest 29th state.
As part of a strategic alignment the move will see a shared capital in Hyderabad for both the new upstart and southern neighbor Andhra Pradesh.
The latter will see a transition period of 10 years to built a new capital.
Hyderabad is a leading global tech center, which has critical support for IT giants Facebook and Google.
Hoteliers are also taking a new look at India given an expected wide range of economic reforms.
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