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India's New 29th State

Category: Real Estate. Posted: 12th Jun 2014

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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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