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Somajiguda started as a peaceful residential locality. But slowly has transformed into a modern business centre in Hyderabad , India. Somajiguda is home to international banking institutions such as the Standard Chartered, Bank of Mauritius, HDFC, Bank of Kuwait etc. Well known IT companies such as ADP, 24/7, and many others operate their businesses here. Somajiguda is also a well known shopping center with big brands lined up at Somajiguda circle. Automobile sales stores for BMW, Honda, Skoda etc. are located here. The only BOSE music store in the city is located here. Private Hospitals such as Yashoda operate from this area. Hotels such as Fortune Katriya and others are located here. Real estate is on the rise with newer structures coming up in this area.