Monthly Real Estate Monitor Hyderabad June 2015

by JLL India

OFFICE

Hyderabad witnessed improved demand in May.

Major transactions:

Factset at Raidurg

Broadridge, Mega soft, Whishworks and Intergraph, all at Hitec city

NCR expanded operations at Begumpet

Key Precincts	Rental Value (INR per sq ft per month)	Capital Value (INR per sq ft)
Begumpet	45–55	4,500–6,500
Banjara Hills	50–65	4,500–8,500
Hitec City	40–50	4,500–6,800
Gachibowli	38–48	4,500–6,000
Uppal	25–35	3,000–4,000

RETAIL

Well known brands were seen expanding their operations in key localities.

Major transactions:

RS brothers at Gachibowli

Karachi bakery at Jubliee hills and Shaikpet.

Key Precincts	Rental Value (INR per sq ft per month)	Capital Value (INR per sq ft)
Banjara Hills	110–140	11,000–14,000
Jubilee Hills	130–160	13,000–16,000
Secunderabad	80–110	8,000–11,000
Hitec City	110–130	11,000–13,000
Kukatpally	110–130	11,000–13,000
Dilsukhnagar	110–120	11,000–12,000

RESIDENTIAL

Launches in Hyderabad were moderate in May.

Key launches

Pacifica Hillcrest by Pacifica companies at Gachibowli

Praneeth Pranav Panorama by Praneeth Developers at Beeramguda

Alekhya Towers by Alekhya Constructions at L B Nagar

Key Precincts	Rental Value (INR per month for a 1,000 sq ft 2BHK apartment)	Capital Value (INR per sq ft)
Banjara Hills	20,000–30,000	7,500–14,000
Begumpet	12,000–20,000	4,000–6,500
Kondapur	10,000–20,000	3,500–5,500
Gachibowli	10,000–18,000	3,500–4,500
Tellapur	8,000–15,000	2,800–4,200
Kukatpally	8,000–15,000	3,700–4,200
Miyapur	8,000–10,000	2,500–3,800

Policy..!

The Greater Hyderabad Municipal Corporation(GHMC) has allocated a

total budget of INR 200 billion for infrastructure development in next four years.

The project includes development of 20 multi-level flyovers initially to ease the traffic.

They are planning to improve the internal road connectivity in the city.

About JLL India..!

JLL is India’s premier and largest professional services firm specializing in real estate. With an extensive geographic footprint across 11 cities (Ahmedabad, Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad, Kolkata, Kochi, Chandigarh and Coimbatore) and a staff strength of over 6800, the firm provides investors, developers, local corporates and multinational companies with a comprehensive range of services including research, analytics, consultancy, transactions, project and development services, integrated facility management, property and asset management, sustainability, industrial, capital markets, residential, hotels, health care, senior living, education and retail advisory.

The firm was named the Best Property Consultancy in India (5 Star Winner) at the International Property Awards – Asia Pacific for 2012-13. For further information, please visit www.joneslanglasalle.co.in

For more information about research, contact

Ashutosh Limaye

Head, Research and REIS +91 98211 07054

ashutosh.limaye@ap.jll.com

 Sujash Bera

Assistant Manager,

 Research +91 033 3343 6125

 sujash.bera@ap.jll.com

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