The capital city of Telangana, Hyderabad has gradually become a key city in the South-East side of the country. Its new and old commercial and residential developments, along with good connectivity with other parts of the world make it an ideal place for organisations and multi-nationals to set their operations. As a result, a number of companies across sectors including the information technology, BFSI, manufacturing, pharmaceuticals, services and retail have set their offices.
The city itself is expanding and is ready to cater to the rising demand from occupiers. Regions such as Hi-Tech City, Nanakramaguda, Gachibowli, KPHB, Kothaguda, Jubilee Hills are some of the leading regions with well-developed commercial districts. As the city continues to expand, its commercial real estate is bound to grow. Rising demand and supply will continue to bolster growth in the coming years.
Hyderabad office market is divided into five submarkets housing one Central Business District, one Secondary Business District, one Suburban submarket with Gachibowli and Hitec city. CBD is an established social infrastructure with huge premium residential catchments. SBD’s are typically where higher asset quality is available as compared to other sub-markets as well as availability of commercial stock. PBD’s are where there is availability of large floor plates and relatively affordable rents, at high-quality buildings, for IT/ITeS occupiers.