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Hyderabad gets continued support from occupiers and investor

Hyderabad gets continued support from occupiers and investors’

The city received an investment of approximately INR 101 bn since the formation of a new Telangana state

·         Focus on infrastructure, strong economic growth, development of world-class office and residential assets and progressive state-level reforms introduced in recent years have positively impacted the investors’ and occupiers’ preference for the city

·         Office and residential segments followed by retail and warehousing continue to attract the maximum investments

·         Compared to other top cities, Hyderabad’ share of net absorption in offices has witnessed a strong surge of 27% during the first half of 2019 from 8% witnessed in the corresponding period the last year

·         In 2019, new c ompletions in the office segment in Hyderabad to remain highest

·         While new launches in the residential segment have declined, sales have seen continuous rise since the second half of 2017



Hyderabad, 16 August 2019: Investments in Hyderabad has surged more than five times to approximately INR 101 bn since the beginning of 2015 till the first half of 2019, according to the latest JLL study released today. The beginning of 2015 also marked the emergence of the new state as the potential investment destination among investors and occupiers. Compared to this, the city received INR 18 bn from 2008 to 2014.

The study said, focus on infrastructure, strong economic growth, development of world-class office and residential assets and progressive state-level reforms introduced in recent years have positively impacted the investors’ and occupiers’ preference for the city. As per the research, the office segment attracted ~70% of investments.



“The formation of Telangana state has added to the growth potential of the city. There is a growing preference among global as well as domestic occupier companies toward quality assets. Expansion led by co-working operators, BFSI and select IT/ITeS companies have resulted in the strong surge in Hyderabad. Our outlook on the city remains positive,” said Ramesh Nair, CEO & Country Head, JLL India.

“Compared to this, the net absorption in other cities remained relatively slower as the markets continued to witness consolidation, primarily in IT/ITeS domain players, and relocation of corpor ates in a bid to lower costs and enhance efficiencies,” Nair added. 



Going ahead, Hyderabad is likely to be the front runner in office segment with 13.2 mn sq ft, constituting 28% of the overall new completions in India in 2019. Almost 50-60% of this space is already pre-committed.

City’s significance is evident from the fact that it ranks second globally on the JLL’s City Momentum Index in 2019, placing it right after Bangalore. JLL’s City Momentum Index released its sixth edition in 2019 and this year the focus has been purely on short-term momentum of 131 cities across the globe. Short-term momentum refers to the dynamism and rapid growth of cities. Rapid growth comes with its own challenges like adding pressure on the city’s infrastructure and often involves a compromise on the quality of life of the citizens. If these issues are not addressed, they will affect the long-term growth of the city.

“In the last few years, global technology giants and companies have entered Hyderabad market resulting in its tremendous economic development. The city’s investment in urban infrastructure is one of the key contributors to its impressive growth. Newly developed infrastructure has improved connectivity to accommodate the growing population and improved living standards. All these developments added to the real estate sector’s growth in the city,” said Sandip Patnaik, MD – Hyderabad, JLL India.



On the residential front, the research said, the city is setting new records. While there has been a decline in new launches sales have seen a continuous rise since the second half of 2017. Puppalguda, Gopanpally, Manikonda, Narsingi and Nallagandla attracted a majority of the new launches. More than 40% of the launches have come in the mid-market segment in the INR 7.5-10 mn bracket. The city has seen an average price appreciation of 6% y-o-y in H1 2019.


About JLL India

JLL is India’s premier and largest professional services firm specialising in real estate. With an estimated revenue for FY 2018-19 expected to be approx. INR 4,000 crore, the Firm is growing from strength to stren gth in India for the past two decades. JLL India has an extensive presence across 10 major cities (Mumbai, Delhi NCR, Bengaluru, Pune, Chennai, Hyderabad, Kolkata, Ahmedabad, Kochi and Coimbatore) and over 130 tier II & III markets with a cumulative strength of close to 11,000 professionals.

The Firm provides investors, developers, local corporates and multinational companies with a comprehensive range of services. This includes leasing, capital markets, research & advisory, transaction management, project development, facility management and property & asset management. These services cover various asset classes such as commercial, residential, industrial, retail, warehouse and logistics, hospitality, healthcare, senior living and education.

JLL India won the Five Star Award for ‘Best Property Consultancy at the International Property Awards Asia Pacific 2018 -19. The Firm was also recognised amongst the ‘Top 100 Best Places to Work in India’ in 2017 & 2018 in the annual survey conducted by Great Place to Work® and The Economic Times. It has also been acknowledged as ‘Property Consultant of the Decade’ at the 10th CNBC-Awaaz Real Estate Awards 2015. For further information, please visit jll.co.in

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