Ankur Upadhyay June 2020

Hyderabad Plot Corridors June 2020

Map 1. Key plotted development corridors in Hyderabad

Hyderabad - Nagpur IT Corridor

Genome Valley Biotech Corridor

Patancheru Industrial Corridor Warangal Highway Corridor

CBD and Financial Corridor

Aerospace Corridor

Pharma City Corridor

Hyderabad Airport Corridor

© 2020 Mapbox © OpenStreetMap Aerospace Corridor Hyderabad - Nagpur IT Corridor Pharma City Corridor CBD and Financial Corridor Hyderabad Airport Corridor Warangal Highway Corridor Genome Valley Biotech Corridor Patancheru Industrial Corridor

Notes: The above map represents the top localities by demand along the corridor. The size of the bubble represents the relative demand (consumer searches) on Magicbricks website during the period of January to March 2020 Source: Magicbricks Research

Booming plotted developments along IT & Aerospace hubs Governing Authorities

- Hyderabad Metropolitan In the last few decades, Hyderabad has emerged as a prominent IT/ITeS hub of India. The Development Authority supporting government policies have helped the city to attract signiﬁcant global (HMDA) investments. As the city is growing, the plotted development has picked up the pace along the major corridors in the city. In Hyderabad, the plotted development has uniformly - Greater Hyderabad developed along the NICE Ring Road and now growing along the major highways. Municipal Corporation (GHMC)

"The peripheral regions of Hyderabad emerged as a land investment hub driven by large scale industrial Notable Developments development with supportive government policies and ~ 19000 Acre Pharma City planned at aﬀordable land prices" Mucherla ~ 500 Acre Aerospace Park planned at The north and west directions of the city is witnessing more plotted development due to the Ibrahimpatnam nearby employment hubs in the north-west part of the city. Most of the demand is concentrated in the North-West along Patancehru Industrial Corridor (Mumbai Highway) 8 new logistics hubs proposed along Nehru and CBD and Financial Corridor (Shankarpalli Hyderabad Road). Although, Patancehru ORR Industrial Corridor (Mumbai Highway) and CBD and Financial Corridor (Shankarpalli Hyderabad Road) are considered as the largest plot corridors in Hyderabad in terms of Apple, Google, Facebook and Microsoft are demand, the southern part of Hyderabad is also experiencing a supply surge in plotted setting up large facilities in Hyderabad development along the Pharma City Corridor (Srisailam Highway) and Hyderabad Airport Corridor (Kurnool Road). Beside, Warangal Highway Corridor in the east has also witnessed some traction in terms of the plotted project development. Popular Units Residential plots in Hyderabad are usually available in the range of 75 to 225 sq. yards. The A) Sqft plot prices decrease as we move further away from the city. The plotted developments are B) Gajam/Sqyrd = 9 Sqft costlier in north and west directions as compared to other areas. In this report we have C) Ankanam = 8 Sqyd detailed the various investment Corridors in the city from the perspective of plotted D) Gunta = 121 Sqyd developments.

Graph 1: Demand Supply Analysis Table 1. Key plot corridors in Hyderabad

Demand Corridor Adjoining Road Region Price Supply Range

20% Patancheru Mumbai Highway North-West 600-9200 Industrial Corridor CBD and Financial Shankarpalli Hyderabad West 1000-8500 Corridor Road 10% Warangal Highway Yadadri - Warangal East 400-5400 Corridor Highway

Aerospace Corridor Nagarjuna Sagar Road South-East 500-3900

0% Hyderabad Airport l l r r r r r r r r t y y

T Kurnool Road South-West 500-4600 a a r I o o o o o o o o e a

i i Corridor l o r r d d d d d d d d c l i i i i i i i i w t p u n a r r r r r r r r r s h p r r r r r r r r i a V u

g Hyderabad-Nagpur g o o o o o o o o n i A

i e d a C C C C C C C C Medchal Road North 1500-3700 H

F d n

m N I l IT Corridor y e h a

d t o - c a c

b i u n n a e g r a d C a t

e p r n

e a o a s e a G h i D b Pharma City Corridor Srisailam Highway South 700-2300 r o c d m a B B r a n y r r C e a a e H W A t h d a y P Genome Valley P

H Mancherial Highway North 900-1700 Biotech Corridor Source: Magicbricks Research Source: Magicbricks Research

Notes:The above graph represents the demand and supply gap. The bars in the graph Note:The above table lists the prominent plotted development corridors outside the city. The table reﬂect demand (relative consumer searches in the last 3 months) and area also depicts price range of plots in INR/sq.ft. The ﬁgures are derived from available data at represents supply (listings of plots as on May 2020) on Magicbricks website. Magicbricks website as on May 2020

Overview

The Patancheru Industrial Corridor/ Mumbai Highway is one of the most preferred and Location fast-developing plotted development corridors. Located in west-Hyderabad, the corridor North West Hyderabad (Starting starts from Madinaguda and stretches up to Sangareddy, covering more than 55 km along the from HITEC City) Mumbai Highway. Employment Hubs Beeramguda, Sangareddy, Patancheru, Aminpur and Sultanpur are some of the most HITEC City, Gachibowli and sought-after localities for plotted developments on this corridor. Increased buyer interest has Whiteﬁelds led to real estate developments going even farther along the corridor, till Sadashivpet. Metro Connectivity Red and Blue Line "Sangareddy emerging as a hotspot, predominantly driven by low property prices and proximity to Highway Connectivity employment hubs" Nehru ORR and Mumbai Highway Prominent IT Parks Research Analysis DLF IT SEZ, Tech Mahindra IT SEZ, L&T Infocity, TCS Synergy Park, - As the largest plotted development corridor of Hyderabad, Mumbai Highway provides plenty Mindspace Cyberabad of options Premier Educational - Gachibowli, Beeramguda, Kondapur, Chandanagar, Miyapur, Patancheru and Aminnpur Institutes together account for most of the buyer demand, owing to developed neighborhoods, but IIIT Hyderabad, IIT Hyderabad, supply is relatively low in these locations. Indian School of Business, University of Hyderabad - Availability of developable land in Nadigama and beyond (till Sadashivpet) is witnessing increase in supply of plotted developments; even though the demand is yet to catch up. Source: Magicbricks Research

Map 2. Top localities in the Plot corridor by Demand Table 2. Capital Price

Locality Price Range Distance (INR/sq.ft) (Km)* Gachibowli 2300-3500 0 Kondapur 6500-9200 4 Chandanagar 5800-8800 5 Beeramguda 1900-3500 8 Aminpur 1600-3200 9 Miyapur 2800-5000 9 Patancheru 1700-2900 9 Sultanpur 1700-2600 12 Muthangi 1800-2900 13 Nandigama 1600-2400 14 Indresham 1400-2100 15 Isnapur 1700-2900 16 Rudraram 1300-2200 20 Sangareddy 1000-1700 31 © 2020 Mapbox © OpenStreetMap Sadashivpet 600-800 45

Source: Magicbricks Research Source: Magicbricks Research

Notes: The above map represents the top localities by demand along the corridor. The size of the bubble represents the Notes:The price range is derived from listings available on relative demand (consumer searches) on Magicbricks website during the period of January to May 2020. Magicbricks website as of May 2020. * represent the distance of respective localities from the For more information, please visit www.magicbricks.com/investment-corridors/Patancheru-Industrial-Corridor-in-Hyderabad nearest employment hub, Gachibowli

Graph 2. Demand Supply Analysis

15% Demand “Proximity to Supply Gachibowli and other oﬃce hubs driving y l

p plot segment demand

p 10% u S in Beeramguda, &

n Miyapur, Patancheru a m

e and Aminpur” D

% 5%

"Kondapur and Gachibowli remain 0% the most sought-after i i r r r r r r t y a a a l u l m g e a u u u r u u d d w a m d n e p g p p p p p d u

r localities in the o a a n v a h a a a n n e g i a i b g a h c r y n n a d r i i h i t g t m n s a a n m d h d l s I u a a a g d M o c A u l a n u corridor however, the r t l n n a K M a d S R e a a a a G a e N P S h N S B

C supply looks bleak"

Source: Magicbricks Research

Notes:The above graph represents the demand and supply gap. The bars in the graph reﬂect demand (relative consumer searches in the last 3 months) and area represents supply (listings of plots as on May 2020) on Magicbricks website.

Demand Drivers and Upcoming Developments Table 3. Top Plot Projects Economic Development Project Name Locality Spring City Aminpur - Mindspace Madhapur Information Technology (IT) Park, Meenakshi Tech Park, Hyndava Techno Park, Cyber Gateway and Phoenix Avance Special Economic Zone (SEZ) driving the Gayathri Enclave Miyapur demand along the corridor Central Park Phase II Kondapur - Cognizant, Amazon, Facebook, Deloitte, Motorola, Tech Mahindra, HCL are some prominent IT/ITeS companies housed in these IT Parks Paradise County Patancheru - Proposed IT City along the Shankarpally-Muthangi-Kokapet triangle Cristal County Nandigama Social Development Platinum City Beeramguda Sandstone Park Beeramguda - Indian Institute of Technology (IIT) Hyderabad, Jawaharlal Nehru Technological University (JNUTU), Gandhi Institute of Technology and Management (GITM) and SVKM's Narsee Lotus Avenue Chandanagar Monjee Institute of Management Studies (NMIM) are the prominent educational Royal Retreat Sangareddy institutions along and around the corridor - The area has good social amenities along the corridor with retail malls such as Manjeera, Eternity 2 Muthangi GSM Mall and Ashoka Golden. Also, hospital such as Max Care and Jyoti Multi Specialty Dream Home Kondapur Hospital is available along the corridor to serve the needs of the people. Arka Meadows Sangareddy

Infrastructure Development Golden County Gachibowli

- NH-65, Nehru Outer Ring Road (ORR) and Red and Blue Metro lines provide excellent Source: Magicbricks Research connectivity to commercial hubs and malls located in the inner parts of the city - Upcoming Regional Ring Road to connect Sangareddy with Kandi, Narsapur, Gajwel, The above table represents the top projects based on demand represented by consumer searches on the magicbricks website Choutuppal, Ibrahimpatnam and Shankarapally. during January - May 2020

Overview Location Located along the Shankarpalli-Hyderabad Road in the western outskirts of Hyderabad city, Western Hyderabad (Starting from the Central Business District (CBD) and Financial Corridor is a 25 km long plotted development Financial District) corridor.

This corridor starts from Kokapet through Shankarpalli, has excellent connectivity to the Employment Hubs center of the city, along with plenty of employment opportunities in the nearby commercial HITEC City, Gachibowli and hubs. Financial District

It has plotted developments from developers like Godavari Realtors, Jaithra Homes, Pragathi Resorts and Bhavani Developers. Metro Connectivity "Manikonda being the superlative- locality surrounded by HMR Blue Line Golkonda Fort, Banjara Hills and Jubilee Hills commands Highway Connectivity the highest prices in the corridor" Nehru ORR, Regional Ring Road and Shankrapalli Hyderabad Road

Research Analysis Prominent IT Parks WaveRock SEZ, Kapil Towers, - Central Business District corridor receives most of its demand from Mokila, Kollur, Tellapur Mantri Cosmos, Jairaj Orange and Manikonda Tower

- Demand along the corridor can be predominantly attributed to the proximity to Shankrapalli Premier Educational Hyderabad Road, Nehru ORR and localities such as Financial District, Gachibowli, HITEC City, Institutes Alankpur Township, Film Nagar, Banjara Hills and Jubilee Hills Hyderabad Central University, ICFAI Business School, Birla Open - The corridor also connects to some of the most notable multinational companies such as Mind School iGATE, Mascon Global LTD, CTS, Microsoft, Infosys, Wipro and TCS, etc. attracting workforce. Source: Magicbricks Research

Map 3. Top localities in the Plot corridor by Demand Table 4. Capital Price

Locality Price Range Distance (INR/sq.ft) (km)* Kokapet 900-1700 0

Financial District 1100-1300 1

Nanakramguda 1800-2900 1

Manikonda 5300-8500 2

Shankarpalli Rd 1300-2200 5

Toli Chowki NA 7

Tellapur 1800-3100 9

Kollur 1800-2700 10

Mokila 2000-3400 15

Bhanoor 1900-2800 19

Source: Magicbricks Research © 2020 Mapbox © OpenStreetMap Notes:The price range is derived from listings available on Source: Magicbricks Research Magicbricks website as of May 2020. * represent the distance of respective locality from the Notes: The above map represents the top localities by demand along the corridor. The size of the bubble represents the nearest employment hub, Kokapet relative demand (consumer searches) on Magicbricks website during the period of January to May 2020

For more information, please visit www.magicbricks.com/investment-corridors/CBD-and-Financial-Corridor-in-Hyderabad

Graph 3. Demand Supply Analysis

Demand 25% "Kollur, Tellapur and Supply Manikonda emerged as

20% the most sought-after y l

p localities of the corridor p u S

& predominantly due to 15% d n

a proximity to HITEC City, m e D

Gachibowli and Nehru 10% % ORR”

5% "Mokila witnesses a

0% steady demand for plots i i i - r r r r t t a a a p d k l l y g i d c e o u u u i l a d i l e l n h d p o l p p r

w as it oﬀers HMDA k o n i s a e t a n a o o o s m o R r l m n s i p

k r a l K h k i l a r a i y M o a e h w C e l D a g

n l n approved gated K T i o B N l V k k n l a a T a n e

a o p i r M a r T c R N u h a

n societies along with p k S a a n n i k a l F

h other basic amenities A S within budget" Source: Magicbricks Research

Demand Drivers and Upcoming Developments Table 5. Top Plot Projects

Economic Development Project Name Locality - Honeywell, Tata Consultancy Services, Accenture, Capgemini and Birla Soft some of the key JB Residency Manikonda IT/ITeS companies present in the adjacent Financial District Nature Homes Mokila - GAR Laxmi Infobahn SEZ, Novartis, WaveRock SEZ and Wipro SEZ are other prime Meenakshi County Shankarpally Road employment hubs in proximity - Proposed IT City at the Golden Triangle of Hyderabad that includes Shankarpally - Muthangi - Golden County Tellapur Kokapet provides great prospects of future growth Eminent City Shankarpally Road

Social Development Bhagya Township Manikonda Western Meadows Mokila - Access to excellent social infrastructure in Gachibowli and Manikonda localities, extending Gachibowli Paradise Mokila till Kokapet and Gandipeta Diamond Hills Colony Manikonda - SRC Hospital, Shree Sanjevani Hospital, Medikure Hospital and Continental Hospital present on the corridor Cristal County V Kollur - Gram Panchayath Shopping Mall, PYR Shopping Complex and North Shopping Complex are Pragati Green Valley Mokila some of the shopping areas accessible from the corridor Jaihind Enclave Narsingi Infrastructure Development Virtusa Cynosure Mokila

Source: Magicbricks Research - Planned 100 feet road and four-lane highway between Cyberabad and Shankarpalli

- The under-construction Regional Ring Road (RRR) to pass through Bhongir, Choutuppal, The above table represents the top projects based on demand Ibrahimpatnam, Shadnagar, Chevella, Shankarpalli, Narsapur, Toopran, Gajwel and represented by consumer searches on the magicbricks website Jagdevpur during January - May 2020 - The upcoming RRR is likely to provide easy access to the developing cottage, electronics and logistics industries outside the city

Overview

Warangal Highway Corridor is located along the Yadadri - Warangal Highway which is a major Location road to the east of Hyderabad that links the city to three important tier-II cities, namely East Hyderabad (Starting from Warangal, Hanamkonda and Kazipet. Rapid infrastructure improvements, presence of Uppal) multinational companies, availability of properties in all budget segments and favorable state government policies have promoted real estate development along the corridor in recent Employment Hubs years. Bohingir Industrial area, Uppal, Pocharam, Ghatkesar The prominent residential projects in this corridor are Visishta Infra Projects, Spectra Infra Projects, Building Blocks, TMR Infra Projects and USM My City. Kondamadugu, Pocharam, Narapally, Bibi Nagar, Yadagirigutta and Rampally are some of the popular neighborhoods. Metro Connectivity HMRC Blue Line and Red Line Phase "Proposed Hyderabad Metro Rail Phase II likely to boost II (Proposed) residential demand along the corridor " Highway Connectivity NH 163 and Nehru ORR

Research Analysis Prominent IT Parks - One of the biggest residential corridor in Hyderabad, Warangal Highway corridor is rapidly Raheja MindSpace IT Park, Infosys emerging as an investment hotspot for both industrial and commercial sectors SEZ, NSL Arena

- Rising demand along corridor can be attributed to several distinguishing factors such as Premier Educational proposed phase II of Hyderabad metro, Shri Lakshmi Narasimha Swami Temple at Institutes Yadagirigutta, the connectivity through Nehru ORR and NH-163 and ample job opportunities along the corridor Osmania University, Nizam College

- Majority of plot demand starts from Rampally, which is 23 km from CBD, and goes up to

Yadagirgutta, which is 67 km away. Source: Magicbricks Research

Map 4. Top localities in the Plot corridor by Demand Table 6. Capital Price

Locality Price Range Distance (INR/sq.ft) (Km)*

Pocharam 1800-2800 0

Rampally 1600-2800 0

Ghatkesar 1000-1800 4

Uppal 3300-5400 8

Nagole 1500-2000 9

Aushapur 1000-1600 10

Bibi Nagar 700-1200 16

Bhuvangiri 1000-1500 27

Yadagirigutta 400-700 36

Source: Magicbricks Research Notes:The price range is derived from listings available on Magicbricks website as of May 2020. Notes: The above map represents the top localities by demand along the corridor. The size of the bubble represents the * represent the distance of respective locality from the relative demand (consumer searches) on Magicbricks website during the period of January to May 2020 nearest employment hub, Pocharam For more information, please visit www.magicbricks.com/investment-corridors/Warangal-Highway-Corridor-in-Hyderabad

Graph 4. Demand Supply Analysis

40% Demand Supply "Yadagirigutta, a 30% temple city boasts y l p

p highest demand and u S

& supply for plots on the d n a 20% corridor" m e D

% "Ghatkesar, Uppal, Bibi 10% Nagar and Pocharam boast industrial hubs

0% which act as the major l l i - r r y y e e a a a r l l l l a a m a a a t i l l d d o o t a p p d s

g demand centers along g a a u u r g g u p p e u a n p p g g a a a k g u i i g U a a N i j h t

m a d d r v N N r i c o l a i

a the corridor" a o a u b o n d h g i z R B h N n n P r a G B B a e A d e B a P Y

Source: Magicbricks Research

Demand Drivers and Upcoming Developments Table 7. Top Plot Projects Project Name Locality Economic Development Bhashyam Silicon County Pocharam

- Numerous technology parks such as Mindspace Madhapur IT Park, Pabbas IT Park, Software Siyora Royal Court Ghatkesar Technology Park of India, Industrial Developmental Area (Uppal) and Reliance Corporate IT Suncity Emerald Extn Yadagirigutta Park employing thousands of individuals - Infosys, Volkswagen Deccan, Renault and Genpact are the major companies operating out Palm Meadows II Ghatkesar of various IT Parks and industrial developments along the corridor Renuka Enclave Ghatkesar

Social Development Yadadri Heights Yadagirigutta

L R Palm Meadows Rampally - High-quality social infrastructure at the beginning of the corridor - Sree Vidyanikethan, St Ann's, Aryabhatta Olympiad, Om Shri Mahakali Vidhyalaya and Greater's True Pride Pocharam Pudami at 5 - 7 km Future City Bibi Nagar - Apex Hospital, ESI Hospital, Dr. Racha Yadagiri Hospital, Shri Swathi Hospital and Surya Hospital are within 10 km Metro City Yadagirigutta - Maangalya, DC Plaza, Mayuri Shopping Complex and Central within 5 - 10 km Golden County Rampally Infrastructure Development Source: Magicbricks Research - Ongong development of three underpasses at L.B Nagar, Kamineni Hospital Junction and East The above table represents the top projects based on demand Anandbagh represented by consumer searches on the magicbricks website - Proposed Regional Ring Road, 290 km long and 90 meters wide, to pass through Bibi Nagar. during January - May 2020

Overview Location Placed strategically on Nagarjuna Sagar road on the outskirts of Hyderabad's south-eastern South East Hyderabad region, Aerospace Corridor is one of city's prominent plot corridors. The corridor begins at Vijayawada Highway and extends up to Mangalpalle, covering 21 km. Employment Hubs The corridor is experiencing swift development with developers such as Sai Snehita, Srika Adibatla TSIIC, Tata Boeing Aerospace Projects and Headway Properties establishing their projects along the corridor. The surge in SEZ, Tata Lockheed Martin real estate supply and demand along the corridor can be attributed to aﬀordable prices with Aerostructures ample employment opportunities. Further, the corridor oﬀers developed physical and social infrastructure in Adibatla, while areas further along the corridor are also witnessing rapid Metro Connectivity development. HMRC Red Line (From LB Nagar)

"Allocation of 1000 acre land for aerospace industries Highway Connectivity between Adibatla and Ibrahimpatnam is anticipated to Nehru ORR, Nagarjuna Sagar Road, Vijaywada Highway surge the residential demand along the corridor" Prominent IT/Industrial Research Analysis Parks GMR Aerospace & Industrial Park - Adibatla, envisaged as upcoming IT, aerospace and defense hub is witnessing more than one fourth of the total demand for plots in the corridor Premier Educational Institutes - Hayathnagar being strategically located along NH-65 and in vicinity to prominent localities Sphoorthy Engineering College, such as Auto Nagar and Pocharam is also turning out to be a popular option among the Maturi Venkata Subba Rao potential home buyers Engineering College, CVR College Of Engineering - Ibrahimpatnam, Bongloor, Kongara Kalan and Adibatla are the best placed localities in the corridor for investment, predominantly due to proposed infrastructure developments and aﬀordable property prices Source: Magicbricks Research

Map 6. Top localities in the Plot corridor by Demand Table 8. Capital Price

Price Range Distance Locality (INR/ sq.ft) (km)* Adibatla 1300-2100 0

Mangalpalle 1600-2100 2

Kongara Kalan 1600-2300 3

Turkayamjal 1900-3000 3

Nadargul 1800-2900 4

Ibrahimpatnam 900-1500 15

Hayathnagar 2400-3900 17

Pedda Amberpet 1600-2800 22

Abdullapurmet 1000-1700 26

Source: Magicbricks Research © 2020 Mapbox © OpenStreetMap Notes:The price range is derived from listings available on Source: Magicbricks Research Magicbricks website as of May 2020. * represent the distance of respective locality from the Notes: The above map represents the top localities by demand along the corridor. The size of the bubble represents the nearest employment hub, Adibatla relative demand (consumer searches) on Magicbricks website during the period of January to May 2020.

For more information, please visit www.magicbricks.com/investment-corridors/Aerospace-Corridor-in-Hyderabad

Graph 5. Demand Supply Analysis "Adibatla is likely to Demand 40% Supply get saturated in the near future and the development focus is y l

p 30%

p expected to shift to u S

Bongloor and other d n a localities along the m 20% e D corridor” %

10% "Hayathnagar is experiencing 0% l r r r t t y a a a n d d a l m m m demand-supply e e a a o a j a a a d d t a a a l p o g g a o o u a m r l w r a m n n a a r R R b G u g t t h w e a K

i n S

a a p n mismatch due to g a y b h d i a i p a m p p o l y a t r A m a a n H a a k B a l a m m j r l r A u h i i i y

r g j u t limited fresh supply" u h h r a a V u n s d T a a a d o H G a r r b g d K n b b A a e I I a P N V

Source: Magicbricks Research

Demand Drivers and Upcoming Developments Table 9. Top Plot Projects

Economic Development Project Name Locality Srika Premium Park Adibatla - Aerospace parks such as Tata Boeing Aerospace Limited, TATA Advanced JBs Serene City Ibrahimpatnam Road Systems, Tata Lockheed Martin Aerostructures and TCS Adibatla are the prime employment JB Serene Resort Nagarjuna Sagar Road hubs in the corridor True Pride Hayathnagar - The ﬁrst-ever logistic park in Mangalpally was inaugurated in October 2019 Sagar Hills Nagarjuna Sagar Road Social Development Evergreen City B N Reddy Nagar Future City Adibatla - The corridor hosts educational institutions such as aviation training institute -Flytech Venus Valley Nagarjuna Sagar Road Aviation Academy Nature Green Money - Hospitals such as Shyam Hospital, Bristlecone Hospital and New Amma Hospital provide Vijayawada Highway healthcare facilities along the corridor. Silicon City Kongara Kalan Metro City Nagarjuna Sagar Road Infrastructure Development Adibatla County Adibatla Sri Sai Enclave Kongara Kalan - The state government has announced the development of 8 new logistic parks along the Outer Ring Road Devans crysta valley Abdullapurmet - To support commute to these logistic parks, three inter-state bus terminals to be developed Aerospace County Adibatla on the city outskirts Avasa Hills Adibatla - Additionally, two major railway terminals proposed at Cherlapally and Nagulapalle to aid Source: Magicbricks Research the development

The above table represents the top projects based on demand represented by consumer searches on the magicbricks website during January - May 2020

Overview

Kurnool Road (NH-44) is an important roadway, connecting Kurnool in Andhra Pradesh and Location Rajiv Gandhi International Airport in Hyderabad. South West Hyderabad

In recent years, swift infrastructure development, connectivity to the areas around Hyderabad via Nehru ORR and other supportive state government measures have driven the growth of Employment Hubs real estate along NH-44. International Airport

This corridor comprises of localities such as Kothur, Shadnagar, Jadcherla, Kismatpur and Rajender Nagar Metro Connectivity HMRC Phase II Blue Line (Proposed) “Aﬀordability and proximity to airport and GMR Aerospace SEZ steering the plotted development demand in this Highway Connectivity Nehru ORR, Nagarjuna Sagar Road, corridor” Vijaywada Highway

Prominent IT/Industrial Research Analysis Parks GMR Aerospace & Industrial Park - Housing an ISRO center, and sound connectivity to the airport, Shadnagar constitutes most of the plot demand in the corridor; while the supply also being at par with the demand. Premier Educational Institutes - Jadcherla has seen a rising demand for plots owing to employment opportunities from the Symbiosis Institute of Business SEZ and pharmaceutical industries located in proximity. However, supply is yet to catch up Management, Vardhaman to the demand Engineering College

- Kismatpur strategically located adjacent to Shamsabad and at the intersection of Nehru ORR and Rajender Nagar Road drives substantial demand for plots Source: Magicbricks Research

Map 7. Top localities in the Plot corridor by Demand Table 10. Capital Price

Locality Price Range Distance (INR/sq.ft) (km)* Shamshabad 800-1400 0

Rajendra Nagar 3000-4600 8

Sangareddy Dst 700-1400 9

Kothur 700-1400 17

Shadnagar 500-900 29

Source: Magicbricks Research

Notes:The price range is derived from listings available on Magicbricks website as of May 2020. * represent the distance of respective locality from the nearest employment hub, International Airport

Source: Magicbricks Research

For more information, please visit www.magicbricks.com/investment-corridors/Hyderabad-Airport-Corridor-in-Hyderabad

Graph 6. Demand Supply Analysis

Demand "Besides Shadnagar, 50% Supply Kothur has also experienced a signiﬁcant

y 40%

l demand predominantly p p

u due to presence of S

d 30% industries and proximity n a

m to airport” e D

% 20%

"Shamsabad is 10% experiencing demand

0% and supply mismatch as r r r r r a d l a a u u u

a the market oﬀers r g g h p p b e t t a a a a h a o n h N h c

K d S

s limited supply around m d

a a s a r a i m h J d d a K S n d h the airport area" e e S j P a R

Source: Magicbricks Research

Demand Drivers and Upcoming Developments Table 11. Top Plot Projects

Economic Development Project Name Locality Sai Vinayaka Gardens Shamshabad - Rural Technology Park, Reliance Corporate IT Park and numerous other establishments Greenﬁeld Avenue Shadnagar located in Shamshabad Legacy Park Shamshabad - This corridor is within 15 kms from Mindspace Madhapur IT Park, STPI and JCK Embassy Industrial Park Star City Shamshabad - Infosys, Renault and Genpact are some of the major MNCs in vicinity Tuxedo Park Shadnagar Silver City Shamshabad Social Development Divine Nest Shamshabad - The corridor oﬀers well developed social infrastructure up to Shamshabad Golden City Jadcherla - Ram Reddy, Sai Smith, Trident and Magna are major hospitals nearby Valencia Town Kothur - Patnam Pentaiah Complex, Chennakeshava Swamy Temple and GSR Complex are some of the Prestige Nirvana religious and retail destinations along the corridor Manasa Hills Jasmine County Kothur Infrastructure Development TMR Terrain Shadnagar Lorna Greens Shadnagar - The proposed Regional Ring Road (RRR) to connect all outskirt localities to the ORR and IT hubs across Hyderabad Sawera Townships Shamshabad - This would enhance connectivity from the corridor to the various localities across the city Golden Habitat Kothur

Source: Magicbricks Research

The above table represents the top projects based on demand represented by consumer searches on the magicbricks website during January - May 2020

Overview Location Located at the intersection of Nehru ORR and Srisailam Highway, Pharma City Corridor is a South Hyderabad (Starting from prominent plotted development corridor in Hyderabad. The corridor includes some of the Maheshwaram Lines) prominent localities like Balapur, Tukkuguda and Maheshwaram. Employment Hubs The real estate development on Pharma City corridor has been driven by the upcoming Pharma Pharma City Mucherla (Upcoming) City at Mucherla. Some of the prominent developers who are active in the locality are Fortune Butterﬂy City, Myron Infra, Sri Logillu, Vardhan Developers and Akshita Infra. Metro Connectivity No Metro Connectivity (Planned or Proposed) "Upcoming Development of Hardware Park and Pharma Highway Connectivity City induces a surge in supply as well as demand for the Nehru ORR, Srisailam HIghway plotted development in Maheshwaram"

Prominent IT/Industrial Research Analysis Parks Raheja Park, Mindspace, Hardware - The demand in the corridor is predominantly concentrated in Maheshwaram and Tukkuguda Park (Proposed) localities, which together attract more than 50% demand for plots around the corridor Premier Educational - The upcoming Pharma City and Hardware parks are the major demand drivers across the corridor Institutes Government City College, - Proximity to prominent institutions and landmarks such as Defense Research Development Vardhaman Engineering College Organization (DRDO), Bharat Dynamics Limited and Charminar enable Balapur to command comparatively higher property prices

Source: Magicbricks Research

Map 5. Top localities in the Plot corridor by Demand Table 12. Capital Price

Locality Price Range Distance (INR/sq.ft) (km)* Tukkuguda 1400-2000 3

Srisailam Hwy 700-1200 6

Balapur 1300-2300 9

Maheshwaram 1000-1600 9

Mansanpally 900-1400 9

Maheswaram Lines 1000-1700 10

Source: Magicbricks Research

Notes:The price range is derived from listings available on Magicbricks website as of May 2020. * represent the distance of respective locality from the nearest employment hub, International Airport

Source: Magicbricks Research

For more information, please visit www.magicbricks.com/investment-corridors/Pharma-City-Corridor-in-Hyderabad

Graph 7. Demand Supply Analysis

Demand "Tukkuguda oﬀers Supply 40% excellent connectivity through Nehru ORR and y l Srisailam Highway and p

p 30% u S

commands a major share &

n of demand for plots” a m

e 20% D

% "Maheshwaram is the 10% latest hotspot for the real estate development 0% in the corridor owing to l - r r s

y y y a l l a m m m r u u e a l l d a a a g u p p n a a l u industrial growth" r r i w i n p a a p p g L a a l l h i a a a n u l a a s g d w w l i i a i k m B B s r a h s k H A e m s S n u M a h e a T a h M M a M M

Source: Magicbricks Research

Demand Drivers and Upcoming Developments Table 13. Top Plot Projects Project Name Locality Economic Development Song of the South Maheshwaram

Fortune Butterﬂy City - Upcoming Hyderabad Pharma City to house 150 industries in phase 1 development. Phase I is Srisailam Highway likely to be operational by the end of 2020 Evergreen City Maheshwaram - The corridor is also near GMR Aerospace & Industrial Park, one of the largest auto/aerospace hubs of India HPR Gardenia Mansanpally - The proposed development of Hardware park in Maheshwaram is likely to further boost Sark Green Plains Tukkuguda employment along the corridor Akshita Golden Ridge Maheshwaram

Social Development Premium County Tukkuguda

American Township Balapur - The social infrastructure is developing throughout the corridor. - Composite Hospital and JIMS Hospital are prominent hospitals along the corridor CBC Cosmopolis Srisailam Highway - Ramaswamy and Sons Mall, Renown Mall, Mahadev Shopping Mall provides retail facilities to SVR Township the residents around the corridor Srisailam Highway

Source: Magicbricks Research Infrastructure Development The above table represents the top projects based on demand - Rajiv Gandhi International Airport is 10 km from the corridor represented by consumer searches on the magicbricks website - Corridor has excellent connectivity to the rest of the city through Nehru ORR and Srisailam during January - May 2020 Highway - Proposed Phase II Metro likely to boost the airport's connectivity with the corridor

Overview Location North Hyderabad Hyderabad-Nagpur IT/Industrial Corridor (HNIC), located along Medchal Road (NH-44) is one of the earliest developed and most popular plotted development corridors in north Hyderabad owing to its proximity to the Begumpet International Airport. Employment Hubs With most of the corridor within city limits, it oﬀers an ideal combination of metropolitan Bahadurpally Tech Mahindra SEZ, amenities and rural tranquility. It includes localities of Bahadurpally, Dullapally, Kompally Medchal Industrial Area and Medchal. Newmark Urban Developers, Sandstone Infra, Sai Surya Developers are the major developers in the corridor in the plotted segment. Metro Connectivity No Metro Connectivity (Planned or Proposed) Graph 8. Demand Supply Analysis Highway Connectivity NH-44 and Nehru ORR 60% Demand y l

p Supply p

u Prominent IT/Industrial S

& 40% Parks d n

a Shameerpet Biotech Park m e D 20% % Premier Educational 0% Institutes Kompally Medchal Medchal Road Dullapally St. Martin Engineering College, CMR College, Hyderabad Engineering Source: Magicbricks Research College

Map 9. Top localities in the Plot corridor by Demand Demand Drivers and Upcoming Developments

Economic Development

- Tech Mahindra SEZ (8 km) and Industrial Development Area (Medchal) - Shameerpet Biotech Park is located near this corridor - Other industries such as BHEL and HAL in Balapur are within 20 mins from the corridor

Social Development

- CMR Institute, HITAM, Sadhu Vaswani International School and Shri Vivekananda High School are prominent schools along the corridor - Gandhi Hospital, Sri Kara Hospital and the Hope Hospital are nearest major hospitals

Infrastructure Development

© 2020 Mapbox © OpenStreetMap - NH-44 provides decent connectivity Source: Magicbricks Research - Kukatpally metro station is 15 km from the corridor. - Proposed Hyderabad Metro Phase II to enhance Notes: The above map represents the top localities by demand along the corridor. The size of the bubble represents the relative demand (consumer searches) on Magicbricks website during the period of January to May 2020. connectivity

For more information, please visit www.magicbricks.com/investment-corridors/Hyderabad-Nagpur-IT-Corridor-in-Hyderabad

Overview Location North Hyderabad The Genome Valley Biotech Corridor is the ﬁrst Biotech hub of India, with over 100 companies currently operating along the Mancherial Highway. Employment Hubs Proximity to numerous biotech companies and rapid infrastructure development has pushed demand for residential plots along the corridor. Nehru Outer Ring Road (ORR) has Genome Valley and Medchal witnessed a decent social infrastructure till Shameerpet, including areas such as Alwal Industrial Area and Kompally.

Prajay Engineering Syndicate, Genesis Properties and Kapil Homes are some of the active Metro Connectivity developers on this corridor. HMRC Blue Line

Graph 9. Demand Supply Analysis Highway Connectivity Nehru ORR, Eklavya Nagar Road, Demand y Venkatapuram X Road, Yadarpally l 60% p

p Supply X Road u S

& 40% d Prominent IT/Industrial n a Parks m e

D Tech Mahindra SEZ and Lonza SEZ 20% %

0% Premier Educational Shameerpet Yapral Thumukunta Machabollaram Bolarum Institutes Birla Institute of Technology &

Source: Magicbricks Research Science, Geetanjali College of Eng..

Map 8. Top localities in the Plot corridor by Demand Demand Drivers and Upcoming Developments

Economic Development

- India’s largest Biotech and Pharma hub housing giants like Novartis Healthcare, Clonz Biotech, Sami’s Lab and Daicel Chiral - An R&D facility by Syngene, and a manufacturing unit by Biological E endorse the furture development potential of the corridor

Social Development

- Birla Institute of Technology & Science, Geetanjali College of Engineering - Key healthcare facilities include Jubilee Hospital, Medicity Hospital

Infrastructure Development

- Upcoming projects include Genome Valley 2.0, a © 2020 Mapbox © OpenStreetMap medical devices park, and the biological Scale-up Source: Magicbricks Research manufacturing facility (B-Hub) - Nehru ORR and State Highway 1 provide good Notes: The above map represents the top localities by demand along the corridor. The size of the bubble represents the relative demand (consumer searches) on Magicbricks website during the period of January to May 2020. connectivity to the city

For more information, please visit www.magicbricks.com/investment-corridors/Genome-Valley-Biotech-Corridor- in-Hyderabad

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Disclaimer: This report has been prepared using the data compiled by Magicbricks from multiple sources. The report is for general information only and Magicbricks gives no warranty, express or implied, as to the accuracy, reliability, and completeness of any information within the report, and does not accept any liability on the information which may or may not be subject to change from time to time due to Governmental or non Governmental regulations/direction