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HYDERABAD Cushman & Wakefield Global Cities Retail Guide

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HYDERABAD Cushman & Wakefield Global Cities Retail Guide HYDERABAD Cushman & Wakefield Global Cities Retail Guide Cushman & Wakefield | Hyderabad | 2019 0 Hyderabad is the capital of the newly-formed Indian state of Telangana. It is located on the banks of the Musi River, surrounding the Hussainsagar Lake in the Deccan Plateau of Southern India. The city’s area is 650 square kilometres and has a population of 9.7 million. Among the cities of Telangana, Hyderabad is the largest contributor to the state’s GDP, state tax and other revenues. Hyderabad has emerged as a hub for the information technology, pharmaceuticals and biotechnology industries and is known as “India’s pharmaceutical capital” and “Genome Valley of India”. The city is a major centre for higher education and research, and is among the global centres of information technology for which it is known as Cyberabad (Hi-Tech City). Hyderabad’s retail market is characterised by unorganised retailers such as ‘Mom and Pop’ shops and organised local retail chains such as department stores. The city’s retail market is mostly concentrated on main streets due to a lack of shopping centres. However, with new developments coming on stream and government support for FDI in retail, it is expected that there will be a surge in Hyderabad’s retail market prospects. The city government’s proactive steps, investor-friendly policies and improving infrastructure are reviving business sentiments, attracting investments and major companies, whilst boosting its real estate market activities. The retail market has seen significant momentum in recent times with retail leasing seeing an upward trend. Demand is largely driven by the apparel, entertainment and F&B sectors. Ikea, the world’s largest furniture brand, has opened its first centre in the city. Likewise, many International brands such as MG Motors, KIA motors, Sephora, One Plus, Brooks Brothers, Diesel have entered the city. The growth of the financial services sector has helped Hyderabad evolve from a traditional manufacturing city into a HYDERABAD cosmopolitan industrial service centre. From the 1990s, the growth of information technology (IT), IT-enabled services (ITES), insurance, pharma and financial institutions have OVERVIEW expanded the service sector and these primary economic activities have boosted the ancillary sectors of trade and commerce, transport, storage, communication and retail. With the infrastructure developments speeding up in the city, the metro rail network is playing a major role in connecting people and spaces. The metro malls have become the driving factor for development across various parts of the city. Cushman & Wakefield | Hyderabad | 2019 1 HYDERABAD KEY RETAIL STREETS & AREAS BANJARA HILLS KUKATPALLY Banjara Hills is the wealthy commercial district of Kukatpally is the largest residential hub closest to the Hi Hyderabad. Three lavish hotels from the Taj group, Park tech city where many of the IT and ITES employees stay. Hyatt, Radisson Blu Plaza, premium brands at GVK One This residential hub has emerged with the set up of a mall and classy restaurants at City Centre Mall make the University called JNTU and large Government built area a frontrunner in luxury retailing. Banjara Hills Road residential colonies and now has the largest traditional no 2 houses premium brands such as Brooks Brothers, retail stretch in the city with 2 malls. The National Highway Collective, Diesel, Tommy Hilfiger, CK, FCUK, Harley No. 65 which connects Hyderabad and Mumbai runs Davidson, Nautica, Triumph and food brands such as through Kukatpally and the entire retail stretch is formed Starbucks, McDonald's, KFC, TGIF & Pizza Hut. Designer on this Highway. Forum mall in Kukatpally has brands boutiques such as Tarun Tahiliani, Ogaan, Ritu Kumar, such as Zara, Forever 21, Starbucks, McDonald’s, KFC, Sabyasachi, Raghavendra Rathore. Ethnic wear and Burger King, Body Shop, Tommy, US Polo, TGIF, Indian wedding saree collection such as Nalli Silks, Sri Hamley's, M&S and many other international watch Kanchi, Mandir & VRK Silks have a strong market brands. Metro has their largest Cash & Carry stores which presence in Banjara Hills. clocks the highest sales in Hyderabad. This area has a number of regional departmental stores such as CMR, JUBILEE HILLS Chandana Brothers, R S brothers, South India Shopping mall, Centro, VRK Silks, Kalamandir, Chennai Shopping Jubilee Hills is an elite residential area marked by large Mall, The Chennai Silks and many jewellery store. Its bungalows, restaurants, specialist hospitals and proximity to the IT hub, international airport, industrial recreation centres. Home to the Telugu film industry, areas and upcoming mall supply has attracted many media houses, business tycoons, Bureaucrats and domestic and international brands politicians, this area attracts premium domestic and international brands in all categories. Jubilee Hills Road No 36 is the shopping destination with many international AS RAO NAGAR flagship stores such as H&M, Bentley, Starbucks, Super AS Rao Nagar is the retail hub of North-eastern region of Dry, Gas, UCB, Steve Madden, Haagen Dazs, Levi's, Hyderabad with Central Govt employees of a public sector M&S, Jack & Jones, Only, Vero Moda, Adidas, Reebok, electronics company called ECIL and other mid segment Red Indian Bikes, Fab Regal Raptor bike and an offices serving in the local area. This location evolved as a Australian fitness centre F45. Apart from retail this mid-segment residential colony after the establishment of catchment houses many restaurants such as Buffalo Wild a public sector electronics company called ECIL. Wings, Ciclo Café, Driven Café, Barbeque Nation, Ohris, Sainikpuri & Malkajgiri are the adjacent major colonies Little Italy, Olive Bistro and few other resto-bars and which have connectivity to this location. regional micro brewery restaurants such as Prost, Hy Life, Over The Moon. Cushman & Wakefield | Hyderabad | 2019 2 HYDERABAD KEY RETAIL STREETS & AREAS PUNJAGUTTA HIMAYATHNAGAR Punjagutta is a major transit point for all areas of the city Himayathnagar is second largest preferred destination and hence, traversed by people of all age groups. after Jubille Hills and is an organised retail market in close Punjagutta is the largest jewellery market with huge proximity to Abids and the Central Business District. This traditional retail market called Ameerpet adjacent to it. market has evolved as organised retail adjoining the Punjagutta is the centre of Hyderabad retail market which traditional retail market of Abids and Koti with reputed connects the premium catchment of Banjara Hills and organised retailers such as McDonald’s, KFC, Burger Central business district of Hyderabad such as King, Domino’s and departmental stores such as Somajiguda and Begumpet. Begumpet - Nagarjuna circle Westside, Pantaloons, Unlimited, Max. The high street stretch witnesses a lot of retailing activity due to the also has brands such as Blackberrys, Jack & Jones, UCB, Hyderabad Central mall, jewellery and large wedding VOI Jeans, Levi's, Spykar, Adidas, Puma, US Polo. Even stores, footwear and book stores. the ethnic brands such as Jade Blue, Mebaz, VRK Silks, Kalakunj, Manyavar have created a niche segment amid ABIDS western wear. The restaurants such as Chutneys, Abids is the oldest business location in the city due to the Minerva, Rayalseema Ruchulu, Alex’s Kitchen, Haiking presence of government head offices and proximity to Chinese restaurant, Ohris are present. Recently, One plus Nampally Railway station. Jagdish market, Mozamjahi announced to set up the largest experience store of the market, Begum Bazaar, MPM Mall and other old country in Himayathnagar. renowned shops offer a wide variety of products ranging from traditional jewellery, apparel, footwear to books, GACHIBOWLI electronics, furniture and bakery items. Gachibowli is one of the prominent shopping centers in the city. The presence of large number of MNCs and MADHAPUR international hotels have ensured huge footfalls in the Madhapur is the established IT / ITES corridor of shopping centers as it offers a variety of brands, Hyderabad. The multi-national corporations in the restaurants and gaming zones. Ikea has opened India’s Cyberabad and Financial District, plus the international 1st store in Gachibowli. Moreover, the presence of good hotels situated here ensure that a lot of corporate and restaurants, cafés and other small retail outlets in the foreign delegates visit this location. The Inorbit attracts suburbs of Kondapur, Nallagandla and Miyapur, which are huge footfalls as it offers a variety of brands, restaurants residential areas, are gaining traction in developing retail and gaming. The suburbs of Madhapur, Gachibowli, spaces. Kondapur, Nallagandla and Miyapur are home to people employed by major IT companies, so have an assortment of quick service restaurants (QSRs), cafés and other retail establishments. Cushman & Wakefield | Hyderabad | 2019 3 HYDERABAD KEY RETAIL STREETS & AREAS . KOMPALLY ATTAPUR Kompally and Suchitra are one the developed areas in the Attapur is developed on the Southern part of the city and northern part of Hyderabad. The whole area is developed is connected to National Highway No.7 which goes on the National Highway No. 7 which connects to other towards a major state capital city Bengaluru. Attapur is districts in Telangana and heads towards Nagpur. It is developed due to its proximity to International Airport, IT known for the Industrial Park, Educational Institutes & and ITES hub on the south west, Industrial park, Central collages,
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