Hyderabad's Rise as a Commercial Hub
Hyderabad is rapidly transforming into the go-to investment destination for commercial property developers who have already established a strong presence in Bengaluru. This shift is timely, coinciding with Hyderabad's real estate market rebound after navigating nearly five years of political instability.
Established Developers Make Their Mark
Prominent companies such as:
- DivyaSree Developers
- Embassy
- Salarpuria Sattva
- RMZ Corp
have successfully developed, or are in the process of developing, a substantial commercial portfolio in Hyderabad. This strategic move complements their existing presence in Bengaluru, a city home to global IT giants including Microsoft, Oracle, and Uber.
Attractive Rental Trajectory
Notably, rental prices in both Hyderabad and Bengaluru, while growing, remain lower compared to other major cities. This pricing dynamic presents an attractive growth trajectory for companies eyeing expansion.
Market Dynamics and Future Projections
Typically, as cities evolve, existing clients seek opportunities in other locations, opting for a broader scale and enhanced business prospects. This trend is anticipated to lead to a convergence of Hyderabad's commercial property rental prices with those of Bengaluru.
Industry Insights
"The infrastructure in Hyderabad is poised for immense growth, particularly in the aftermath of the political upheavals in Bengaluru," observed Mike Holland, CEO of Embassy Office Parks, highlighting the city's potential for rapid development.