Learn more by clicking our most recent Hyderabad MarketBeat reports on the various sectors below.
Hyderabad MarketBeat Reports
27/12/2024
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
CURRENT MARKETBEATS
Hyderabad Office Report
Hyderabad office market saw gross leasing volume of 3.4 MSF in Q3-24, a 40% q-o-q growth. YTD net absorption stood at 4.43 MSF. Transactions over 100,000 SF constituted 57% of total leasing. Tech firms led with 31% share, followed by flexible operators (19%) and BFSI (18%). Prime markets such as Madhapur (61% share) and Gachibowli (31% share) dominated leasing activity. New supply of 2.4 MSF was also driven by Gachibowli (62%) and Madhapur (38%). Vacancy rates remained stable at 26.5%. City-wide rentals rose by 2% compared to Q2-24.
Hyderabad Retail Report
Hyderabad saw leasing volume of 0.49 MSF in Q3 2024. High streets drove leasing, with domestic brands comprising 97% of the tenant mix. Suburban areas led demand, capturing 61% of market share. Apparel accounted for 42% of leasing, followed by F&B (18%), accessories & lifestyle (10%) and electronics (10%). Vacancy rates in Grade-A malls dropped to 1.5%. Rentals in main streets rose by 2% q-o-q and in malls by 1% q-o-q.
Hyderabad Residential Report
Hyderabad recorded 13,653 residential launches in Q4-24, a 31% q-o-q rise. The west region dominated with a 34% share, followed by north (20% share), and the north-west, comprising 19% of unit launches. Mid-segment took lead with a 58% share, followed by high-end offerings (34%) and affordable housing (8%). Rental values in Hyderabad rose 9% y-o-y while capital values increased by up to 4% y-o-y.
Hyderabad Industrial Report
Hyderabad's warehousing sector saw 1.44 MSF of leasing activity in H1 2024. Large-sized deals led with 59% share, followed by mid-sized deals (26% share). Retail, third-party logistics firms, e-commerce and manufacturing collectively comprised 90% of market share. Medchal and Shamshabad accounted for 93% of the warehouse leasing volume. Industrial space leasing witnessed an uptick, reaching 0.16 MSF. Hyderabad witnessed 5-7% y-o-y rental growth. Land prices, across all sub-markets, saw 10-12% y-o-y increase. Rental rates for industrial spaces remained stable during H1 2024.
RELATED INSIGHTS
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Aditya Birla Fashion and Retail Limited Chennai
Adyar is a very prime & sought-after high street in Chennai and therefore a short-supply market. Aditya Birla Fashion and Retail Limited (ABFRL) was looking out for a property to set up their store in the area.
18/06/2021
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Cushman & Wakefield retail team successfully transacted 13,000 SF flagship store for Citroen. In addition to be their first showroom in Mumbai, it also is their largest in India.
Anoop Vasudeo • 16/06/2021