Learn more by clicking our most recent Hyderabad MarketBeat reports on the various sectors below.
Hyderabad MarketBeat Reports
21/10/2024
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 10,348 residential launches in Q3-24, a 1% q-o-q rise. The west region dominated with 51% share followed by north-west with 36% share and the north, comprising 10% of unit launches. The share of high-end properties increased to 57% in Q3 from 41% in Q2. 3 BHK homes emerged as most favored, accounting for 66% of new launches in Q3. The mid-segment also grew from 20% in Q2-24 to 42% in Q3-24. The average city-wide rentals rose by 4-5% while average capital values rose by up to 3%.
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.
India Capital Market Report
Q2 2024 witnessed massive investment inflows amounting to INR 231.5 Bn (USD 2.77 Bn), marking a 1.5x q-o-q growth. The Logistics & Industrial (L&I) segment led with 56% share.
RELATED INSIGHTS
Article
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
Article
Tata Cromā, a leading consumer electronics and durable retail chain in India, wanted to open a new store in Guntur.
17/06/2021
Article
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