Real Estate Hour

Boom in Hyderabad’s commercial real estate, large institutional investors show interest

Emerging as a lucrative investment option, Hyderabad has been garnering a lot of attention of large institutional investors like Blackstone, Xander and Ascendas India Trust, who are looking forward to capitalize upon the increasing commercial market in the region.

As per the ANAROCK Property Consultants, the city has witnessed a major increase in investments last year, attracting more than $1.1 billion of private equity, a more than three-fold increase in investments compared to the collective previous three year period.

This growth spurt has been majorly largely led by commercial real estate with Xander investing $350 million in Phoenix Group. “The city also surpassed Bengaluru and Chennai, the other two major South Indian cities, in investment inflows,” said Shobhit Agarwal, CEO, ANAROCK Capital.

“Hyderabad is one of the easier places for institutional investors to conduct business. The city has seen a very sharp uptick in leasing in the last four years from 0.4 – 0.5 m sq ft to almost 0.8 m sq ft annually,” said Sanjeev Dasgupta, CEO, Ascendas India Trust. “Hyderabad is one of the important markets for Ascendas,” he added.

Reportedly, around $350 million were raised by Salarpuria Sattva from American private equity firm Blackstone Group between 2016 and 2018 for adding to its commercial portfolio. There was also a major increase in the total development area under the Blackstone-Salarpuria Sattva platform, reaching to 13 million sq ft in Hyderabad.

“Favourable government policy along with unlimited FAR and infrastructure is attracting investors to Hyderabad. We will see investment picking up further in the coming year,” said Bijay Agarwal, MD, Salarpuria Sattva Group.

Recent Posts

7 casualties confirmed in Jammu & Kashmir terror attack: 3rd attack in one Week

An armed militant on Sunday killed seven individuals working on a tunnel project in the…

2 weeks ago

Bahraich Violence Aftermath: 50 arrested and Internet shut down Continues

The recent violence in Bahraich has left the city grappling with a tense aftermath. In…

3 weeks ago

The Benefits of Using a ULIP Return Calculator for Financial Planning

Unit Linked Insurance Plans (ULIPs) are the most popular investment option that combines the benefits…

1 month ago

Tirupati Laddu News: Alleged Use of Animal Fat and Beef Stir Public Outcry

A recent lab report has stirred widespread controversy after claims that animal fats, including beef…

2 months ago

Atishi Marlena Singh: 8th Chief Minister of Delhi

In a historic shift in Delhi’s political landscape, Atishi Marlena has been appointed as the…

2 months ago

Manipur Violence Erupted Again: Internet Shut, Curfew Imposed

Manipur Violence broke out in Imphal on Tuesday when students marched toward Raj Bhawan, demanding…

2 months ago