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Overview
Bangalore Market
2
Business Districts
3
CBD: Central Business District
• MG Road
• Residency Road
• Richmond Road
• Cunningham Road
SBD: Secondary Business District
• Koramangala
• Indiranagar and CV Raman
Nagar
• Old Madras Road
• Airport Road
• Bannerghatta Road
• Outer Ring Road
• Hebbal/Bellary Road
• Mysore Road
PBD: Peripheral Business District
Whitefield
Electronic City
Bangalore International Airport
Growth Corridors
Sarjapur Road (Extension)
Bangalore Business Districts
4
Emerging Growth Corridor
Growth Horizon : 3 – 5 Years
Emerging Growth Corridor
Growth Horizon : 1 – 2 Years
Current Growth
Corridor
Upcoming
Location
OUTER RING ROAD : COMPETITIVE LOCATION • Current IT Corridor with concentration of IT Occupiers
• Preferred Destination owing to better connectivity and proximity to
employee catchments
• Major SEZ developments along the stretch
• ~3.5 M sq.ft of space taken off the market based on staggered
commitment in 2010
• Appreciation of 15 – 20% in rental values owing to dearth in ready to
occupy space in SEZ and STPI
WHITEFIELD : MOST ECONOMICAL DESTINATIONS• Relatively lower rentals, Abundant supply of quality office space
• Future Plan of Metro connectivity for Whitefield
• Self sustaining micro market with commercial, residential and retail
developments
SARJAPUR ROAD : UPCOMING LOCATION• Upcoming IT corridor – WIPRO & Infosys campus
• Land parcels acquired by major developers for upcoming projects
• Development of major residential projects
• Connectivity to Electronic City, Whitefield and North Bangalore through
Peripheral Ring Road
NORTH BANGALORE : FUTURE POTENTIAL• Proximity to international airport
• Features prominently in the Comprehensive Development Plan and the
Greater Bangalore Development Plan
• Exclusive IT space (over 10,000 acres) – Information Technology
Investment Region ( ITIR) planned in Devanahalli and Doddaballapur
Region.
• Currently, Limited Social Infrastructure
Growth Corridors
ELECTRONICS CITY : REVIVING MICRO MARKET� Low Rentals
� Abundant Supply of Ready to Occupy Space
� Renewed Interest owing to the enhanced Connectivity through Elevated
HighwayReviving Micro Market
5
Commercial Market Trends
6
4,000 – 6,0001 per 1,5005 – 7 70 – 90CBD
2,500 – 3,0001 per 1,0005 – 7 40 – 60SBD
2,000 – 2,500 1 per 7505 – 7 25 – 38PBD
Micro MarketCar Park
Allocation (Slot/Sq.ft)
Warm Shell Rent ( INR/ Sq.ft / Month)
Maintenance ( INR/ Sq.ft / Month)
Car Parking Charges
( INR/ Slot / Month)
Note: ITPB in Whitefield (PBD) is quoting maintenance charges as high as INR 7.40 per sq ft per month
Two Wheelers to be accommodated in Car Parking
SEZ : Special Economic Zone
STPI : Software Technology Parks of India
* Manyata Embassy Business Park SEZ (PBD) is quoting rentals as high as INR 53 per sq.ft. per month
**ITPB SEZ (PBD) is quoting rentals as high as INR 48 per sq.ft per month
2,500 – 3,0001 per 8005 – 740 – 53*SBD
2,000 – 2,500 1 per 8005 – 7 35 – 48**PBD
Micro Market
Car Park
Allocation
(Slot/Sq.ft)
Warm Shell Rent
( INR/ Sq.ft / Month)
Maintenance
( INR/ Sq.ft / Month)
Car Parking Charges
( INR/ Slot / Month)
STPI Rental Range
SEZ Rental Range
Rental Comparison : Grade A Office Space
77
Malleshwaram
Rajaji Nagar
Vijay NagarIndiranagar
Koramangala
BTM
Jayanagar
JP NagarBanashankari
Basavanagudi
Cox town
Benson Town
Domlur
HSR Layout
SadhashivNagar
RT Nagar
Key Residential
areas
PEENYA
INR 2,500 - 3,500
BELLARY ROAD
INR 4,000 -5,500
OUTER RING ROAD
(Hebbal to Marathalli)
INR 4,000 – 5,000
OLD MADRAS ROAD
INR 3,000 – 4,500
WHITEFIELD
INR 2,200 – 3,600
OUTER RING ROAD
(Marathalli to Sarjapur)
INR 4,500 – 6,500
SARJAPUR ROAD
INR 3,000 – 4,500ELECTRONIC CITY
INR 2,000 – 3,200
HOSUR ROAD
INR 2,000 – 3,500
BANNERGHATTA ROAD
INR 5,000 – 6,500
MYSORE ROAD
INR 2,500 – 4,000
Airport Road
SARJAPUR ROAD EXTN
INR 3,000 – 4,000
Land Capital Values
8
Market Outlook* : Strategic Window of Opportunity
• The period from 2Q 2010 to 3Q 2011 expected
to be a STRATEGIC WINDOW OF
OPPORTUNITY for buying and leasing office
space when rents and capital values in most
micro markets would be at their cyclical lows.
• Bangalore is ahead in property cycle in terms of
transactional volumes and should be amongst
the first to register rental growth in 2011.
• The traction for IT SEZ spaces is likely to remain
during 2011 as the deadline for notifying SEZ is
March 2012 and operating out of the premises is
March 2014
• 2011 is expected to witness a greater number of
expansion plans getting executed by
corporations riding on good business sentiments
Landlord MarketNeutralTenant Market
2012
Bangalore
2013201120102009Market
*Source : On Point
“DECLINE
SLOWING ”
“VALUE
RISING ”
“GROWTH
SLOWING ”“VALUE
DECLINING”
Bangalore
2Q 082Q 09
2Q 103Q 11F
STRATEGIC WINDOW OF
OPPORTUNITY
9
5.426.21 6.21 6.21
26.96
30.24 30.24
32.57
13.29
17.64
19.79
23.86
4.26 4.26 4.515.15
-
5
10
15
20
25
30
35
2009 2010 Q1,2011 2011F
Area in Million Sq.ft
CBD SBD Whitefield Electronic City
Stock and Supply Scenario
Note: Only Grade A buildings once they receive their Occupancy Certificates (OC) are included in the stock. The stock addition indicated above is our estimate from the market
and is likely to change in the event of the OC not being received by the expected timeline.
� No new supply in CBD and SBD in Q1, 2011
� Whitefield witnessed approx. 2 Million sq.ft of supply
� SBD and Whitefield : Enhanced supply by Q4, 2011.
CUMULATIVE STOCK
10
Vacancy and Absorption Levels
0%
5%
10%
15%
20%
25%
30%
35%
40%
2009 2010 Q1,2011 Q4,2011F
Vacancy
CBD SBD Whitefield Electronic City
� CBD and SBD Vacancy Levels decreased slightly owing to
absorption.
� High vacancy levels in Whitefield and Electronic City owing
to fresh supply.
� Vacancy level in Whitefield is expected to diminish by Q4,
2011 owing to spillover demand from Outer Ring Road
� Absorption levels in Whitefield are expected to increase since the
micro market has a strong supply of ready to occupy office space at
economic rentals.
� Absorption levels in Electronic city is expected to remain stable due to
competition from Whitefield
� Availability of large floor plates suitable for IT / ITES occupiers at
Whitefield
� Whitefield is in closer proximity to residential catchments and to
upcoming Metro project (1,000,000)
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
2009 2010 Q1,2011 Q4,2011F
Absorption in Sq.ft
CBD SBD Whitefield Electronic City
Absorption Levels
Vacancy Levels
11
Rental and Capital Values
-
10
20
30
40
50
60
70
80
90
2009 2010 Q1,2011 Q4,2011F
INR
/S
q.f
t/M
on
th
CBD SBD Whitefield Electronic City
� Gross rents and capital values across all the micro-markets increased in 1Q11.
� This trend is expected to continue in the near term, with rental and capital values appreciating more in the CBD and SBD micro-markets than in
other micro-markets as these areas continue to see growing demand and limited ready-to-occupy office space.
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
2009 2010 Q1,2011 Q4,2011F
INR
per
Sq.f
t
CBD SBD Whitefield Electronic City
Rental Values Capital Values
12
Lease – Payable by the Lessee, approximately 1.50 % of Average Annual Rent plus 1.50 % of
Security Deposit (For Lease term more than 1 year and less than 10 years)
Buy – Payable by the Buyer, approximately 7.72 % of Purchase cost
Stamp Duty / Registration Fee*
CBD – 1 car park slot for every 1,500 sq. ft..
SBD – 1 car park for every 1,000 sq.ft .
PBD – 1 car park for every 800 sq. ft. occupied.
Two wheelers to be accommodated in the allocated slots.
Car Park Ratio
Termination rights with Lessee with 3 – 9 months notice.Termination
To Affiliated / Sister Concerns / Third Party after approval of the LessorSub lease Rights
Lease – Two months rent; Buy – 2% of Purchase cost.Commission / Brokerage
3 years for Bare / Warm Shell.
5 years for ‘Plug and Play’ facility.
Lock in Period
Between 12% to 15% after three years or 5 to 7% per year as applicable (applicable on rent, related
deposit and maintenance charges).
Escalation
Initial term of 3/5 years with a renewal option of additional term of 3/4 years.Lease Term
Equivalent to 10 – 12 months gross rent.Security Deposit
*Subject to Government Regulations
Standard Transaction Practices
13
Infrastructure Initiatives
14
Metro Rail : Under Construction.
Phase 1 : Mysore Road to Byappanahalli and from Hesarghatta Cross to Puttenahalli. Ensuring Enhanced Connectivity across the City
Bangalore Mysore Infrastructure Corridor (Phase 1): Under
Construction*.
• 41 km of Peripheral road linking
NH-7 and NH-4
• 9.1 km Link Road linking City Centre to Peripheral Road
• 12 km Expressway from the Peripheral road upto Bidadi
Peripheral Ring Road
• Under Construction.
• 110-km peripheral ring road to
circumnavigate the city linking the major highways - TumkurRoad, Mysore Road, Old Madras Road, and the Hosur Road.
Proposed High Speed Rail link
Bangalore
International Airport
Note: Peripheral Ring Road and Mysore road alignments to be confirmed
Bidadi
*Source: www.nicelimited.com
Signal free south to north Outer Ring Road : Under Construction
.
. FlyoverUnderpass
Flyover and Underpass
Infrastructure Initiatives
15
Hesaraghatta Cross40
T Dasarahalli39
Jalahalli38
Peenya Industrial Area37
Peenya Village36
ORR Junction35
Yeshwanthpur34
Soap Factory33
Mahalaxmi Layout32
Rajajinagar31
Kuvempu Road30
Malleshwaram29
Swastik28
Mysore Road27
Deepanjalinagar26
METRO STATIONS - PHASE I
Vijayanagar25
Hosahalli24
Toll Gate23
Magadi Road22
City Railway Station21
Puttenahalli20
J P Nagar19
Banashankri18
R.V.Road17
Jayanagar16
South End Circle15
Lalbagh14
K R Road13
City Market12
Chikpet11
Central Bangalore: Majestic10
Central College9
Vidhana Soudha8
Cricket Stadium7
M G Road6
Trinity Circle5
Ulsoor4
CMH Road3
Old Madras Road2
Bayappanhalli1
Bangalore Metro Phase 1
YELAHANKA
ELECTRONIC CITY
WHITEFIELD
34
12
3456
7
3332
3029
28
31
21222324
25
2627
89
11
1314
15
16
17
10
35
3738
3940
18
19
20
12
36
Proposed Metro Phase 2 : Planning Stage
Under Consideration
Bangalore Metro
16
Project Features
� Implemented by Nandi Infrastructure Corridor Enterprise Limited [NICEL].
� Phase 1 construction of the project includes:
� 41 km of peripheral road linking NH-7 and NH-4
� 9.1 km Link road linking City Centre to Peripheral Road
� 12 km expressway from the Peripheral road upto Bidadi
� Initial 4 lane structure with provision for expansion to 6 lanes
Status
� Construction ongoing.
Major Impacts
� Substantial traffic is expected to get diverted to this facility due to alternate route available for trucks
bypassing Bangalore city
Project Features
� 110-km peripheral ring road to circumnavigate the city linking the major highways – Tumkur Road,
Mysore Road, Old Madras Road, and the Hosur Road
� 6-lane bi-directional divided carriageway location
� 14 to 22 km from city centre,
� 2.8 to 11.5 km radial distance from the existing Outer Ring Road
� Involves land acquisition of about 2,050 Acres and is Expected to Cost INR 550 Crores
Status
� Currently in alignment stage
Major Impacts
� Enhanced Connectivity
Peripheral Ring Road
Infrastructure Initiatives
Bangalore Mysore Infrastructure Corridor- Phase 1
17
Project Features
� Dedicated High-speed rail link between the city centre (BRV Grounds on M G Road) and the
Bengaluru International Airport (BIA) at Devanahalli
� 28-km Elevated rail track from BRV Grounds and pass through Police Thimmaiah Circle, Raj Bhavan
Road-Sankey Road, Windsor Manor junction, Mehkri Circle-Hebbal flyover. From the Hebbal flyover,
the track will be laid at the ground level along the NH 7.
Status
� 40 hectares of land to be acquired, Notification has been issued and bidding is under process.
� The project is scheduled for completion in 2012.
Major Impacts
� 25 minutes to reach BIAL with the facility of Check-In at the Center of the City (Cubbon Road) and at
Hebbal
Project Features
� To be developed in two phases covering a total area of 33 km across the city.
� First phase : Ttwo corridors of double lines –East –West corridor and North – South corridor.
� Two stages: An 18.1-km stretch - Mysore Road to Byappanahalli and Hesarghatta Cross to
Puttenahalli both via the Kempegowda bus terminus.
� 6.76 km. Stretch : Underground near City Railway Station, Vidhana Soudha, Majestic and City Market
� Rest of the tracks will be elevated.
Status
� The full network in Phase I is expected to be commissioned by December 2011.
� Phase 2 Connecting Yelahanka to Electronic City and Whitefield to Kanakpura Road under planning
stage
Major Impacts
� The East West corridor could lead to a pick up in the development activity in the Western region.
� Reduce the pressure of vehicular traffic to a large extent
� Reduction in Commuting Time
High Speed Rail Link to BIAL
Metro Rail
Infrastructure Initiatives
18
Project Features
� Airport commercial complex : Office space development of approx 8 Mn sq.ft supporting aeronautical
and non-aeronautical activities
� Retail component : Approx 0.75 Mn sq.ft within the terminal
� The Trident Hilton hotel to be located approx 600 meters from the airport terminal comprising of 321
rooms
Major Impacts
� The Airport City is expected to bring in commercial, retail and hospitality developments.
Project Features
� Seven new flyovers and an underpass has been planned by BDA from Central Silk Board to Hebbal
flyover along the 31 km stretch Outer Ring Road
� INR 350 Crores has been allocated for the project
� 14th Main HSR Layout, Bellandur, Devarabeesanahalli junction, Mahadevapura, Kadubeesanahalli,
Kalyan Nagar, Hennur flyover and underpass and Veeranapalya are the seven junctions that have
been identified for the new grade separators
� Dedicated bus lanes and grade level roads are also part of the project.
Status
� Scheduled to be completed in 2011
Major Impacts
� To enable Signal free commuting
� Quicker commuting time to Bangalore International Airport (from South Bangalore)
� Enhanced connectivity to localities along the stretch
Airport City
Infrastructure Initiatives
Signal Free South to North Outer Ring Road
19
Project Features
� A 4.3 km long flyover and six more flyovers.
� The 4.3 km flyover will be a four-lane drive while the remaining portion of the 19.5 km stretch will be a
six-lane one with additional two-lane service roads on either side.
Major Impacts
� Reduced travel time between Nelamangala and Goraguntepalya (Ring Road junction) - 15 minutes.
� Signal-free drive from the Outer Ring Road to Jass Toll Plaza (outside Nelamangala, on the highway).
� Signal-free drive from Bangalore to Tumkur
� Besides connecting two-thirds of Karnataka, the project will act as a gateway to western India.
Bangalore Nelamangala Expressway
Infrastructure Initiatives
20
Micro Market Overview
21
BRIEF OVERVIEW
• Centrally located, easily accessible from all locations
• Well connected by public transportation
• Close proximity to prominent hotels, malls, financial institutions
• The Metro Rail project to ease the traffic in CBD
• Existing stock in CBD predominantly comprises of old buildings and
limited new projects
MAJOR PROJECTS
Prestige Towers UB City Prestige Meridian
Raheja Towers Prestige ObliskThe Millennia
CBD : Primary and Established Micro Market
Lease Acquisition
127,403 sq.ft
Prestige Dynasty
Lease Acquisition
154,043 sq.ft
Cosmo Lavelle
Lease Renewal
122,838 sq.ft
Purva Premier
Recent Transactions
Transactions Concluded by JLL
Tenant Profile
IT / ITES Sector
Others
Lease Acquisition
50,000 sq.ft
JP Techno park
Lease Acquisition
116,162 sq.ft
Vaswani Centropolis
Lease Acquisition
29,800 sq.ft
Brigade South Parade
22
SBD: Bannerghatta Road, J P Nagar, Koramangala
BRIEF OVERVIEW
• Bannerghatta Road : One of the first locations in Bangalore to house
some of the biggest and most prominent Multi National corporations
• Koramangala : Spacious, well-executed offices which house some of
the multinational giants
• Massive concentration of residential projects
• Limited increase in supply in Bannerghatta Road and Koramangala
MAJOR PROJECTS
Lease Acquisition
6,500 sq.ft
SJR Balavana
Lease Acquisition
31,752 sq.ft
HM Vibha Towers
Transactions Concluded by JLL
Tenant Profile
IT / ITES Sector
Others
Lease Acquisition
30,500 sq.ft
Kalyani Magnum
Lease Acquisition
40,000 sq.ft
Grape Garden
Lease Acquisition
46,000 sq.ft
Subrmanya Arcade
Lease Acquisition
23,900 sq.ft
Subrmanya Arcade
SJR Primus Commerce @ Mantri
Prestige Blue ChipIBC Knowledge Park
Recent Transactions
Divyasree Towers
BANASHANKARI ,J P NAGAR, BANNERGHATTA ROAD AND KORAMANGALA
Brigade Software Park
Kalyani Magnum
23
SBD
BRIEF OVERVIEW
• Inner Ring Road : Close proximity to CBD and boasts of ~6 Mn sq.ft
of operational IT space
• C.V Raman Nagar : Predominantly residential area; Bagmane Tech
Park is the only major commercial project.
• Limited Supply of ready to occupy space along Inner Ring Road and
C.V. Raman Nagar
• Availability of Sublease and Second generation space.
• Old Madras Road : No major IT Parks/ IT SEZs (Other than RMZ
Infinity). Upcoming METRO terminal ( Byappanahalli) is in close
proximity
• DivyaSree Technopolis, off old airport road is a prominent project
which has seen recent leasing activity
MAJOR PROJECTS
Lease Acquisition
112,029 sq.ft
Embassy Golf Links
Lease Acquisition
110,456 sq.ft
DivyaSree Technopolis
Transactions Concluded by JLL
Tenant Profile
IT / ITES Sector
Others
Lease Acquisition
29,228 sq.ft
Maruthi Infotech Centre
Lease Acquisition
103,000 sq.ft
Golf View Homes
Lease Acquisition
63,000 sq.ft
DivyaSree Technopolis
Embassy GolflinksRMZ InfinityRMZ Titanium
Recent Transactions
INNER RING ROAD , OLD AIRPORT ROAD , C. V. RAMAN NAGAR, OLD MADRAS ROAD
Diamond District Bagmane Tech Park DivyaSree Technopolis
Lease Acquisition
300,000 sq.ft
DivyaSree Technopolis
24
SBD: Outer Ring Road
BRIEF OVERVIEW
• Dearth of ready to occupy space STPI and SEZ Grade A
development in Outer Ring Road, resulting in increased rental levels
• Strong future supply pipeline with approx. 2 Million sq.ft of office space
being planned in 2011 - 12 in multiple projects along the ORR
• Preferred location by IT/ ITES Companies
• Massive concentration of residential projects due to proximity to the IT
corridor
• Most real estate options have campus environment with availability of
common amenities
MAJOR PROJECTS
Lease Acquisition
424,310 sq.ft
Pritech
Lease Acquisition
40,835 sq.ft
RMZ Ecospace
Lease Acquisition
113,000 sq.ft
Bagmane WTC
Transactions Concluded by JLL
Tenant Profile
IT / ITES Sector
Others
Salarpuria Touchstone
RMZ EcospacePrestige Cessna
Salarpuria Hallmark
Vrindavan Tech Village
Bagmane WTC
Recent Transactions
Lease Acquisition
29,613 sq.ft
Vrindavan Tech Village
K R PURAM – MARATHAHALLI – SARJAPUR OUTER RING ROAD
Lease Acquisition
226,000 sq.ft
Pri Tech Park
Lease Acquisition
246,139 sq.ft
Vrindavan Tech Village
25
Tenant Profile
SBD: North Bangalore
BRIEF OVERVIEW
• Proximity to Devanahalli International Airport and an upcoming micro-
market
• Exclusive IT space (over 10,000 acres) – Information Technology
Investment Region (ITIR) planned in Devanahalli and Doddaballapur
Region
• Witnessing absorption of office space in some of the major projects
like Manyata Embassy Business Park, Embassy Kirloskar etc, as
tenants in these business parks have been expanding in the same
premises
• Limited Ready to Occupy space
MAJOR PROJECTS Recent Transactions
IT / ITES Sector
Others
Lease Acquisition
37,779 sq.ft
Manyata Embassy
Lease Acquisition
245,328 sq.ft
Manyata Embassy
Lease Acquisition
37,779 sq.ft
Manyata Embassy
Lease Acquisition
38,714 sq.ft
Embassy Kirloskar
Lease Acquisition
33,140 sq.ft
Manyata Embassy
Lease Acquisition
45,466 sq.ft
Manyata Embassy
HEBBAL - OUTER RING ROAD
26
• Preferred Destination for Clients looking at economic rentals
• Presence of Corporate campuses of some of the large multinational
companies
• Availability of large Grade A Commercial spaces
• Spill over demand from ORR* due to supply crunch in ORR*.
• High Vacancy levels – Grade A & Grade B
• Prominent builders have launched townships in the region that would
provide the much needed social infrastructure support
* ORR – Outer Ring Road
Prestige Shantiniketan Kalyani Platina
Brigade Metropolis
ITPL
RMZ NXT Divyasree Techno Park
PBD: Whitefield
BRIEF OVERVIEW
MAJOR PROJECTS
Tenant Profile
Recent Transactions
Others
IT / ITES Sector
Lease Acquisition
93,480 sq.ft
SJR I Park
Lease Acquisition
37,500 sq.ft
Kalyani Platina
Lease Acquisition
39,000 sq.ft
Kalyani Platina
Lease Acquisition
26,565 sq.ft
Embassy Paragon
Lease Acquisition
27,000 sq.ft
Xylem
Purchase
680,000 sq.ft
G V R IT Park
27
Tenant Profile
Recent Transactions
Velankani Park Surya Wave
SemiCon Park
Salarpuria Infozone
Ozone Manay L & T Tech Park
PBD: Electronic City
BRIEF OVERVIEW
MAJOR PROJECTS
• Established corridor with a large cluster of campus development
• Major IT/ITES hub of Bangalore
• Primarily comprises of campuses of domestic IT companies
• Characterized by stable rentals and high vacancy rate
• Recent development of the Elevated Highway has provided for
improved accessibility leading to revival of the location
Others
IT / ITES Sector
Lease Acquisition
160,000 sq.ft
L & T Cyber Park
Lease Acquisition
19,979 sq.ft
E – City Software Park
Lease Acquisition
90,000 sq.ft
Prestige Alecto
Lease Renewal
107,746 sq.ft
Velankani Tech Park
Lease Acquisition
90,000 sq.ft
SVR Fortune
Lease Acquisition
71,000 sq.ft
Prateek Tech Park
28
City Overview
29
*Source: Market Skyline of India,2006-07
IBEF
● Largest urban metropolis in Karnataka
● Population : 95,88,910
● Gross State Domestic Product (GSDP) : USD 59.1 Billion in 2008 – 09
● Software Exports *: USD 16.0 Billion ( 2009 – 10)
● BPO Exports* : USD 3.2 Billion
● Strong academic and R&D base
● Higher Educational Institutions (State) : 1,528
● Well drafted Sector Specific Industrial Policy ( 2009 – 2014 )
● Key Industries : IT / ITES, Telecom and Electronics, Engineering,
BioTech, Automotive, Textiles and Apparel
City Overview
● Highly Evolved Real Estate Market
● Developing Infrastructure
● Well Developed Virtual Connectivity
● “Leader” in Information Technology
● Set to be the Prime Mover by providing a platform for global Nano- technology community
● Emerging as one of the best places to do business in the world, joining the league of cities like London, Shanghai and Singapore ; named in the
‘Best places to do business in the wired world’ list*
30
Hotels
� Presence of numerous luxury hotels and serviced
apartments (90+ Hotels and over 3,500 rooms)
� Major Hotels under various stages of construction includes
J.W Marriot, Radisson , Ritz - Carlton etc.
Malls
� Quality recreational Facilities : Numerous Multiplexes, Shopping
malls and pubs
� Presence of all major global brands, Presence of World leaders
in Retail Consumer Segment
� Cost of living - Bangalore is ranked at 118th in the world; lower
than Mumbai, Delhi and Chennai
� Currently have an existing retail mall space of 4 Mn sq.ft spread
over 20 major malls
22411775Number
Budget
Hotels
3 Star
Hotels
4 Star
Hotels
5 Star
Hotels
5 Star
Deluxe
Hotels
Bangalore
Malls
Hotels
Social Infrastructure
31
Hospitals
� Well equipped with super specialty and specialty
hospitals
� World Class Health Care Centers
� Apollo Hospital , Wockhardt Hospital, Columbia Asia
Hospital,, Manipal Hospital, Mallya Hospital, HOSMAT,
Sagar Apollo Hospital, NIMHANS (National Institute of
Mental Health and Neuro Sciences)
Education
� Over 209 Schools offering Senior Secondary Education in
Bangalore
� Over 26 Engineering Colleges,27 Medical & Dental Colleges,
13 Law Colleges and numerous Graduate Colleges
� Large numbers of institutions of international repute for
providing technical and professional education : Indian Institute
of Science (IISc) ,Indian Institute of Astrophysics (IIA), Indian
Institute of Management Bangalore (IIMB), Centre for Liquid
Crystal Research, National Aerospace Laboratories, Institute
of Technology (BIT), Indian Space Research Organization
(ISRO), National Law School of India University.
Educational Institutions
Hospitals
Social Infrastructure
Disclaimer: Although all information furnished
regarding property for sale, rental or financing is
from sources deemed reliable, such information has
not been verified and no express representations made
nor is any to be implied to the accuracy thereof, and it
is submitted subject to errors, omissions, change of
price, rental or other conditions prior sale, lease or
financing, or withdrawal notice. Jones Lang LaSalle,
its officers, employees, subcontractors and agents
shall not be liable (to the extent permitted by law) for
any loss, liability or damage arising directly or
indirectly from any use or disclosure of or reliance on
such information, including, without limitation, any
reliance on lease summaries or reports without
reference to the relevant lease or without seeking
legal or other advice as appropriate before
committing to any agreement.
Copyright © Jones Lang LaSalle IP, Inc. 2008
Data Source : Research, Jones Lang LaSalle