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Commercial Development at Moula Ali Flyover Site Project Report Feedback Infra Private Limited Realty & Social Infrastructure Division May 2015

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Page 1: Commercial Development at Moula Ali Flyover Site › works › uploads › File › Maula Ali Lan… · Commercial Development at Moula Ali Flyover Site Project Report Feedback Infra

Feedback Infra Private Limited - Realty and Social Infrastructure 1

Commercial Development at Moula Ali Flyover Site

Project Report

Feedback Infra Private Limited Realty & Social Infrastructure Division

May 2015

Page 2: Commercial Development at Moula Ali Flyover Site › works › uploads › File › Maula Ali Lan… · Commercial Development at Moula Ali Flyover Site Project Report Feedback Infra

Project Report - Commercial Development of Railway Land near Moula Ali Flyover, Hyderabad

Feedback Infra Private Limited - Realty and Social Infrastructure 13

1 Executive Summary

1.1 Introduction

Rail Land Development Authority (RLDA) is a statutory Authority, under the Ministry of Railways, set-

up by an Amendment to the Railways Act, 1989, for development of vacant Railway Lands for

commercial use for the purpose of generating revenue by non-tariff measures.

Feedback Infra (P) Limited (Feedback) has been commissioned to undertake the consultancy study

for commercial utilization of a land parcel measuring ~8.99 hectares, located near Moula Ali flyover,

Hyderabad.

This report undertakes a detailed study of the Hyderabad’s micro market system along with the

recommended concept, configuration, financial analysis, valuation and transaction strategy.

1.2 Hyderabad Region – Overview

Hyderabad, the capital of newly formed Telangana state, has a population of ~6.8 mn and has grown

rapidly in the last decade. The realty market of Hyderabad, which has been in a near-stagnant phase

due to economic conditions and political uncertainty, is expected to grow gradually going forward.

The city is the largest contributor of GDP in the state with USD 82 bn in 2013.

Multiple development drivers and initiatives by the state government have made Hyderabad a prime

destination for off-shoring services. Developments like Hyderabad Metro, IT Investment Region,

Animation & Gaming Industrial Park and Electronic Hardware Manufacturing clusters of e-City and

Mesharam are contributing towards brisk growth of the city.

1.3 Site Appreciation

1.3.1 Location & Connectivity Analysis

The site is located in north-eastern part of the city on the 60 ft main road (planned for expansion up

to 100 ft as per Master Plan 2031) approaching from Tarnaka to Moula Ali Shrine. Moula Ali Railway

Station is located around 1 km away from the site. The site is ~8 km from the Secunderabad CBD (SP

road, SD road, RP road etc.) and ~15 km from the Hyderabad CBD (Somajiguda, Banjara Hills, Jubilee

Hills). The new international airport is located 38 km away from the site with travel time of ~80-90

minutes. The site is also in close proximity with the proposed Tarnaka Metro station on Blue line of

Hyderabad Metro, which is located at a distance of 5 km.

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Project Report - Commercial Development of Railway Land near Moula Ali Flyover, Hyderabad

Feedback Infra Private Limited - Realty and Social Infrastructure 14

Location & Connectivity of Site

Site Connectivity

Outer Ring Road

NH 9

NH 9

NH 7

NH 7SH 1

SH 5

SiteMaula Ali

Flyover

Road from Tarnakato Lalpet

ORR

RGI Airport

SecunderabadRailway St.

Hyderabad Railway St.

TaranakaMetro St.

Maula Ali Flyover

Towards Lalpet

Project Site20 m

7 m

12m

6 m

Towards Tarnaka

3 m unpaved pathway

Proposed 4m road

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Project Report - Commercial Development of Railway Land near Moula Ali Flyover, Hyderabad

Feedback Infra Private Limited - Realty and Social Infrastructure 91

11 Annexures

11.1 Site Pics

(L) Vegetation on Site; (R) Approach road

(L) Wild trees on the periphery of site; (R) Maula Ali Flyover

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Project Report - Commercial Development of Railway Land near Moula Ali Flyover, Hyderabad

Feedback Infra Private Limited - Realty and Social Infrastructure 92

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Project Report - Commercial Development of Railway Land near Moula Ali Flyover, Hyderabad

Feedback Infra Private Limited - Realty and Social Infrastructure 93

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Project Report - Commercial Development of Railway Land near Moula Ali Flyover, Hyderabad

Feedback Infra Private Limited - Realty and Social Infrastructure 104

For more information please contact Mr. Abhilesh Babel I +91 9650024555 I [email protected]

Feedback Infra Pvt. Ltd.

15th Floor, Tower 9B, DLF Cyber City, Phase III, Gurgaon – 122002, India

Tel: +91 124 416 9100 I Fax: +91 124 462 9255

Website: www.feedbackinfra.com

Advisory and Transactions I Design, Planning and Engineering I Project Management I Operations and Maintenance