While Bengaluru tops the charts, Hyderabad has been ranked number 7 and makes a surprise entry, scoring highly on long-run growth potential, although it scores less on other socio-economic factors and does not yet match Bengaluru as a source of talent. As per Colliers Research, about 56 million square feet (5.2 million sq m) of office space, Hyderabad is only about 40% of Bengaluru’s size. However, development is proceeding apace, with total stock set to increase by 33 million sq ft or 60% by 2021.
Browsing: Best office space in Hyderabad
Track2Realty rates this project as Grade A+. The project promises to be a trendsetter in Hyderabad that is expected to be the next growth driver of office space consumption in India. There are some more ambitious commercial projects coming up in the vicinity, but the developer Salarpuria Sattva will always have an edge with its first mover advantage in creating a futuristic project.
JP Morgan will take up 830,000 square feet across 16 floors within one building on the Knowledge City campus, making this deal the single largest real estate transaction in Hyderabad.