ASCENDAS india trust ANNUAL REPORT 2014/15
4 Development Performance
ITPB was conceptualised as a ‘plug-and-play’ concept and is equipped with such features to provide a complete lifestyle
environment with value-added amenities. Some of these features include:
• Dedicated captive power plant of 20.0 MW, Wi-Fi/broadband connectivity.
• Large floor plates for efficient space usage and layout, central air-conditioning.
• State-of-the-art fire and security systems centrally controlled and monitored building management systems.
• Lush landscaping with fountains enhancing aesthetic appeal of the property.
• In addition, round-the-clock in-house maintenance teams and qualified project management teams are available to
oversee all requirements such as general maintenance and fit-out requirements of the tenants.
• Dedicated retail area with food courts and five-star hotel.
5 SWOT Analysis
Strengths
• Established brand with International quality Grade A development.
• Located within the IT corridor of the city with good connectivity and enjoys good frontage on
the access road.
• Captive power plant and high tension 220 KV BESCOM backup power line makes it a state of
art facility with no power cuts round the year.
• The integrated development (retail/SEZ/Non-SEZ/hospitality) adds value to the property.
Weaknesses
• Traffic congestion during peak hours.
Opportunities
• Preferred location for clients requiring higher warm shell specifications.
• With development of retail, residential and hotel projects on Whitefield Road, the micro-market
is self-sufficient in nature and a preferred residential location for both end users and investors
alike.
Threats
• Upcoming supply in the micro-market.
6 Outlook
Whitefield is a self-sufficient suburb of the city. Further, with the ongoing infrastructure initiatives like the metro rail line
and the peripheral ring road, the connectivity of the micro-market is expected to improve over the next few years. Rentals
are expected to remain stable over the next 3-4 years owing to current vacant stock and potential upcoming supply which
would be able to cater to the demand of commercial office space in the subject micro-market. However, due to the facilities
provided by ITPB and the extended warm shell option, the property is expected to continue commanding a rental premium
in the future.
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I T P B : P r o p e r t y A n a l y s i s
