216 217
6 Competition Analysis - Madhapur (continued)
Some of the prominent commercial developments in Madhapur would include:
Building Name
Developer
Year of
Completion
Completed
Area
(sq ft)
Vacancy
4Q 2014
Quoted
Rentals
( /sq ft/month)
Main
Occupiers
Raheja Mindspace
(SEZ and Non SEZ)
K Raheja
Corporation
2005-2012 7,467,000
0%
50
IBM, Accenture,
Deloitte, Novartis,
Facebook, UHG,
CSC, HSBC,
Qualcomm,
JP Morgan
DivyaSree Orion SEZ DivyaSree
Developers
2010-2011 2,358,845
12%
48
IBM, Wells Fargo,
Invesco, NTT Data,
Kony, Mind Tree
DivyaSree Omega
DivyaSree
Developers
2009-2011 1,175,000
11%
48
Google,
Ivy Comptech,
Synopsis
Cyber Gate Way
L&T Infocity
2003
866,000
19%
55
(Fully Furnished)
BSNL, Andhra Bank,
L&T Construction,
Agility E Services
Cyber Tower
L&T Infocity
2000
510,000
35%
45
BSNL, Hyderabad
Metro Rail,
L&T ECC
I-labs
Peepul Capital
Advisors
2004
500,000
0%
45
E&Y, Kroll,
Intelli Group,
Harsco
Cyber Tech Park
Salarpuria
Sattva
2013
494,032
0%
45
Oracle
Krishh Sapphire
Sri Krishna
Developers
2011
450,000
7%
45
Global Data,
Future First, ITC,
Info Brain
E park
Vijay Textiles
2004
265,000
9%
65
(Fully Furnished)
Tata Consultancy
Services
Jayabheri
Silicon Towers
Jayabheri
Group
2005
250,000
0%
55
(Fully Furnished)
Google, Prolifics,
Quislex
Source: C&W Research
The total supply of commercial office space in Madhapur from January to December 2014 is 3.4 million sq ft which is 64%
of the total supply of commercial office space in Hyderabad. The upcoming planned Grade A supply of commercial office
space in Madhapur in the next 2-3 years is approximately 6.4 million sq ft which would be approximately 62% of the total
Grade A upcoming supply of Hyderabad in the next 2-3 years.
