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1 Introduction
The micro-market of Madhapur, located in the north west of Hyderabad city, is known for IT/ITES infrastructural developments
with the presence of large IT parks and company campuses. Hitec City located in Madhapur is a well-known IT/ITES development
with the presence of large-scale office space developed by major developers such as Raheja Mind Space, Ascendas The V,
TSI Wave rock, ICICI Towers, Cyber Towers, Cyber Gate Way, DLF Cyber City, Satyam SEZ and CyberPearl. Some of the
prominent IT Parks in the micro-market include L&T Cyber towers, Hitec City II SEZ, The V, Raheja Mindspace SEZ, DLF IT SEZ,
Satyam Computers IT SEZ and aVance Business Hub. Various built-to-suit campuses can also be found in the micro-market
such as Infosys, Wipro, Micro Soft, Franklin Templeton, Cognizant and TCS. Nehru Outer Ring Road, a recent development
in the micro-market, provides easier accessibility between Madhapur, Gachibowli, Shamshabad and the international airport.
Madhapur and Gachibowli are also well connected with the other parts of the city through well-built roads and rail networks.
A metro rail system was also proposed in the micro-market which on completion, is expected to provide easy commuting to
Hitec City and Gachibowli from other parts of the city.
The micro-market also has several large-scale residential projects like My Home Navadweepa, Fortune Towers, NCC Urban,
Fresh Apartments, Sky Lounge and Aditya Sunshine amongst others.
Profile of The V
Overview
Date of Operations
Mariner (June 2000)
Auriga ( August 2002)
Orion (October 2004)
Capella (July 2005)
Vega (November 2007)
Configuration
Total Project Area
19.4 acres
Development Mix
Commercial office
Built Up Area
1,282,465 sq ft
Number of Floors
Mariner (4 floors)
Auriga (7 floors)
Orion (8 floors)
Capella (8 floors)
Vega (14 floors)
Location
Address
Plot no. 17, Survey no. 64/2, Software units layout, Madhapur, Hyderabad
Proximity to CBD
Approximately 10 km from CBD
Proximity to Airport
Approximately 35 km from international airport
Proximity to Railway Station
Approximately 3-4 km from HITEC City Railway Station
Number of Approach Roads
3 (from Durgam Cheruvu, from Gachibowli and from Cyber Towers)
Surrounding Areas
Kondapur, Gachibowli and Jubilee Hills
Availability of Public Transport
Buses and auto rickshaws
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T h e V : P r o p e r t y A n a l y s i s
