Ascendas India Trust - Annual Report 2015 - page 228

ASCENDAS india trust ANNUAL REPORT 2014/15
2 Location & Accessibility
The property is located in HITEC (Hyderabad Information Technology Engineering Consultancy) city, Madhapur, Hyderabad.
It is located approximately 500 meters from Cyber Towers and is adjacent to the Dell campus and The Bamboos residential
development. The surrounding real estate developments are IT parks like Cyber Gateway, Meenakshi Tech Park, Valuelabs,
HSBC, CyberPearl, and campuses of Oracle and Mahindra Satyam.
The subject property is well connected to major locations in the city via road networks. The distance of the subject site from
major locations is as follows:
• Approximately 3-4 km from the Outer Ring Road at Gachibowli
• Approximately 33-35 km from the international airport through ORR (Outer Ring Road)
• Approximately 9-10 km from Banjara Hills and Jubilee Hills (CBD)
Location map
3 Tenant Mix
The tenants in the subject buildings (H08 and H01A) are major IT/ITES firms/companies. Major tenants in these two buildings
are Valuelabs, Cognizant Technology Solutions, HCL, Igate and Value Momentum. In view of the profile of the said companies,
the tenant profile of the two buildings is good.
4 Development Performance
The SEZ development of 427,651 sq ft in these buildings (H08 and H01A) is completely occupied which indicates good
commercial performance. Apart from the office spaces, these buildings also have cafeterias, gyms, auditorium, recreation
areas, 100% power back-up and high efficiency offices which provide a unique experience.
Madhapur
Avance Business Hub
Outer Ring Road
J
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