Hyderabad World's Cheapest Office Market

[SupremeIndian]

 

 

Hyderabad has become the world's most affordable office locations due to rupee depreciation and fall in rentals amid political instability over Telangana, according to global realty consultant DTZ.

Four other Indian cities – Chennai, Pune, Bangalore and Kolkata –figure in the DTZ's list of top 10 least expensive office space market in the world. "Devaluation of the Indian rupee in combination with declining rents led to Hyderabad overtaking Surabaya (Indonesia) as the least expensive market in 2013," DTZ said in a report.

The consultant has released the 17th edition of the Global Occupancy Costs – Offices, which presents outlook and analysis of the costs of occupying prime office space across 138 markets worldwide.

Chennai retains its position as the world’s third least expensive office space market. Pune and Bangalore occupy fourth and fifth position respectively. "At occupancy costs below $3,000 per workstation per year in 2013, our list of the ten least expensive markets consists solely of tier II markets in India and China," DTZ said.

The total cost of occupancy in Hyderabad stood at $1,250 per workstation per annum. When contacted, DTZ India Research Head Rohit Kumar said: "Hyderabad has been stricken by political instability and hence it has suffered lack of office demand leading to drop in rentals".

Office rentals have declined in Hyderabad to Rs 45 per sq ft per month in 2013 from Rs 58 per sq ft a month in 2012, he added. "Indian tier II markets will continue to offer occupiers the world’s most affordable office space," DTZ said.

Total occupancy cost is defined as the average cost of leasing prime net usable space. Occupancy costs include rents and outgoings, which refer to costs charged by the landlord in a multi-tenant building like service charge and property tax.

The report listed London West End and Hong Kong as the most expensive occupier markets in our global list, with occupancy costs exceeding USD 20,000 per annum on a workstation basis.

 

calling matrix 

[cherlapallifailure]

cheap vuntene kada andaru vachi invest chestaru.... infrastructure already vundi kada

[SupremeIndian]

cheap vuntene kada andaru vachi invest chestaru.... infrastructure already vundi kada

why would they invest when there is no demand 

[cherlapallifailure]

why would they invest when there is no demand 

they need a hub for operations.... marketplace might be anywhere in the world... any business wants to reduce operational cost however their demand is.... hyderabad is not going down.... it will be an example of maharatra and gujarat.... mumbai (hyd) only saving grace while gujarat develops its entire region (SA)

[SupremeIndian]

they need a hub for operations.... marketplace might be anywhere in the world... any business wants to reduce operational cost however their demand is.... hyderabad is not going down.... it will be an example of maharatra and gujarat.... mumbai (hyd) only saving grace while gujarat develops its entire region (SA)

we cant compare maharashtra with telangana man and SA is far behind Guj at the moment.

[cherlapallifailure]

we cant compare maharashtra with telangana man and SA is far behind Guj at the moment.

maynot be now but they will be such

[amalapuramSA]

thanks for the post, actually aa post positive gaa undi HYD gurichi ,

 

political instability ippudu poyindhi kabatti, inka HYD will be rocking going forward man.

[SupremeIndian]

thanks for the post, actually aa post positive gaa undi HYD gurichi ,

 

political instability ippudu poyindhi kabatti, inka HYD will be rocking going forward man.

 

meeru chala positive person uncle 

[amalapuramSA]

meeru chala positive person uncle 

 

 

HYD gurinchi nuvvu poisitive thread yesi , negative thread ani anukuntunnav gaa vuncle 

[puli_keka]

nice... cheap aithe more people will come and invest..Hyd got all the stuff...

 

and also good opportunity for SA as there is less/no taxes for few years

[SupremeIndian]

HYD gurinchi nuvvu poisitive thread yesi , negative thread ani anukuntunnav gaa vuncle 

 

adhi mee perception meeda depend avuthindhi 

[Silent_Boy]

telugulo:

[amalapuramSA]

nice... cheap aithe more people will come and invest..Hyd got all the stuff...

 

and also good opportunity for SA as there is less/no taxes for few years

 

 

ee TS, edhi HYD meedha negative thread ani anukuntunnadu 

[amalapuramSA]

_-_  _-_

[Rebel890]

SA vallu invest chayyadaniki baaguntadhaa...invest chaesinavaadu ..owner..vaadu pethatham choopisthadu mari..mee ideology prakaram invest chesi..TG govt ki company appachappalnaa