rediff.com
News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Rediff.com  » Business » Top business districts to invest in India
This article was first published 10 years ago

Top business districts to invest in India

Last updated on: May 23, 2013 12:36 IST

Image: Gaurav Sharma, a martial arts trainer, climbs the 45 storey 'Shreepati Arcade' in Mumbai.
Photographs: Arko Datta/Reuters
While Mumbai continues to be the investment hotspot for the banking and financial sector, Bengaluru still remains most preferred for IT/ITeS, says a Knight Frank report.

Interestingly, new business districts are booming in these cities attracting more companies.

Mumbai will continue to be the centre of BFSI activity as far as fresh investments for new offices, expansion and relocation, followed by Bengaluru and National Capital Region (NCR).

Knight Frank has ranked top business districts on the basis of investor returns for the period of 2013-17.

Take a look at the best cities to invest in India...


Top business districts to invest in India

Image: An aerial view of Mumbai.
Photographs: Adeel Halim/Reuters

Mumbai

District: Central Mumbai 

(Parel, Lower Parel, Dadar, Prabhadevi)

Mumbai's central Mumbai business district will yield the best investment return in the country at 19 per cent per annum, says Knight Frank.

Rental Growth 2012-2017: 47%

Capital Value Growth 2012- 2017: 63%

Investor Return per Annum: 19%

...

Top business districts to invest in India

Image: Mumbai Skyline.
Photographs: Punit Paranjpe/Reuters

Mumbai

District: SBD West
(Andheri, Malad, Jogeshwari, Goregoan)

Rental Growth 2012- 2017
: 28%

Capital Value Growth 2012- 2017
: 42%

Investor Return per Annum:
15%

...


Top business districts to invest in India

Image: Microsoft campus in Hyderabad.
Photographs: Reuters

Hyderabad

The office space market in Hyderabad today is dominated by the IT/ITeS sector which occupies almost 75 per cent of the stock while the manufacturing and BFSI sectors occupy 9 per cent and 6 per cent respectively, finds the Knight Frank study.

District: SBD
(HITEC City, Kondapur, Madhapur, Manikonda, Kukatpally)

Rental Growth 2012- 2017: 23%

Capital Value Growth 2012- 2017
: 36%

Investor Return per Annum:
14%

...

Top business districts to invest in India

Image: A man walks in front of the under-construction One BKC commercial complex, being built by The Wadhwa Group, in the Bandra-Kurla Complex in Mumbai.
Photographs: Vivek Prakash/Reuters


Mumbai

District: BKC and Off BKC
(BKC, Bandra (East), Kalina, Kalanagar)


Rental Growth 2012- 2017
: 25%

Capital Value Growth 2012- 2017: 37%

Investor Return per Annum: 14%

...


Top business districts to invest in India

Image: Infosys Pune Food Court.
Photographs: Vikasapte/Wikimedia Commons

Pune

Currently, the IT/ITeS and manufacturing sectors account for 75 per cent and 12 per cent of the total occupied office space respectively.

District: SBD East
(Kalyani Nagar, Airport Road, Yerwada, Nagar Road, Vishrantwadi)


Rental Growth 2012- 2017
: 25%

Capital Value Growth 2012- 2017
: 38%

Investor Return per Annum: 14%

...

Top business districts to invest in India

Image: Chennai.
Photographs: Indianhilbilly/Wikimedia Commons

Chennai

Currently, IT/ITeS, manufacturing and BFSI sectors are the major occupying industries in Chennai and account for 56 per cent, 20 per cent and 10 per cent of the total occupied office space respectively.

District: CBD and Off CBD
(Anna Salai, RK Salai, Nungambakkam, Greams Road, Egmore, T Nagar)


Rental Growth 2012- 2017: 20%

Capital Value Growth 2012- 2017
: 34%

Investor Return per Annum: 13%

...

Top business districts to invest in India

Image: Phoenix Market City Mall in Kurla, Mumbai.
Photographs: Trinidade/Wikimedia Commons

Mumbai

District: SBD Central

(Kurla, Ghatkopar, Vikhroli, Kanjurmarg, Powai, Bhandup, Chembur )

Rental Growth 2012- 2017: 22%

Capital Value Growth 2012- 2017: 35%

Investor Return per Annum:  13%

...

Top business districts to invest in India

Image: Workers move an ice-cream cart from the Marina beach in Chennai.
Photographs: Babu/Reuters

Chennai  

District: SBD OMR
(Perungudi, Taramani)

Rental Growth 2012- 2017: 19%

Capital Value Growth 2012- 2017: 33%

Investor Return per Annum: 13%

...

Top business districts to invest in India

Image: Labourers are silhouetted against the setting sun as they work at the construction site of a residential building in Hyderabad.
Photographs: Krishnendu Halder/Reuters

Hyderabad

District: PBD West
(Gachibowli, Kokapet, Madinaguda, Nanakramguda, Serilingampally)

Rental Growth 2012- 2017: 18%

Capital Value Growth 2012- 2017: 31%

Investor Return per Annum: 13%

...

Top business districts to invest in India

Image: Workers stand at the construction site of a flyover bridge in Chennai.
Photographs: Babu/Reuters

Chennai

District: SBD
(Mt. Poonamallee Road, Porur, Guindy, Nandanam)


Rental Growth 2012- 2017: 19%

Capital Value Growth 2012- 2017
: 32%

Investor Return per Annum: 13%

...

Top business districts to invest in India

Image: Infosys campus at Pune.
Photographs: Courtesy, Infosys

Pune

District: PBD West
(Hinjewadi, Bavdhan, Wakad, Balewadi)

Rental Growth 2012- 2017: 19%

Capital Value Growth 2012- 2017
: 32%

Investor Return per Annum: 12%

...

Top business districts to invest in India

Image: UB City, Bangalore.
Photographs: Jasvipul Chawla/Wikimedia Commons

Bengaluru

Currently, the sector accounts for 57 per cent of the total office space in Bengaluru, followed by the BFSI and manufacturing sectors at 18 per cent and 15 per cent respectively.

District: ORR
(KR Puram ORR, Marathalli ORR)

Rental Growth 2012- 2017: 17%

Capital Value Growth 2012- 2017
: 30%

Investor Return per Annum: 12%

...

Top business districts to invest in India

Image: Hyundai cars ready for shipment at a port in Chennai.
Photographs: Babu/Reuters

Chennai

District: PBD, OMR, GST
(OMR beyond Perungudi Toll Plaza, GST Road)

Rental Growth 2012- 2017: 16%

Capital Value Growth 2012- 2017
: 29%

Investor Return per Annum: 12%

...

Top business districts to invest in India

Image: Aerial View of Pune.
Photographs: Subhashish Panigrahi/Wikimedia Commons

Pune

District: PBD East
(Hadapasar, Kharadi, Phursungi, Wanowrie)

Rental Growth 2012- 2017: 17%

Capital Value Growth 2012- 2017: 30%

Investor Return per Annum: 12%

...

Top business districts to invest in India

Image: Infosys' pyramid-shaped building in Bangalore.
Photographs: Courtesy, Infosys

Bengaluru

District: SBD
(Indiranagar, Koramangala, Airport Road, Old Madras Road)


Rental Growth 2012- 2017
: 15%

Capital Value Growth 2012- 2017
: 27%

Investor Return per Annum: 12%

...

Top business districts to invest in India

Image: Commuters ride inside a carriage of a Namma Metro train as it travels along an elevated track in the Indira Nagar area of Bangalore.
Photographs: Vivek Prakash/Reuters
Bengaluru

District: CBD and off CBD
(MG Road, Residency Road, Richmond Road, Lavelle Road, Infantry Road, Cunningham Road)


Rental Growth 2012- 2017
: 13%

Capital Value Growth 2012- 2017
: 26%

Investor Return per Annum: 12%

...

Top business districts to invest in India

Image: IBM Bangalore.
Photographs: Vinoo202/Wikimedia Commons
Bengaluru

District: PBD East
(KR Puram, Whitefield, Brookefield, Hoodi)

Rental Growth 2012- 2017: 16%

Capital Value Growth 2012- 2017
: 29%

Investor Return per Annum: 12%

...

Top business districts to invest in India

Image: A driver waits for customers in his Premier Padmini taxi on Marine Drive in Mumbai.
Photographs: Vivek Prakash/Reuters

Mumbai

District: CBD and off CBD
(Nariman Point, Cuffe Parade, Ballard Estate, Fort, Mahalaxmi, Worli)

Rental Growth 2012- 2017: 16%

Capital Value Growth 2012- 2017
: 29%

Investor Return per Annum:12%

...

Top business districts to invest in India

Image: Labourers work on a billboard in Mumbai.
Photographs: Arko Datta/Reuters

Mumbai

District: PBD
(Thane, Airoli, Vashi, Ghansoli, Rabale, Belapur)

Rental Growth 2012- 2017: 16%

Capital Value Growth 2012- 2017
: 29%

Investor Return per Annum: 12%

...


Top business districts to invest in India

Image: Vehicular traffic moves on a street in New Delhi.
Photographs: Kamal Kishore/Reuters

National Capital Region (NCR)

The National Capital Region (Delhi, Gurgaon, Noida and Greater Noida) is one of the prime office destinations in the country.

One of the most attractive office destinations in the country, NCR is known for availability of talent pool and developed infrastructure.

District: PBD Gurgoan Zone A

Rental Growth 2012- 2017: 25%

Capital Value Growth 2012- 2017: 44%

Investor Return per Annum: 11%