CBRE Mkt Research Rpt - Shell - North - 120913

258
PREPARED FOR MARKET RESEARCH SERVICES Focus on North Bangalore September 2013

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Transcript of CBRE Mkt Research Rpt - Shell - North - 120913

Page 1: CBRE Mkt Research Rpt - Shell - North - 120913

PREPARED FOR

MARKET RESEARCH SERVICES

Focus on North Bangalore

September 2013

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This document has been prepared for Shell India Markets Pvt Ltd and the information on which

it has been based has been derived from sources that we believe to be reliable. Whilst all

reasonable care has been taken to ensure the facts stated are accurate and the opinions given

are fair and reasonable, neither CBRE, nor any director or employee of CBRE shall in any way

be responsible for the contents

All opinions and estimates included in this report constitute our judgment as of June 2013.

They are subject to change without notice and transactions should not be entered into in

reliance upon the information, opinions and estimates set out herein. CBRE specifically excludes

any responsibility or liability whatsoever in connection with any purchases, disputes,

developments or loss of profits arising from reliance on this report

DISCLAIMER

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ABBREVIATIONS

ADUs Apartment Dwelling Units

BMRCL Bangalore Metro Rail Corporation Ltd

CBD Central Business District

CBSE Central Board of Secondary Education

CR Crore

CTS Cognizant Technology Solutions

IB International Baccalaureate

ICSE Indian Certificate of Secondary Education

IDU Independent Dwelling Units

IFCI Industrial Finance Corporation of India

IGSCE International General Certificate of

Secondary Education

INR Indian Rupee

BARL Bangalore Airport Rail Link

IT/BT Information Technology/ Bio Technology

ITeS Information Technology Enabled Services

KIADB Karnataka Industrial Area Development Board

Km Kilometer

Mn Millions

NHAI National Highway Authority of India

ORR Outer Ring Road

RITES Rail India Technical and Economic Services

Sft Square feet

TCS TATA Consultancy Services

UC Under Construction

IT SEZ Information Technology Special Economic Zone

VDUs Villa Dwelling Units

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PROJECT BACKGROUND

Study Objectives

Presentation Structure

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We understand that Shell India is in the process of developing their Global Technology Center

in KIADB promoted Hardware Park in North Bangalore (in proximity to the Bangalore

International Airport)

• The center will be a captive global research and development center. Their existing employees and

operations from Whitefield and Bommasandra will be relocated to the new facility

In this context, the Consulting division of CBRE South Asia has been engaged to undertake a

market research exercise in North Bangalore to provide an update to the Shell employees. The

activity has been undertaken in two stages (as detailed in the following slide)

Based on preliminary discussions with the Client, the focus area of this study would be approx.

10 – 15 km radius around the upcoming facility

Objectives of the study

PROJECT BACKGROUND

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As part of this engagement, CBRE will endeavor to assess and provide an understanding on the

following aspects to the Shell employees

Stage 1: Market Research Services

• Brief overview on physical & social infrastructure

• Brief overview on commercial, retail & hospitality developments

• Detailed overview on residential developments (for purchase / leasing intent)

• Benchmarks of prominent residential developments in North Bangalore

Stage 2: Assessment of housing purchase options available to Shell employees

• Opinion on forming a Housing Society ~ Options available for employees to come together and

purchase housing options, cooperative housing society (merits and de-merits)

• Assessment of land options for forming a cooperative housing society

• Best Practices – purchase of residential housing

Objectives of the study

PROJECT BACKGROUND

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PROJECT BACKGROUND

Section Slide Nos.

Stage 1 – Market research services

Site Overview, Location Context & Access Routes 8 – 18

North Bangalore Overview 17 – 26

Physical Infrastructure Overview 19 – 77

Social Infrastructure Overview 78 – 110

Overview of Commercial, Retail, Hospitality Developments 111 – 137

Overview of Residential Developments 138 – 189

Conclusion 190 – 198

Annexure to Stage 1

Case studies of Prominent Residential Developments in the Focus zone 200 – 238

Stage 2 – Assessment of housing purchase options available to Shell employees

Opinion on forming a Housing Society 241 – 247

Land Options 248 – 249

Best Practices – Purchase of Residential Housing 250 – 258

Presentation Structure

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SITE & LOCATION OVERVIEW

Overview of upcoming facility

Location context and access routes to the facility

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Land Extent: 40 acres

Address: Plot No. 7, KIADB Hardware Park,

Huvinayakanahalli, Mahadev Kodigehalli, Bangalore

Employee strength: 1,500 (1,000 existing employees &

500 new additions)

Phasing: Relocation of existing employees to commence

tentatively by Q3 2015 to be completed by Q1 2016

Current status: development work currently under

progress (undertaken by Mott MacDonald / L&T)

Facilities: 8 storey block for office services, an R&D lab,

sports arena (both indoor & outdoor), a food court

Overview of upcoming facility

SITE & LOCATION OVERVIEW

Shell facility ~ excavations currently under

progress

Shell facility ~ development of access roads

currently under progress

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Hardware Park is located towards the Northern

periphery of the city, South of the Bangalore

International Airport and adjacent to upcoming

Aerospace, IT/BT Parks

Primary access is through a 150 ft wide road (viz.

State Highway 104)

Micro-markets in close proximity to the Hardware

Park are currently nascent in terms of real estate

activity ~ expected to witness increased real estate

activity going-forward on account of the KIADB

industrial parks

SITE & LOCATION OVERVIEW

CBD

NH-7

NH-4

NH-7

NICE

Yelahanka

Devanahalli

Whitefield

E-City

Jayanagar

Key Hubs Approx Distance (km)

BIAL

3 – 4 km (however, currently access to

the airport is through the trumpet

junction only, viz. approx. 16 – 18 km)

Hebbal 21 – 23

MG Road 31 – 33

Whitefield (ITPL) 26 – 28

Electronic City 52 – 53

SH-104

Budigere

Cross

NH-4

Hardware

Park

Existing facility

Existing facility

ORR

Hebbal

Yeshwantpur

Sarjapur ORR

North

Bangalore

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Hardware Park is located towards the Northern

periphery of the city, South of the Bangalore

International Airport and adjacent to upcoming

Aerospace, IT/BT Parks

Primary access is through a 150 ft wide road (viz.

State Highway 104)

Micro-markets in close proximity to the Hardware

Park are currently nascent in terms of real estate

activity ~ expected to witness increased real estate

activity going-forward on account of the KIADB

industrial parks

SITE & LOCATION OVERVIEW

CBD

NH-7

NH-4

NH-7

NICE

Yelahanka

Devanahalli

Whitefield

E-City

Jayanagar

Key Hubs Approx Distance (km)

BIAL

3 – 4 km (however, currently access to

the airport is through the trumpet

junction only, viz. approx. 16 – 18 km)

Hebbal 21 – 23

MG Road 31 – 33

Whitefield (ITPL) 26 – 28

Electronic City 52 – 53

SH-104

Budigere

Cross

NH-4

Hardware

Park

ORR

Hebbal

Yeshwantpur

Sarjapur ORR

North

Bangalore

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Key Hubs Access Routes Distance &

Time

Hebbal

NH7 – Bagalur

Main Road –

SH104

22 km

45 mins

MG Road

Pottery Road –

Hennur Main

Road – Bagalur

– SH104

27 km

75 mins

Whitefield

(ITPL)

Hope Farm Jn –

Sai Baba

Ashram Road –

Cargo Road –

Budigere

27 km

75 mins

Sarjapur

ORR

ORR – Hennur

Main Road –

Bagalur –

SH104

38 – 40

km

90 mins

Yelahanka

NH7 – Bagalur

Main Road –

SH104

16 km

40 mins

Thanisandra SH104 (via

Bagalur)

20 km

40 mins

ACCESS ROUTES TO HARDWARE PARK

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Key Hubs Access Routes Distance &

Time

Hebbal

NH7 – Bagalur

Main Road –

SH104

22 km

45 mins

MG Road

Pottery Road –

Hennur Main

Road – Bagalur

– SH104

27 km

75 mins

Whitefield

(ITPL)

Hope Farm Jn –

Sai Baba

Ashram Road –

Cargo Road –

Budigere

27 km

75 mins

Sarjapur

ORR

ORR – Hennur

Main Road –

Bagalur –

SH104

38 – 40

km

90 mins

Yelahanka

NH7 – Bagalur

Main Road –

SH104

16 km

40 mins

Thanisandra SH104 (via

Bagalur)

20 km

40 mins

ACCESS ROUTES TO HARDWARE PARK

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Key Hubs Access Routes Distance &

Time

Hebbal

NH7 – Bagalur

Main Road –

SH104

22 km

45 mins

MG Road

Pottery Road –

Hennur Main

Road – Bagalur

– SH104

27 km

75 mins

Whitefield

(ITPL)

Hope Farm Jn –

Sai Baba

Ashram Road –

Cargo Road –

Budigere

27 km

75 mins

Sarjapur

ORR

ORR – Hennur

Main Road –

Bagalur –

SH104

38 – 40

km

90 mins

Yelahanka

NH7 – Bagalur

Main Road –

SH104

16 km

40 mins

Thanisandra SH104 (via

Bagalur)

20 km

40 mins

ACCESS ROUTES TO HARDWARE PARK

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Key Hubs Access Routes Distance &

Time

Hebbal

NH7 – Bagalur

Main Road –

SH104

22 km

45 mins

MG Road

Pottery Road –

Hennur Main

Road – Bagalur

– SH104

27 km

75 mins

Whitefield

(ITPL)

Hope Farm Jn –

Sai Baba

Ashram Road –

Cargo Road –

Budigere

27 km

75 mins

Sarjapur

ORR

ORR – Hennur

Main Road –

Bagalur –

SH104

38 – 40

km

90 mins

Yelahanka

NH7 – Bagalur

Main Road –

SH104

16 km

40 mins

Thanisandra SH104 (via

Bagalur)

20 km

40 mins

ACCESS ROUTES TO HARDWARE PARK

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Key Hubs Access Routes Distance &

Time

Hebbal

NH7 – Bagalur

Main Road –

SH104

22 km

45 mins

MG Road

Pottery Road –

Hennur Main

Road – Bagalur

– SH104

27 km

75 mins

Whitefield

(ITPL)

Hope Farm Jn –

Sai Baba

Ashram Road –

Cargo Road –

Budigere

27 km

75 mins

Sarjapur

ORR

ORR – Hennur

Main Road –

Bagalur –

SH104

38 – 40

km

90 mins

Yelahanka

NH7 – Bagalur

Main Road –

SH104

16 km

40 mins

Thanisandra SH104 (via

Bagalur)

20 km

40 mins

ACCESS ROUTES TO HARDWARE PARK

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Key Hubs Access Routes Distance &

Time

Hebbal

NH7 – Bagalur

Main Road –

SH104

22 km

45 mins

MG Road

Pottery Road –

Hennur Main

Road – Bagalur

– SH104

27 km

75 mins

Whitefield

(ITPL)

Hope Farm Jn –

Sai Baba

Ashram Road –

Cargo Road –

Budigere

27 km

75 mins

Sarjapur

ORR

ORR – Hennur

Main Road –

Bagalur –

SH104

38 – 40

km

90 mins

Yelahanka

NH7 – Bagalur

Main Road –

SH104

16 km

40 mins

Thanisandra SH104 (via

Bagalur)

20 km

40 mins

ACCESS ROUTES TO HARDWARE PARK

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Key Hubs Access Routes Distance &

Time

Hebbal

NH7 – Bagalur

Main Road –

SH104

22 km

45 mins

MG Road

Pottery Road –

Hennur Main

Road – Bagalur

– SH104

27 km

75 mins

Whitefield

(ITPL)

Hope Farm Jn –

Sai Baba

Ashram Road –

Cargo Road –

Budigere

27 km

75 mins

Sarjapur

ORR

ORR – Hennur

Main Road –

Bagalur –

SH104

38 – 40

km

90 mins

Yelahanka

NH7 – Bagalur

Main Road –

SH104

16 km

40 mins

Thanisandra SH104 (via

Bagalur)

20 km

40 mins

ACCESS ROUTES TO HARDWARE PARK

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PHYSICAL AND SOCIAL INFRASTRUCTURE OVERVIEW

North Bangalore overview

Study area delineation

Physical infrastructure overview

Social infrastructure overview

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NORTH BANGALORE OVERVIEW

Profile of existing activity hubs

NH-7

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

Hebbal

Yelahanka

New Town

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21 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE OVERVIEW

Profile of existing activity hubs

NH-7

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

Established micro-markets in North ~

RMV, Sadashiva Nagar, Dollars

Colony, HRBR Layout, Yelahanka, etc.

RMV

Sadashivanagar

HRBR

Layout

Hebbal

Yelahanka

New Town

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22 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE OVERVIEW

Profile of existing activity hubs

NH-7

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

Established micro-markets in North ~

RMV, Sadashiva Nagar, Dollars

Colony, HRBR Layout, Yelahanka, etc.

Pebble Bay

RMV Brigade WTC,

Orion Mall,

Sheraton

Sadashivanagar

HRBR

Layout

Hebbal

Yelahanka

New Town

Mantri

Square

Manyata

Tech Park Movenpick

Current Development profile

Currently activity in North concentrated

towards / before the ORR

• Activity primarily residential in nature ~

independent dwelling units and mid-high

end apartments

Residential developments moving

further Northwards towards emerging

regions of Sahakaranagar, Hebbal,

Yelahanka, etc.

Establishment of airport has provided

impetus to growth in the vicinity ~

natural development of any city around

the airport

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NORTH BANGALORE OVERVIEW

Upcoming activity hubs

NH-7

ORR NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Yelahanka

New Town

Hebbal

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

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24 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE OVERVIEW

Upcoming activity hubs

NH-7

ORR NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Yelahanka

New Town

Hebbal

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

Upcoming micro-markets in North ~

Hebbal, Thanisandra, Yelahanka New

Town, micro-markets along NH-7, etc.

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NORTH BANGALORE OVERVIEW

Upcoming activity hubs

NH-7

ORR NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Yelahanka

New Town

Hebbal

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

Brigade Calladium

Godrej Platinum

RMZ Latitude

RMZ

Galleria

Upcoming micro-markets in North ~

Hebbal, Thanisandra, Yelahanka New

Town, micro-markets along NH-7, etc.

Vector expected to witness significantly

improved infrastructure ~ enhanced

connectivity & easy accessibility

• Fast development of over-bridges/

underpasses along the road to provide

seamless traffic flow to the airport

• Road-widening and elevated highway

works currently underway

• Metro rail project proposed for alternative

airport connectivity

Hebbal junction to emerge as

“epicenter” for real estate activity going

forward (BKC of Bangalore)

• Stretch between Hebbal & Yelahanka to

witness high end residential, commercial

and retail activity

Manyata

Bhartiya City

Mantri

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NORTH BANGALORE OVERVIEW

Upcoming activity hubs

NH-7

ORR NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Yelahanka

New Town

Hebbal

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

Brigade Calladium

Godrej Platinum

RMZ Latitude

RMZ

Galleria

• Launch of several “high-end/ luxury” developments in Hebbal

~ expected to transform the image profile of North

Upcoming micro-markets in North ~

Hebbal, Thanisandra, Yelahanka New

Town, micro-markets along NH-7, etc.

Vector expected to witness significantly

improved infrastructure ~ enhanced

connectivity & easy accessibility

• Fast development of over-bridges/

underpasses along the road to provide

seamless traffic flow to the airport

• Road-widening and elevated highway

works currently underway

• Metro rail project proposed for alternative

airport connectivity

Hebbal junction to emerge as

“epicenter” for real estate activity going

forward (BKC of Bangalore)

• Stretch between Hebbal & Yelahanka to

witness high end residential, commercial

and retail activity

Manyata

Bhartiya City

Mantri

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DELINEATING STUDY AREA

(RELEVANT MICRO-MARKETS WITHIN NORTH BANGALORE)

# Micro-markets

1 Doddaballapur Road

2 Yelahanka / Yelahanka New Town

3 Jakkur / Amruthahalli

4 Hebbal

5 Thanisandra

6 Hennur / Horamavu

7 Old Madras Road

8 Budigere Cross

9 Bagalur

10 Bellary Road (between 2 and 12)

11 IVC Road

12 Devanahalli

13 Cargo Road

NH-7

ORR NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Yelahanka

New Town

Hebbal

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

15 km

radius

10 km

radius

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28 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

DELINEATING STUDY AREA

(RELEVANT MICRO-MARKETS WITHIN NORTH BANGALORE)

# Micro-markets

1 Doddaballapur Road

2 Yelahanka / Yelahanka New Town

3 Jakkur / Amruthahalli

4 Hebbal

5 Thanisandra

6 Hennur / Horamavu

7 Old Madras Road

8 Budigere Cross

9 Bagalur

10 Bellary Road (between 2 and 12)

11 IVC Road

12 Devanahalli

13 Cargo Road

• Micro-markets in a 10 – 15 km radius

have been shortlisted and relevant

activity hubs have been selected based

on discussions with the Client

• Study to focus on prevailing activity along

key arterial roads in the focus zone

NH-7

ORR NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Yelahanka

New Town

Hebbal

Whitefield

1

2

3

4

5

6

7

8

9

10

11

12

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

15 km

radius

10 km

radius

13

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PHYSICAL INFRASTRUCTURE OVERVIEW

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Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

ITC Factory

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

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31 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

2

Kogilu Junction

Vidyanagar Jn

Trumpet

Junction

Hunasamarana

Halli

Underpass Key Junction

ITC Factory

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

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32 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

2

Kogilu Junction

Vidyanagar Jn

Trumpet

Junction

Hunasamarana

Halli

3

Underpass Key Junction

ITC Factory

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

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33 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

2

4

Kogilu Junction

Vidyanagar Jn

Trumpet

Junction

Hunasamarana

Halli

3

Underpass Key Junction

ITC Factory

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

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34 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

2

4

KIADB

Parks

5

Kogilu Junction

Vidyanagar Jn

Trumpet

Junction

Hunasamarana

Halli

3

Underpass Key Junction

ITC Factory

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

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35 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

2

4

KIADB

Parks

5

6

Kogilu Junction

Vidyanagar Jn

Trumpet

Junction

Hunasamarana

Halli

3

Underpass Key Junction

ITC Factory

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

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36 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

2

4

KIADB

Parks

5

6

7

Kogilu Junction

Vidyanagar Jn

Trumpet

Junction

Hunasamarana

Halli

3

Underpass Key Junction

ITC Factory

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

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37 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

2

4

KIADB

Parks

5

6

7

Kogilu Junction

Vidyanagar Jn

Trumpet

Junction

Hunasamarana

Halli

3

8

Underpass Key Junction

ITC Factory

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

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38 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

# Infrastructure Initiatives

1 Elevated expressway

2 NH7 road expansion, flyovers

and underpasses

3 BARL

4 SH104 expansion (Hardware

Park primary access)

5 KIADB Parks

6 BIAL Aerotropolis

7 Information Technology

Investment Region (ITIR)

8 KSIIDC Devanahalli Business

Park

9 Peripheral Ring Road

Overview of existing & upcoming physical infrastructure

PHYSICAL INFRASTRUCTURE

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

SH104

1

2

4

• Numerous infrastructure initiatives

currently underway in North Bangalore

~ to provide superior connectivity to the

airport

• Govt. is creating economic drivers

through promotion of industrial parks

KIADB

Parks

5

6

7

Vidyanagar Jn

Trumpet

Junction

Hunasamarana

Halli

3

8

Underpass Key Junction

ITC Factory

PRR

SH35

Kogilu Junction

9

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39 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Elevated Expressway

Attribute Elevated Expressway

Overview Access controlled elevated

expressway

Location Hebbal to Yelahanka stretch

on NH7

Extent 3.72 km

Distance from

Subject Property

10 km

(from ITC Factory on NH7)

Governing/

Implementing

authority

NHAI

Existing status

and take-away

from interactions

Elevated expressway is 95%

complete

Timelines for

completion Q2 2014

Travel time

impact

MG Road to Yelahanka:

Current: 45 mins

Post Completion: 30 mins

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

SH104

1

KIADB

Parks

NH-7

Underpass Key Junction

Kogilu Junction

ITC Factory

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40 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Flyovers along NH7

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

SH104

KIADB

Parks

NH-7

Hebbal

Attribute Flyovers along NH7

Overview

2 flyovers and 2 vehicular

underpasses are being constructed

with a primary objective to improve

connectivity to BIAL

Location

Flyovers - Kogilu (900m),

Vidyanagar (1km)

Underpasses – Bagalur,

Hunasamaranahalli junction

Implementing

authority Navayuga

Existing status

and take-away

from

interactions

Flyovers are nearing completion

and entry/exit ramp work is

underway; Works on the

underpasses are complete

Service road for a 5 km stretch

along Jakkur Air Force Academy is

pending land acquisition

Timelines for

completion Q1 2014

Travel time

impact

Yelahanka to Trumpet Jn:

Current: 30 mins

Post Completion: 20 mins

ITC Factory

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41 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Flyovers along NH7

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

SH104

KIADB

Parks

Kogilu Junction

Vidyanagar Jn

Trumpet Jn

Underpass Key Junction

NH-7

Hebbal

Hunasamarana

Halli

Attribute Flyovers along NH7

Overview

2 flyovers and 2 vehicular

underpasses are being constructed

with a primary objective to improve

connectivity to BIAL

Location

Flyovers - Kogilu (900m),

Vidyanagar (1km)

Underpasses – Bagalur,

Hunasamaranahalli junction

Implementing

authority Navayuga

Existing status

and take-away

from

interactions

Flyovers are nearing completion

and entry/exit ramp work is

underway; Works on the

underpasses are complete

Service road for a 5 km stretch

along Jakkur Air Force Academy is

pending land acquisition

Timelines for

completion Q1 2014

Travel time

impact

Yelahanka to Trumpet Jn:

Current: 30 mins

Post Completion: 20 mins

ITC Factory

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42 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Flyovers along NH7

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

SH104

KIADB

Parks

Kogilu Junction

Vidyanagar Jn

Trumpet Jn

Underpass Key Junction

NH-7

Hebbal

Hunasamarana

Halli

Attribute Flyovers along NH7

Overview

2 flyovers and 2 vehicular

underpasses are being constructed

with a primary objective to improve

connectivity to BIAL

Location

Flyovers - Kogilu (900m),

Vidyanagar (1km)

Underpasses – Bagalur,

Hunasamaranahalli junction

Implementing

authority Navayuga

Existing status

and take-away

from

interactions

Flyovers are nearing completion

and entry/exit ramp work is

underway; Works on the

underpasses are complete

Service road for a 5 km stretch

along Jakkur Air Force Academy is

pending land acquisition

Timelines for

completion Q1 2014

Travel time

impact

Yelahanka to Trumpet Jn:

Current: 30 mins

Post Completion: 20 mins

ITC Factory

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43 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Status of key access roads to Hardware Park

Attribute Access Roads to Hardware Park

Overview Primary access is through SH

104

Road Width

SH 104 –150 ft

KIADB access roads – 150 ft

Shettigere (from ITC Factory,

NH7) – 120 ft

Implementing

authority KRDCL / PWD / KIADB

Existing status

and take-away

from

interactions

SH104 stretch in close proximity

to Hardware park widening has

been completed. Land

acquisition for the remaining

stretch currently under progress

Access roads within the

Hardware Park are currently

being widened (to be

completed by Q2 2014)

Shettigere road widening has

been master planned (to be

implemented in the next 3 – 4

years)

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

ITC Factory

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44 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Status of key access roads to Hardware Park

Attribute Access Roads to Hardware Park

Overview Primary access is through SH

104

Road Width

SH 104 –150 ft

KIADB access roads – 150 ft

Shettigere (from ITC Factory,

NH7) – 120 ft

Implementing

authority KRDCL / PWD / KIADB

Existing status

and take-away

from

interactions

SH104 stretch in close proximity

to Hardware park widening has

been completed. Land

acquisition for the remaining

stretch currently under progress

Access roads within the

Hardware Park are currently

being widened (to be

completed by Q2 2014)

Shettigere road widening has

been master planned (to be

implemented in the next 3 – 4

years)

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

ITC Factory

Existing SH104 (60 ft)

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45 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Status of key access roads to Hardware Park

Attribute Access Roads to Hardware Park

Overview Primary access is through SH

104

Road Width

SH 104 –150 ft

KIADB access roads – 150 ft

Shettigere (from ITC Factory,

NH7) – 120 ft

Implementing

authority KRDCL / PWD / KIADB

Existing status

and take-away

from

interactions

SH104 stretch in close proximity

to Hardware park widening has

been completed. Land

acquisition for the remaining

stretch currently under progress

Access roads within the

Hardware Park are currently

being widened (to be

completed by Q2 2014)

Shettigere road widening has

been master planned (to be

implemented in the next 3 – 4

years)

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

ITC Factory

Widened stretch of

road (150 ft) Existing SH104 (60 ft)

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46 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Status of key access roads to Hardware Park

Attribute Access Roads to Hardware Park

Overview Primary access is through SH

104

Road Width

SH 104 –150 ft

KIADB access roads – 150 ft

Shettigere (from ITC Factory,

NH7) – 120 ft

Implementing

authority KRDCL / PWD / KIADB

Existing status

and take-away

from

interactions

SH104 stretch in close proximity

to Hardware park widening has

been completed. Land

acquisition for the remaining

stretch currently under progress

Access roads within the

Hardware Park are currently

being widened (to be

completed by Q2 2014)

Shettigere road widening has

been master planned (to be

implemented in the next 3 – 4

years)

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

Widened stretch of

road (150 ft) Existing SH104 (60 ft)

ITC Factory

Proposed Road

widening (100 –

300 ft)

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47 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Status of key access roads to Hardware Park

Attribute Access Roads to Hardware Park

Overview Primary access is through SH

104

Road Width

SH 104 –150 ft

KIADB access roads – 150 ft

Shettigere (from ITC Factory,

NH7) – 120 ft

Implementing

authority KRDCL / PWD / KIADB

Existing status

and take-away

from

interactions

SH104 stretch in close proximity

to Hardware park widening has

been completed. Land

acquisition for the remaining

stretch currently under progress

Access roads within the

Hardware Park are currently

being widened (to be

completed by Q2 2014)

Shettigere road widening has

been master planned (to be

implemented in the next 3 – 4

years)

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

Widened stretch of

road (150 ft) Existing SH104 (60 ft)

ITC Factory

Proposed Road

widening (100 –

300 ft)

Widening of SH-104: to improve connectivity to Hardware Park from

Bagalur / Thanisandra as well as the airport

Widening of Shettigere Road: to improve connectivity from NH7 (ITC

factory)

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48 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Bangalore Airport Rail Link (BARL)

Attribute BARL

Overview

Metro rail link connecting the city

and the Bangalore International

Airport

Proposed

alignment

Extension of proposed Phase 2

of Metro line which is planned to

terminate at Nagawara

Implementing

authority BMRCL

Existing status

and take-

away from

interactions

Detailed project assessment by

RITES on a viable alignment to

connect the city to the

International airport currently

under progress (Q1 2014)

Land acquisition and subsequent

development works to

commence post Government

approval. To be operational

tentatively by 2019

Travel time

impact

MG Road to Trumpet Jn:

Reduction from 90 mins to 40

mins

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

ITC Factory

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49 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Bangalore Airport Rail Link (BARL)

Attribute BARL

Overview

Metro rail link connecting the city

and the Bangalore International

Airport

Proposed

alignment

Extension of proposed Phase 2 of

Metro line which is planned to

terminate at Nagawara

Implementin

g authority BMRCL

Existing

status and

take-away

from

interactions

Detailed project assessment by

RITES on a viable alignment to

connect the city to the

International airport currently

under progress (Q1 2014)

Land acquisition and subsequent

development works to commence

post Government approval. To be

operational tentatively by 2019

Travel time

impact

MG Road to Trumpet Jn:

Reduction from 90 mins to 40

mins

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

Metro Ph 2

Alignment

ITC Factory

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50 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Bangalore Airport Rail Link (BARL)

Attribute BARL

Overview

Metro rail link connecting the city

and the Bangalore International

Airport

Proposed

alignment

Extension of proposed Phase 2 of

Metro line which is planned to

terminate at Nagawara

Implementin

g authority BMRCL

Existing

status and

take-away

from

interactions

Detailed project assessment by

RITES on a viable alignment to

connect the city to the

International airport currently

under progress (Q1 2014)

Land acquisition and subsequent

development works to commence

post Government approval. To be

operational tentatively by 2019

Travel time

impact

MG Road to Trumpet Jn:

Reduction from 90 mins to 40

mins

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

M Nagawara

Metro Ph 2

Alignment

M Arabic College

M Tannery Rd

M Cant Station

ITC Factory

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51 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

Bangalore Airport Rail Link (BARL)

Attribute BARL

Overview

Metro rail link connecting the city

and the Bangalore International

Airport

Proposed

alignment

Extension of proposed Phase 2 of

Metro line which is planned to

terminate at Nagawara

Implementin

g authority BMRCL

Existing

status and

take-away

from

interactions

Detailed project assessment by

RITES on a viable alignment to

connect the city to the

International airport currently

under progress (Q1 2014)

Land acquisition and subsequent

development works to commence

post Government approval. To be

operational tentatively by 2019

Travel time

impact

MG Road to Trumpet Jn:

Reduction from 90 mins to 40

mins

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

Erstwhile alignment

of BARL

M Nagawara

Metro Ph 2

Alignment

M Arabic College

M Tannery Rd

M Cant Station

ITC Factory

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52 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

ITIR, Devanahalli Business Park, BIAL Aerotropolis

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

ITC

Factory

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53 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

ITIR, Devanahalli Business Park, BIAL Aerotropolis

Attribute ITIR

Overview

Information Technology

Investment Region between

Chikkaballapur & Doddaballapur

Implementing

authority Government of Karnataka

Extent and

Status 10,000 acres ~ Conceptual stage

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

ITIR

ITC

Factory

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54 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

ITIR, Devanahalli Business Park, BIAL Aerotropolis

Attribute ITIR

Overview

Information Technology

Investment Region between

Chikkaballapur & Doddaballapur

Implementing

authority Government of Karnataka

Extent and

Status 10,000 acres ~ Conceptual stage

Attribute Devanahalli Business Park

Overview IT Park, Financial Center, Retail,

hotel, aviation academy

Implementing

authority KSIIDC

Extent and Status 413 acres ~ Conceptual stage

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

Devanahalli

Business Park

ITIR

ITC

Factory

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55 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

ITIR, Devanahalli Business Park, BIAL Aerotropolis

Attribute ITIR

Overview

Information Technology

Investment Region between

Chikkaballapur & Doddaballapur

Implementing

authority Government of Karnataka

Extent and

Status 10,000 acres ~ Conceptual stage

Attribute Devanahalli Business Park

Overview IT Park, Financial Center, Retail,

hotel, aviation academy

Implementing

authority KSIIDC

Extent and Status 413 acres ~ Conceptual stage

Attribute BIAL Aerotropolis

Overview

Self-sustainable airport city with

significant commercial &

hospitality developments

Implementing

authority

GVK - Bangalore International

Airport Limited

Extent and

Status

A premium hotel is currently

under construction; Other

components in planning stage

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

Devanahalli

Business Park

ITIR

BIAL

Aerotropolis ITC

Factory

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56 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

PHYSICAL INFRASTRUCTURE

ITIR, Devanahalli Business Park, BIAL Aerotropolis

Attribute ITIR

Overview

Information Technology

Investment Region between

Chikkaballapur & Doddaballapur

Implementing

authority Government of Karnataka

Extent and

Status 10,000 acres ~ Conceptual stage

Attribute Devanahalli Business Park

Overview IT Park, Financial Center, Retail,

hotel, aviation academy

Implementing

authority KSIIDC

Extent and Status 413 acres ~ Conceptual stage

Attribute BIAL Aerotropolis

Overview

Self-sustainable airport city with

significant commercial &

hospitality developments

Implementing

authority

GVK - Bangalore International

Airport Limited

Extent and

Status

A premium hotel is currently

under construction; Other

components in planning stage

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NH-7

Hebbal

SH104

SH104

KIADB

Parks

Proposed investment initiatives would act as economic drivers and

attract further investments in the social/ support infrastructure

space in North Bangalore

Devanahalli

Business Park

ITIR

BIAL

Aerotropolis ITC

Factory

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57 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

On-ground pictures ~ representative physical infrastructure developments

PHYSICAL INFRASTRUCTURE

Elevated Expressway SH 104 (entry of Hardware Park) Hardware Park internal road

Elevated Expressway Planned Devanahalli Business Park Kogilu Flyover (Yelahanka) Vidyanagar Flyover

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58 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Bangalore International Airport

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59 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Bangalore International Airport

Aerospace Park

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60 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Aerospace Park (43 allottees)

StarragHeckert (operational)

Wipro Actuators (operational)

Tyco Electronics (UC)

Hindustan Aeronautics Limited

Jupiter Aviation

Dynamatic Technologies

Ingersoll Rand

Bangalore International Airport

Aerospace Park

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61 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Aerospace Park (43 allottees)

StarragHeckert (operational)

Wipro Actuators (operational)

Tyco Electronics (UC)

Hindustan Aeronautics Limited

Jupiter Aviation

Dynamatic Technologies

Ingersoll Rand

Bangalore International Airport

IT Park

Aerospace Park

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62 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Aerospace Park (43 allottees)

StarragHeckert (operational)

Wipro Actuators (operational)

Tyco Electronics (UC)

Hindustan Aeronautics Limited

Jupiter Aviation

Dynamatic Technologies

Ingersoll Rand

Bangalore International Airport

IT Park (127 allottees)

Infosys

Tata Consulting Engineers

Reliance Infocomm

Ernet India

Transcend Global

First Face Information Technology

IT Park

Aerospace Park

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63 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Aerospace Park (43 allottees)

StarragHeckert (operational)

Wipro Actuators (operational)

Tyco Electronics (UC)

Hindustan Aeronautics Limited

Jupiter Aviation

Dynamatic Technologies

Ingersoll Rand

Bangalore International Airport

IT Park (127 allottees)

Infosys

Tata Consulting Engineers

Reliance Infocomm

Ernet India

Transcend Global

First Face Information Technology

IT Park

Aerospace Park

Hardware Park

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64 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Aerospace Park (43 allottees)

StarragHeckert (operational)

Wipro Actuators (operational)

Tyco Electronics (UC)

Hindustan Aeronautics Limited

Jupiter Aviation

Dynamatic Technologies

Ingersoll Rand

Bangalore International Airport

IT Park (127 allottees)

Infosys

Tata Consulting Engineers

Reliance Infocomm

Ernet India

Transcend Global

First Face Information Technology

IT Park

Aerospace Park

Hardware Park

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65 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Aerospace Park (43 allottees)

StarragHeckert (operational)

Wipro Actuators (operational)

Tyco Electronics (UC)

Hindustan Aeronautics Limited

Jupiter Aviation

Dynamatic Technologies

Ingersoll Rand

Bangalore International Airport

IT Park (127 allottees)

Infosys

Tata Consulting Engineers

Reliance Infocomm

Ernet India

Transcend Global

First Face Information Technology

Hardware Park (42 allottees)

Shell Technologies (UC)

IFCI Financial City (UC)

Ascendas India (100 ac park)

Quantum Power Systems

Cellcomm Solutions

Gallant Electronic Controls

Chesa Dental Care

IT Park

Aerospace Park

Hardware Park

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66 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Aerospace Park (43 allottees)

StarragHeckert (operational)

Wipro Actuators (operational)

Tyco Electronics (UC)

Hindustan Aeronautics Limited

Jupiter Aviation

Dynamatic Technologies

Ingersoll Rand

Bangalore International Airport

Large scale activity expected ~ Over 2,700 acres earmarked for the three parks

Infrastructure such as roads, electricity lines, etc. currently being developed by KIADB (to be

completed by Q2 2014)

Parks expected to create significant employment in the region ~ to drive development of social

infrastructure

IT Park (127 allottees)

Infosys

Tata Consulting Engineers

Reliance Infocomm

Ernet India

Transcend Global

First Face Information Technology

Hardware Park (42 allottees)

Shell Technologies (UC)

IFCI Financial City (UC)

Ascendas India (100 ac park)

Quantum Power Systems

Cellcomm Solutions

Gallant Electronic Controls

Chesa Dental Care

IT Park

Aerospace Park

Hardware Park

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67 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Overview & key tenants

NORTH BANGALORE INDUSTRIAL PARKS

Aerospace Park (43 allottees)

StarragHeckert (operational)

Wipro Actuators (operational)

Tyco Electronics (UC)

Hindustan Aeronautics Limited

Jupiter Aviation

Dynamatic Technologies

Ingersoll Rand

Bangalore International Airport

Large scale activity expected ~ Over 2,700 acres earmarked for the three parks

Infrastructure such as roads, electricity lines, etc. currently being developed by KIADB (to be

completed by Q2 2014)

Parks expected to create significant employment in the region ~ to drive development of social

infrastructure

IT Park (127 allottees)

Infosys

Tata Consulting Engineers

Reliance Infocomm

Ernet India

Transcend Global

First Face Information Technology

Hardware Park (42 allottees)

Shell Technologies (UC)

IFCI Financial City (UC)

Ascendas India (100 ac park)

Quantum Power Systems

Cellcomm Solutions

Gallant Electronic Controls

Chesa Dental Care

IT Park

Aerospace Park

Hardware Park

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68 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Social Infrastructure (Common Amenities)

NORTH BANGALORE INDUSTRIAL PARKS

Bangalore International Airport

Aerospace Park

IT Park

Hardware Park

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69 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Social Infrastructure (Common Amenities)

NORTH BANGALORE INDUSTRIAL PARKS

Bangalore International Airport

Aerospace Park

IT Park

CA

Plots

Commercial

Plots

Residential

Plots

CA

Plots

CA

Plots

Hardware Park

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70 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Social Infrastructure (Common Amenities)

NORTH BANGALORE INDUSTRIAL PARKS

Bangalore International Airport

Aerospace Park

IT Park

CA

Plots

Commercial

Plots

Residential

Plots

CA

Plots

CA

Plots

Hardware Park

Residential

Brigade Tetrarch – Value homes

NSB Infrastructure - Township

TATA Housing – Township

Mantri – Value Homes

Vista agency – Service apartments

IFCI Infrastructure - Township

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71 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Social Infrastructure (Common Amenities)

NORTH BANGALORE INDUSTRIAL PARKS

Bangalore International Airport

Aerospace Park

IT Park

CA

Plots

Commercial

Plots

Residential

Plots

CA

Plots

CA

Plots

Hardware Park

Hospitality

Great City Club – 3 star hotel

MAK Hotel – Business hotel

Kalyani Developers – 5 star hotel

Cominfo Hospitality – 5 star hotel

RS Kalyani – hotel & convention

Darshita Hotel – 4 star hotel

Sahara Medical Tourism – hotel

Primrose hospitality – 5 star hotel

Sona Infrabuild – hotel, retail

Deccan Park – Luxury hotel

Residential

Brigade Tetrarch – Value homes

NSB Infrastructure - Township

TATA Housing – Township

Mantri – Value Homes

Vista agency – Service apartments

IFCI Infrastructure - Township

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72 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Social Infrastructure (Common Amenities)

NORTH BANGALORE INDUSTRIAL PARKS

Healthcare

Narayana Healthcare

White Oaks

Bangalore International Airport

Aerospace Park

IT Park

CA

Plots

Commercial

Plots

Residential

Plots

CA

Plots

CA

Plots

Hardware Park

Hospitality

Great City Club – 3 star hotel

MAK Hotel – Business hotel

Kalyani Developers – 5 star hotel

Cominfo Hospitality – 5 star hotel

RS Kalyani – hotel & convention

Darshita Hotel – 4 star hotel

Sahara Medical Tourism – hotel

Primrose hospitality – 5 star hotel

Sona Infrabuild – hotel, retail

Deccan Park – Luxury hotel

Residential

Brigade Tetrarch – Value homes

NSB Infrastructure - Township

TATA Housing – Township

Mantri – Value Homes

Vista agency – Service apartments

IFCI Infrastructure - Township

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73 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Social Infrastructure (Common Amenities)

NORTH BANGALORE INDUSTRIAL PARKS

Healthcare

Narayana Healthcare

White Oaks

Approx. 20 – 30% of the land area is demarcated for common amenities such as hotels,

commercial and retail developments

Requisite support residential provisioned in each park

Social infrastructure expected to become operational over the next 8 – 10 years

Bangalore International Airport

Aerospace Park

IT Park

CA

Plots

Commercial

Plots

Residential

Plots

CA

Plots

CA

Plots

Hardware Park

Hospitality

Great City Club – 3 star hotel

MAK Hotel – Business hotel

Kalyani Developers – 5 star hotel

Cominfo Hospitality – 5 star hotel

RS Kalyani – hotel & convention

Darshita Hotel – 4 star hotel

Sahara Medical Tourism – hotel

Primrose hospitality – 5 star hotel

Sona Infrabuild – hotel, retail

Deccan Park – Luxury hotel

Residential

Brigade Tetrarch – Value homes

NSB Infrastructure - Township

TATA Housing – Township

Mantri – Value Homes

Vista agency – Service apartments

IFCI Infrastructure - Township

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74 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Projected growth of infrastructure development

PHYSICAL INFRASTRUCTURE

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75 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Projected growth of infrastructure development

PHYSICAL INFRASTRUCTURE

3 years later (2016)

Widening of NH-7, Elevated

Expressway functional

Travel time from City to

Yelahanka to reduce

significantly (from 40 mins to

30 mins)

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76 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Projected growth of infrastructure development

PHYSICAL INFRASTRUCTURE

Partial development of

hardware, IT/BT, Aerospace

Parks to be operational

Gradual development of the

eco-system around the subject

site

Development of social

infrastructure in close

proximity to subject site

5 years Later (2018) 3 years later (2016)

Widening of NH-7, Elevated

Expressway functional

Travel time from City to

Yelahanka to reduce

significantly (from 40 mins to

30 mins)

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77 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Projected growth of infrastructure development

PHYSICAL INFRASTRUCTURE

Partial development of

hardware, IT/BT, Aerospace

Parks to be operational

Gradual development of the

eco-system around the subject

site

Development of social

infrastructure in close

proximity to subject site

5 years Later (2018) 10 years Later (2023)

Hardware, IT/BT, Aerospace

Parks to be fully operational

Travel time to subject property

from city is expected to reduce

further (BARL)

Organized real estate activity

to expand significantly

towards the airport

3 years later (2016)

Widening of NH-7, Elevated

Expressway functional

Travel time from City to

Yelahanka to reduce

significantly (from 40 mins to

30 mins)

Page 78: CBRE Mkt Research Rpt - Shell - North - 120913

SOCIAL INFRASTRUCTURE OVERVIEW

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79 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

SOCIAL INFRASTRUCTURE

# Infrastructure Qualitative Feedback Availability

1 Schools

Curriculum offered IB, IGCSE, ICSE, CBSE, Karnataka State Board

Significant presence of International schools as well private

national players

20 – 25 quality

schools

2 Colleges

North Bangalore is an established hub for colleges & professional

institutes

Institutes are largely autonomous private institutes with the

presence of few Government institutions

20 – 22 colleges

3 Healthcare Limited presence of quality clinics and multispecialty hospitals

available (closest approx. 18 – 20 km from Hardware Park)

4 – 5 hospitals

and 1 – 2 clinics

4 Pre-schools / crèches Quality chains of National as well as local pre-schools available in

North Bangalore 10 – 12

5 Restaurants /

Recreation

Currently catered to through presence of resorts

Existing restaurants are primarily coffee cafes / fast food chains

Limited options of sports facilities currently available with lack of

multiplexes

Two malls currently under-construction ~ to cater to the need-gap

for quality restaurant / recreation options

7 – 8 resorts

2 – 3 sports

facilities

Overview

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80 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

SOCIAL INFRASTRUCTURE

# Infrastructure Qualitative Feedback Availability

1 Schools

Curriculum offered IB, IGCSE, ICSE, CBSE, Karnataka State Board

Significant presence of International schools as well private

national players

20 – 25 quality

schools

2 Colleges

North Bangalore is an established hub for colleges & professional

institutes

Institutes are largely autonomous private institutes with the

presence of few Government institutions

20 – 22 colleges

3 Healthcare Limited presence of quality clinics and multispecialty hospitals

available (closest approx. 18 – 20 km from Hardware Park)

4 – 5 hospitals

and 1 – 2 clinics

4 Pre-schools / crèches Quality chains of National as well as local pre-schools available in

North Bangalore 10 – 12

5 Restaurants /

Recreation

Currently catered to through presence of resorts

Existing restaurants are primarily coffee cafes / fast food chains

Limited options of sports facilities currently available with lack of

multiplexes

Two malls currently under-construction ~ to cater to the need-gap

for quality restaurant / recreation options

7 – 8 resorts

2 – 3 sports

facilities

• North Bangalore currently houses sufficient and good quality schools & colleges

• Lack of sufficient healthcare and retail options ~ expected to succeed increase in resident population

Overview

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81 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

SOCIAL INFRASTRUCTURE

# Name Classes

Offered Profile

1 Delhi Public

School

Nursery

to XII

Reputed chain of

CBSE Schools

(strength 3,000)

2

Stonehill

International

School

P1 to

DP2 IB Curriculum

3

Ryan

International

School

Nursery

to XII ICSE Curriculum

4

Mallya Aditi

International

School

Nursery

to XII

ICSE / IGCSE /

AICE

(575 students)

5 VidyaShilp

Academy

Nursery

to XII

ICSE / IGCSE

(1,700 students)

6

Canadian

International

School

Pre-K to

XII

IB, IGCSE

Curriculum (400

students)

7 Kendriya

Vidhyalaya

Nursery

to XII CBSE

Yelahanka

Operational

Planned

Schools

Whitefield

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82 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

SOCIAL INFRASTRUCTURE

# Name Classes

Offered Profile

1 Delhi Public

School

Nursery

to XII

Reputed chain of

CBSE Schools

(strength 3,000)

2

Stonehill

International

School

P1 to

DP2 IB Curriculum

3

Ryan

International

School

Nursery

to XII ICSE Curriculum

4

Mallya Aditi

International

School

Nursery

to XII

ICSE / IGCSE /

AICE

(575 students)

5 VidyaShilp

Academy

Nursery

to XII

ICSE / IGCSE

(1,700 students)

6

Canadian

International

School

Pre-K to

XII

IB, IGCSE

Curriculum (400

students)

7 Kendriya

Vidhyalaya

Nursery

to XII CBSE

6

4

5

1

2

Yelahanka

3

Operational

Planned

Schools

Whitefield

7

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83 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

SOCIAL INFRASTRUCTURE

# Name Classes

Offered Profile

1 Delhi Public

School

Nursery

to XII

Reputed chain of

CBSE Schools

(strength 3,000)

2

Stonehill

International

School

P1 to

DP2 IB Curriculum

3

Ryan

International

School

Nursery

to XII ICSE Curriculum

4

Mallya Aditi

International

School

Nursery

to XII

ICSE / IGCSE /

AICE

(575 students)

5 VidyaShilp

Academy

Nursery

to XII

ICSE / IGCSE

(1,700 students)

6

Canadian

International

School

Pre-K to

XII

IB, IGCSE

Curriculum (400

students)

7 Kendriya

Vidhyalaya

Nursery

to XII CBSE

6

4

5

1

2

Yelahanka

3

Trio World

School

Bangalore

Int’l School

New Baldwin

Int’l School

Euro School

Diana Public School

St. Michael’s

School

Green County

Public School

Akash Int’l School

Operational

Planned

Aditya Public

School

Schools

Whitefield

7

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84 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

SOCIAL INFRASTRUCTURE

# Name Classes

Offered Profile

1 Delhi Public

School

Nursery

to XII

Reputed chain of

CBSE Schools

(strength 3,000)

2

Stonehill

International

School

P1 to

DP2 IB Curriculum

3

Ryan

International

School

Nursery

to XII ICSE Curriculum

4

Mallya Aditi

International

School

Nursery

to XII

ICSE / IGCSE /

AICE

(575 students)

5 VidyaShilp

Academy

Nursery

to XII

ICSE / IGCSE

(1,700 students)

6

Canadian

International

School

Pre-K to

XII

IB, IGCSE

Curriculum (400

students)

7 Kendriya

Vidhyalaya

Nursery

to XII CBSE

6

4

5

1

2

Yelahanka

3

Brigade

School

Trio World

School

Bangalore

Int’l School

New Baldwin

Int’l School

Euro School

Diana Public School

St. Michael’s

School

Green County

Public School

Akash Int’l School

KLE

Institute

Ozone

Urbana

Operational

Planned

Bhartiya

City

Aditya Public

School

Schools

Whitefield

7

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85 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

SOCIAL INFRASTRUCTURE

# Name Classes

Offered Profile

1 Delhi Public

School

Nursery

to XII

Reputed chain of

CBSE Schools

(strength 3,000)

2

Stonehill

International

School

P1 to

DP2 IB Curriculum

3

Ryan

International

School

Nursery

to XII ICSE Curriculum

4

Mallya Aditi

International

School

Nursery

to XII

ICSE / IGCSE /

AICE

(575 students)

5 VidyaShilp

Academy

Nursery

to XII

ICSE / IGCSE

(1,700 students)

6

Canadian

International

School

Pre-K to

XII

IB, IGCSE

Curriculum (400

students)

7 Kendriya

Vidhyalaya

Nursery

to XII CBSE

6

4

5

1

2

Yelahanka

3

Brigade

School

Trio World

School

Bangalore

Int’l School

New Baldwin

Int’l School

Euro School

Diana Public School

St. Michael’s

School

Green County

Public School

Akash Int’l School

KLE

Institute

Ozone

Urbana

Operational

Planned

Bhartiya

City

Aditya Public

School

Schools

Whitefield

• North Bangalore already established in terms of School

Infrastructure with approx. 20-25 schools present currently

• More schools expected to form a part of private integrated

developments ~ in 5-10 years

7

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86 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

# Name Distance

(Km) Overview

1

Srishti School of

Art, Design and

Technology

15 – 16

Professional PG

& diploma

Institute

2

M Vishwesharaya

Institute of

Technology

10 – 11

Engineering &

Management

Institute

3

Reva Institute of

Technology and

Management

8 – 9

Engineering &

Management

Institute

4

Sri Venkateshwara

College of

Engineering

7 – 8 Engineering

College

5

J Nehru Center for

Advanced

Scientific Research

18 – 19 Multidisciplinary

Research Institute

6 Indian Institute of

Science 25 – 28

Multidisciplinary

Research Institute

7 Manipal Academy

of Banking 12 – 13

PG Diploma in

Banking and

Finance

Colleges

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town Hennur

Shettigere

Whitefield

Operational

Planned

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# Name Distance

(Km) Overview

1

Srishti School of

Art, Design and

Technology

15 – 16

Professional PG

& diploma

Institute

2

M Vishwesharaya

Institute of

Technology

10 – 11

Engineering &

Management

Institute

3

Reva Institute of

Technology and

Management

8 – 9

Engineering &

Management

Institute

4

Sri Venkateshwara

College of

Engineering

7 – 8 Engineering

College

5

J Nehru Center for

Advanced

Scientific Research

18 – 19 Multidisciplinary

Research Institute

6 Indian Institute of

Science 25 – 28

Multidisciplinary

Research Institute

7 Manipal Academy

of Banking 12 – 13

PG Diploma in

Banking and

Finance

Colleges

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town Hennur

Shettigere

1

2

3

4

5

6

Whitefield

Operational

Planned

7

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# Name Distance

(Km) Overview

1

Srishti School of

Art, Design and

Technology

15 – 16

Professional PG

& diploma

Institute

2

M Vishwesharaya

Institute of

Technology

10 – 11

Engineering &

Management

Institute

3

Reva Institute of

Technology and

Management

8 – 9

Engineering &

Management

Institute

4

Sri Venkateshwara

College of

Engineering

7 – 8 Engineering

College

5

J Nehru Center for

Advanced

Scientific Research

18 – 19 Multidisciplinary

Research Institute

6 Indian Institute of

Science 25 – 28

Multidisciplinary

Research Institute

7 Manipal Academy

of Banking 12 – 13

PG Diploma in

Banking and

Finance

Colleges

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town Hennur

Shettigere

1

2

3

4

5

6

Nitte

Meenakshi

National

Institute of

Rock

Mechanics

MVJ Medical

College

Impact College

of Engineering

KNS Institute

Brindavan

College

Bishop Cotton

Academy

Alpha College

Adarsha Institute

Whitefield

Operational

Planned

7

Kristu Jayanti

College

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# Name Distance

(Km) Overview

1

Srishti School of

Art, Design and

Technology

15 – 16

Professional PG

& diploma

Institute

2

M Vishwesharaya

Institute of

Technology

10 – 11

Engineering &

Management

Institute

3

Reva Institute of

Technology and

Management

8 – 9

Engineering &

Management

Institute

4

Sri Venkateshwara

College of

Engineering

7 – 8 Engineering

College

5

J Nehru Center for

Advanced

Scientific Research

18 – 19 Multidisciplinary

Research Institute

6 Indian Institute of

Science 25 – 28

Multidisciplinary

Research Institute

7 Manipal Academy

of Banking 12 – 13

PG Diploma in

Banking and

Finance

Colleges

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town Hennur

Shettigere

1

2

3

4

5

6

Nitte

Meenakshi

National

Institute of

Rock

Mechanics

MVJ Medical

College

Impact College

of Engineering

KNS Institute

Brindavan

College

Bishop Cotton

Academy

Alpha College

Adarsha Institute

Whitefield

Operational

Planned

7

Kristu Jayanti

College

KLE

Institute

JSS Technical

Institute

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# Name Distance

(Km) Overview

1

Srishti School of

Art, Design and

Technology

15 – 16

Professional PG

& diploma

Institute

2

M Vishwesharaya

Institute of

Technology

10 – 11

Engineering &

Management

Institute

3

Reva Institute of

Technology and

Management

8 – 9

Engineering &

Management

Institute

4

Sri Venkateshwara

College of

Engineering

7 – 8 Engineering

College

5

J Nehru Center for

Advanced

Scientific Research

18 – 19 Multidisciplinary

Research Institute

6 Indian Institute of

Science 25 – 28

Multidisciplinary

Research Institute

7 Manipal Academy

of Banking 12 – 13

PG Diploma in

Banking and

Finance

Colleges

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town Hennur

Shettigere

1

2

3

4

5

6

Nitte

Meenakshi

National

Institute of

Rock

Mechanics

MVJ Medical

College

Impact College

of Engineering

KNS Institute

Brindavan

College

Bishop Cotton

Academy

Alpha College

Adarsha Institute

Whitefield

Operational

Planned

7

Kristu Jayanti

College

KLE

Institute

JSS Technical

Institute

• North Bangalore is an established hub for colleges & professional

institutes ~ offering a wide umbrella of courses extending from

pre-university to post-graduation

• Institutes are largely autonomous private institutes with the presence

of few Government institutions

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

# Name No. of Beds Overview

1 Columbia

Asia

Hebbal – 90

Yeshwantpur –

300

High-end

super

specialty

2

Cauvery

Medical

Center

350 Multi-

specialty

3

Medi-

Derma

Hospital

NA Dermatology

4 Eben Ezer

Hospital 100

Multi-

specialty

5 Deepa

Hospital 30

Multi-

specialty

6 MS

Ramaiah 650

Multi-

specialty

7

I-Aim

Health

Center

NA Ayurveda

medicine

Hospitals / Clinics

SOCIAL INFRASTRUCTURE

Operational

Planned

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

# Name No. of Beds Overview

1 Columbia

Asia

Hebbal – 90

Yeshwantpur –

300

High-end

super

specialty

2

Cauvery

Medical

Center

350 Multi-

specialty

3

Medi-

Derma

Hospital

NA Dermatology

4 Eben Ezer

Hospital 100

Multi-

specialty

5 Deepa

Hospital 30

Multi-

specialty

6 MS

Ramaiah 650

Multi-

specialty

7

I-Aim

Health

Center

NA Ayurveda

medicine

Hospitals / Clinics

SOCIAL INFRASTRUCTURE

1 2

3

5

4

Operational

Planned

7

1

6

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

# Name No. of Beds Overview

1 Columbia

Asia

Hebbal – 90

Yeshwantpur –

300

High-end

super

specialty

2

Cauvery

Medical

Center

350 Multi-

specialty

3

Medi-

Derma

Hospital

NA Dermatology

4 Eben Ezer

Hospital 100

Multi-

specialty

5 Deepa

Hospital 30

Multi-

specialty

6 MS

Ramaiah 650

Multi-

specialty

7

I-Aim

Health

Center

NA Ayurveda

medicine

Hospitals / Clinics

SOCIAL INFRASTRUCTURE

1 2

3

5

4

White

Oaks

Darshita

Manipal

Hospital

Health Care

Global

Enterprises Sagar Health

Care

Narayana

Healthcare

Operational

Planned

7

Columbia

Asia Clinic

1

6

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

# Name No. of Beds Overview

1 Columbia

Asia

Hebbal – 90

Yeshwantpur –

300

High-end

super

specialty

2

Cauvery

Medical

Center

350 Multi-

specialty

3

Medi-

Derma

Hospital

NA Dermatology

4 Eben Ezer

Hospital 100

Multi-

specialty

5 Deepa

Hospital 30

Multi-

specialty

6 MS

Ramaiah 650

Multi-

specialty

7

I-Aim

Health

Center

NA Ayurveda

medicine

Hospitals / Clinics

SOCIAL INFRASTRUCTURE

1 2

3

5

4

White

Oaks

Darshita

Manipal

Hospital

Health Care

Global

Enterprises Sagar Health

Care

Narayana

Healthcare

Operational

Planned

7

Columbia

Asia Clinic

1

6

• Currently hospitals are primarily located in close proximity to

the Outer Ring Road

• Private Hospitals expansions typically succeed growth in

residing population ~ expected to develop as part of integrated

developments in 5-10 years

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

# Name Distance

(Km) Overview

1 Blueberry

Kidz 20 – 22

Day care and Pre-

school for kids

2 Kidzee 18 – 20 Largest Pre-school

chain in Asia

3

Maple Bear

Canadian

Pre-School

16 – 18

International chain

of Pre-school for

kids above 18

months

4 Little Elly

Play School 18 – 20

Chain of pre-

schools with

presence across

South India

Pre-schools / Crèches

SOCIAL INFRASTRUCTURE

Operational

Planned

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NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

# Name Distance

(Km) Overview

1 Blueberry

Kidz 20 – 22

Day care and Pre-

school for kids

2 Kidzee 18 – 20 Largest Pre-school

chain in Asia

3

Maple Bear

Canadian

Pre-School

16 – 18

International chain

of Pre-school for

kids above 18

months

4 Little Elly

Play School 18 – 20

Chain of pre-

schools with

presence across

South India

Pre-schools / Crèches

SOCIAL INFRASTRUCTURE

4

3

1

4

4

4

2

2

2

Le Poeme Crèche

Operational

Planned

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97 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

# Name Overview

1 Bhagini Bangalore based food

chain

2 Café Coffee

Day Chain of coffee cafes

3 McDonalds International fast food

chain

4 Barista International chain of

coffee cafes

5 Dominos Pizza International fast food

chain

6 Blue Alps Restaurant in Clarks

Exotica

7 Water Court

Multi-cuisine

restaurant in Club

Cabana

8 Goldfinch

Retreat BJN Restaurants

9 9

th Mile

Dhaba

Restaurant in Royal

Orchids

Restaurants

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Operational

Under-construction

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# Name Overview

1 Bhagini Bangalore based food

chain

2 Café Coffee

Day Chain of coffee cafes

3 McDonalds International fast food

chain

4 Barista International chain of

coffee cafes

5 Dominos Pizza International fast food

chain

6 Blue Alps Restaurant in Clarks

Exotica

7 Water Court

Multi-cuisine

restaurant in Club

Cabana

8 Goldfinch

Retreat BJN Restaurants

9 9

th Mile

Dhaba

Restaurant in Royal

Orchids

Restaurants

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Operational

Under-construction

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99 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

# Name Overview

1 Bhagini Bangalore based food

chain

2 Café Coffee

Day Chain of coffee cafes

3 McDonalds International fast food

chain

4 Barista International chain of

coffee cafes

5 Dominos Pizza International fast food

chain

6 Blue Alps Restaurant in Clarks

Exotica

7 Water Court

Multi-cuisine

restaurant in Club

Cabana

8 Goldfinch

Retreat BJN Restaurants

9 9

th Mile

Dhaba

Restaurant in Royal

Orchids

Restaurants

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Blue Alps Water Court

Operational

Under-construction

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100 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

# Name Overview

1 Bhagini Bangalore based food

chain

2 Café Coffee

Day Chain of coffee cafes

3 McDonalds International fast food

chain

4 Barista International chain of

coffee cafes

5 Dominos Pizza International fast food

chain

6 Blue Alps Restaurant in Clarks

Exotica

7 Water Court

Multi-cuisine

restaurant in Club

Cabana

8 Goldfinch

Retreat BJN Restaurants

9 9

th Mile

Dhaba

Restaurant in Royal

Orchids

Restaurants

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Blue Alps Water Court

Operational

Under-construction

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# Name Overview

1 Bhagini Bangalore based food

chain

2 Café Coffee

Day Chain of coffee cafes

3 McDonalds International fast food

chain

4 Barista International chain of

coffee cafes

5 Dominos Pizza International fast food

chain

6 Blue Alps Restaurant in Clarks

Exotica

7 Water Court

Multi-cuisine

restaurant in Club

Cabana

8 Goldfinch

Retreat BJN Restaurants

9 9

th Mile

Dhaba

Restaurant in Royal

Orchids

Restaurants

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Elements Mall

RMZ

Galleria

Blue Alps Water Court

Operational

Under-construction

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102 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

# Name Overview

1 Bhagini Bangalore based food

chain

2 Café Coffee

Day Chain of coffee cafes

3 McDonalds International fast food

chain

4 Barista International chain of

coffee cafes

5 Dominos Pizza International fast food

chain

6 Blue Alps Restaurant in Clarks

Exotica

7 Water Court

Multi-cuisine

restaurant in Club

Cabana

8 Goldfinch

Retreat BJN Restaurants

9 9

th Mile

Dhaba

Restaurant in Royal

Orchids

Restaurants

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

• Currently lacks quality restaurants ~ characterized by

coffee cafes primarily along NH7; restaurants as part of

resorts

• Malls currently under construction ~ to introduce quality

dining options

Elements Mall

RMZ

Galleria

Blue Alps Water Court

Operational

Under-construction

Goldfinch

Bagini

Bagini

9th Mile

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103 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

SOCIAL INFRASTRUCTURE

# Name Qualitative

comments Facilities

1 Angasana

Resort

Premium

Resort

Dining, Spa,

Events

2 Royal Orchid

Premium

Resort – 44

keys

Dining, Events,

Meeting,

Recreation

3

Ramanashree

California

Resort

Budget

Resort – 87

keys

Dining,

Conference hall

4 Clarks Exotica

Premium

Resort –

140 keys

Dining, Events,

Recreation

5 Fantasy Golf

Resorts

Budget

Resort

Conference,

Recreation

6 Goldfinch

Retreat

Budget

Resort – 36

keys

Dining, Spa,

Conference

7 Olde

Bangalore

Budget

Resort – 25

keys

Dining,

Conference,

Recreation

8 Club Cabana

– Jade garden

Premium

Resort

Dining, Events,

Conference,

Recreation

Recreational ~ Resorts

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

2

3

1

7 6

8 4

5

Operational

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# Name Overview Facilities

1 XLR8

Indoor

sports

arena

Facilities for

Cricket, Hockey,

Soccer, Volleyball,

Netball

2 Touche Golf

School

Golf

school

9 hole golf course

offering facilities

for junior and

corporate golf

3

PVR Cinemas

(Planned by

Q2 2014)

Part of

MSR

Elements

mall

7 screens

4

INOX

(Planned by

Q3 2015)

Part of

RMZ

Galleria

9 screens

Recreational ~ Multiplex / Amusement Parks / Clubs / Sports

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

Operational

Under-construction /

Planned

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# Name Overview Facilities

1 XLR8

Indoor

sports

arena

Facilities for

Cricket, Hockey,

Soccer, Volleyball,

Netball

2 Touche Golf

School

Golf

school

9 hole golf course

offering facilities

for junior and

corporate golf

3

PVR Cinemas

(Planned by

Q2 2014)

Part of

MSR

Elements

mall

7 screens

4

INOX

(Planned by

Q3 2015)

Part of

RMZ

Galleria

9 screens

Recreational ~ Multiplex / Amusement Parks / Clubs / Sports

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

2

1

Operational

Under-construction /

Planned

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# Name Overview Facilities

1 XLR8

Indoor

sports

arena

Facilities for

Cricket, Hockey,

Soccer, Volleyball,

Netball

2 Touche Golf

School

Golf

school

9 hole golf course

offering facilities

for junior and

corporate golf

3

PVR Cinemas

(Planned by

Q2 2014)

Part of

MSR

Elements

mall

7 screens

4

INOX

(Planned by

Q3 2015)

Part of

RMZ

Galleria

9 screens

Recreational ~ Multiplex / Amusement Parks / Clubs / Sports

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

4 2

3 1

Operational

Under-construction /

Planned

Bhartiya City

Ozone Urbana

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# Name Overview Facilities

1 XLR8

Indoor

sports

arena

Facilities for

Cricket, Hockey,

Soccer, Volleyball,

Netball

2 Touche Golf

School

Golf

school

9 hole golf course

offering facilities

for junior and

corporate golf

3

PVR Cinemas

(Planned by

Q2 2014)

Part of

MSR

Elements

mall

7 screens

4

INOX

(Planned by

Q3 2015)

Part of

RMZ

Galleria

9 screens

Recreational ~ Multiplex / Amusement Parks / Clubs / Sports

SOCIAL INFRASTRUCTURE

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

4 2

3 1

Operational

Under-construction /

Planned

Bhartiya City

Ozone Urbana

• Recreational activities in North Bangalore currently catered to

by resorts / sports facilities

• Multiplexes signed as part of under-construction malls to

augment the recreation options in North Bangalore

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On-ground pictures ~ representative social infrastructure developments

SOCIAL INFRASTRUCTURE

Mallya Aditi School Ryan International School Stonehill International School

Sir M Vishwesharaya Institute of Technology Indian Institute of Science Canadian International School

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On-ground pictures ~ representative social infrastructure developments

SOCIAL INFRASTRUCTURE

Cauvery Medical Center Columbia Asia Hospital PVR Cinemas (MSR Elements mall)

Bhagini, Doddaballapur Road XLR8 Indoor Sports Arena Touche Golf School

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On-ground pictures ~ representative social infrastructure developments

SOCIAL INFRASTRUCTURE

Angsana Resort & Spa Clarks Exotica Club Cabana

9th Mile Dhaba, Royal Orchids Gold Finch Retreat Little Elly pre-school

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NORTH BANGALORE REAL ESTATE OVERVIEW

Commercial, Retail, Hospitality overview

Residential overview

Case studies of representative projects

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Component-wise Summary

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# Component Qualitative Feedback Availability

1 Retail

North Bangalore has limited organized retail supply ~ closest mall is located

is approx. 28 – 30 km from Hardware Park (Orion Mall)

3 – 4 malls are currently in advanced stages of construction with several

planned over the next 5 – 6 years

C: 2 mn sft

UC: 1.7 mn sft

P: 5 – 6 mn sft

Component-wise Summary

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Component Qualitative Feedback Availability

1 Retail

North Bangalore has limited organized retail supply ~ closest mall is located

is approx. 28 – 30 km from Hardware Park (Orion Mall)

3 – 4 malls are currently in advanced stages of construction with several

planned over the next 5 – 6 years

C: 2 mn sft

UC: 1.7 mn sft

P: 5 – 6 mn sft

Component-wise Summary

2 Commercial

Organized supply currently restricted to Manyata Business Park ~ one of the

largest IT/ITeS park in Bangalore

Significant space currently under development (along NH7 and in ORR)

C: 8 – 9 mn sft

UC & P: 7 – 8

mn sft

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Component Qualitative Feedback Availability

1 Retail

North Bangalore has limited organized retail supply ~ closest mall is located

is approx. 28 – 30 km from Hardware Park (Orion Mall)

3 – 4 malls are currently in advanced stages of construction with several

planned over the next 5 – 6 years

C: 2 mn sft

UC: 1.7 mn sft

P: 5 – 6 mn sft

Component-wise Summary

2 Commercial

Organized supply currently restricted to Manyata Business Park ~ one of the

largest IT/ITeS park in Bangalore

Significant space currently under development (along NH7 and in ORR)

C: 8 – 9 mn sft

UC & P: 7 – 8

mn sft

3 Hospitality

Operational hotels are currently closer to the city center (approx. 28 – 32 km

from Hardware Park)

6 hotels to be added over the next 10 years including few in proximity to

Hardware Park ~ North to become an established hospitality hub

C – 740 keys

UC – 1,000 keys

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Component Qualitative Feedback Availability

1 Retail

North Bangalore has limited organized retail supply ~ closest mall is located

is approx. 28 – 30 km from Hardware Park (Orion Mall)

3 – 4 malls are currently in advanced stages of construction with several

planned over the next 5 – 6 years

C: 2 mn sft

UC: 1.7 mn sft

P: 5 – 6 mn sft

Component-wise Summary

2 Commercial

Organized supply currently restricted to Manyata Business Park ~ one of the

largest IT/ITeS park in Bangalore

Significant space currently under development (along NH7 and in ORR)

C: 8 – 9 mn sft

UC & P: 7 – 8

mn sft

3 Hospitality

Operational hotels are currently closer to the city center (approx. 28 – 32 km

from Hardware Park)

6 hotels to be added over the next 10 years including few in proximity to

Hardware Park ~ North to become an established hospitality hub

C – 740 keys

UC – 1,000 keys

4 Residential

North Bangalore apartment market has witnessed an average annual supply

of approx. 10,000 units since 2011 ~ products offered range across the

budget segments from mid-end to luxury

In addition, North Bangalore is also an active villa market offering products

primarily in the high-end segment

C – 1,500 VDUs

& 17,000 ADUs

UC – 3,300

VDUs & 32,000

ADUs

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Component Qualitative Feedback Availability

1 Retail

North Bangalore has limited organized retail supply ~ closest mall is located

is approx. 28 – 30 km from Hardware Park (Orion Mall)

3 – 4 malls are currently in advanced stages of construction with several

planned over the next 5 – 6 years

C: 2 mn sft

UC: 1.7 mn sft

P: 5 – 6 mn sft

• Real estate activity (residential & commercial) in North Bangalore has evolved at a rapid pace over the

last 3 – 4 years (owing to the Bangalore International Airport)

• Large-scale developments planned by various developers to augment the real estate growth in North

Component-wise Summary

2 Commercial

Organized supply currently restricted to Manyata Business Park ~ one of the

largest IT/ITeS park in Bangalore

Significant space currently under development (along NH7 and in ORR)

C: 8 – 9 mn sft

UC & P: 7 – 8

mn sft

3 Hospitality

Operational hotels are currently closer to the city center (approx. 28 – 32 km

from Hardware Park)

6 hotels to be added over the next 10 years including few in proximity to

Hardware Park ~ North to become an established hospitality hub

C – 740 keys

UC – 1,000 keys

4 Residential

North Bangalore apartment market has witnessed an average annual supply

of approx. 10,000 units since 2011 ~ products offered range across the

budget segments from mid-end to luxury

In addition, North Bangalore is also an active villa market offering products

primarily in the high-end segment

C – 1,500 VDUs

& 17,000 ADUs

UC – 3,300

VDUs & 32,000

ADUs

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Retail Malls

# Name *Leasable

Area (mn sft) Key tenants

1 Esteem Mall 0.13 Megamart,

Nike, Fab India

2 Big Bazaar 0.12 Big Bazaar

3 Mantri

Square 0.92

Lifestyle,

Pantaloons,

Shoppers Stop

4 Orion Mall 0.9 Zara, Westside,

Central

5

MSR

Elements

Mall

0.54

Auchan, Max,

Nike

(UC – 2014)

6 RMZ Galleria 0.5 UC – 2014

7 Vaishnavi

Sapphire 0.34 UC – 2014

8 Brigade

Orion Mall 0.35 UC – 2015

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

*Note: For a perspective on scale of

the development, Forum Mall,

Koramangala is approx. 0.34 mn

sft

15 km

radius

10 km

radius

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Retail Malls

# Name *Leasable

Area (mn sft) Key tenants

1 Esteem Mall 0.13 Megamart,

Nike, Fab India

2 Big Bazaar 0.12 Big Bazaar

3 Mantri

Square 0.92

Lifestyle,

Pantaloons,

Shoppers Stop

4 Orion Mall 0.9 Zara, Westside,

Central

5

MSR

Elements

Mall

0.54

Auchan, Max,

Nike

(UC – 2014)

6 RMZ Galleria 0.5 UC – 2014

7 Vaishnavi

Sapphire 0.34 UC – 2014

8 Brigade

Orion Mall 0.35 UC – 2015

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

1 2

3

4

15 km

radius

10 km

radius

*Note: For a perspective on scale of

the development, Forum Mall,

Koramangala is approx. 0.34 mn

sft

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NORTH BANGALORE REAL ESTATE OVERVIEW

Retail Malls

# Name *Leasable

Area (mn sft) Key tenants

1 Esteem Mall 0.13 Megamart,

Nike, Fab India

2 Big Bazaar 0.12 Big Bazaar

3 Mantri

Square 0.92

Lifestyle,

Pantaloons,

Shoppers Stop

4 Orion Mall 0.9 Zara, Westside,

Central

5

MSR

Elements

Mall

0.54

Auchan, Max,

Nike

(UC – 2014)

6 RMZ Galleria 0.5 UC – 2014

7 Vaishnavi

Sapphire 0.34 UC – 2014

8 Brigade

Orion Mall 0.35 UC – 2015

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

1 2

3

4

5

6

8

15 km

radius

10 km

radius

7

*Note: For a perspective on scale of

the development, Forum Mall,

Koramangala is approx. 0.34 mn

sft

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NORTH BANGALORE REAL ESTATE OVERVIEW

Retail Malls (planned)

# Name *Leasable

Area (mn sft)

Year of

Completion

9 Sobha APMC 1.0 2016

10 TRIL 0.35 2016

11 Century Ethos 0.15 2016

12 Mantri Mall 0.5 2017

13 Karle Mall 1.2 2017

14 Suraj Mall 0.45 2017

15 Bhartiya City 1.0 2018

16

Brigade

Golden

Triangle

1.0 2018

17 Ozone

Urbana 0.12 2018

Significant retail supply (approx. 5 – 6 mn

sft) currently planned in North Bangalore

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

1 2

3

4

5

6

15 km

radius

10 km

radius

7

9

10

11

12

13

14

15

16

17

8

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# Name

Leasable

Area

(mn sft)

Key tenants

1 Manyata

Embassy Park

11.4 (70%

completed)

IBM, CTS,

Phillips, Nokia

2 Brigade World

Trade Center 1.1

Amazon,

Bank of

Tokyo, Coca

Cola

3 Kirloskar

Business Park 0.36

Toyota, Tata

Tea, TCS

4 Prestige Star 0.2 UC – 2014

5 RMZ Galleria 0.33 UC – 2014

6 RMZ Latitude 0.23 UC – 2014

7 Brigade

Magnum 0.5 UC – 2014

Commercial Developments

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

Under-construction

Planned

Operational

10 km

radius

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name

Leasable

Area

(mn sft)

Key tenants

1 Manyata

Embassy Park

11.4 (70%

completed)

IBM, CTS,

Phillips, Nokia

2 Brigade World

Trade Center 1.1

Amazon,

Bank of

Tokyo, Coca

Cola

3 Kirloskar

Business Park 0.36

Toyota, Tata

Tea, TCS

4 Prestige Star 0.2 UC – 2014

5 RMZ Galleria 0.33 UC – 2014

6 RMZ Latitude 0.23 UC – 2014

7 Brigade

Magnum 0.5 UC – 2014

Commercial Developments

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

1

3

2

Under-construction

Planned

Operational

10 km

radius

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name

Leasable

Area

(mn sft)

Key tenants

1 Manyata

Embassy Park

11.4 (70%

completed)

IBM, CTS,

Phillips, Nokia

2 Brigade World

Trade Center 1.1

Amazon,

Bank of

Tokyo, Coca

Cola

3 Kirloskar

Business Park 0.36

Toyota, Tata

Tea, TCS

4 Prestige Star 0.2 UC – 2014

5 RMZ Galleria 0.33 UC – 2014

6 RMZ Latitude 0.23 UC – 2014

7 Brigade

Magnum 0.5 UC – 2014

Commercial Developments

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

1

3

6

7

5

4

2

Under-construction

Planned

Operational

10 km

radius

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name Distance

(Km)

Year of

Completion

8 Karle Town

Center 1.0 2015-16

9 MFAR Greenheart 0.9 2014

10 NCC Zenith 0.15 2014

11 Bhartiya City 1.0 2014-16

12 Hinduja Ecopolis 3.8 2014-16

13 Salarpuria

Galleria 0.33 2014

Commercial Developments

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

9

10

11

12

13

1

3

6

7

5

4

8

2

Under-construction

Planned

Operational

15 km

radius

10 km

radius

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name Distance

(Km)

Year of

Completion

8 Karle Town

Center 1.0 2015-16

9 MFAR Greenheart 0.9 2014

10 NCC Zenith 0.15 2014

11 Bhartiya City 1.0 2014-16

12 Hinduja Ecopolis 3.8 2014-16

13 Salarpuria

Galleria 0.33 2014

Commercial Developments

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

9

10

11

12

13

1

3

6

7

5

4

8

2

Under-construction

Planned

Operational

15 km

radius

10 km

radius

Ascendas IT

Park

Ozone Urbana

BIAL

DivyasSree

Mantri

Brigade Golden

Triangle

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name Distance

(Km)

Year of

Completion

8 Karle Town

Center 1.0 2015-16

9 MFAR Greenheart 0.9 2014

10 NCC Zenith 0.15 2014

11 Bhartiya City 1.0 2014-16

12 Hinduja Ecopolis 3.8 2014-16

13 Salarpuria

Galleria 0.33 2014

Commercial Developments

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

9

10

11

12

13

1

3

6

7

5

4

8

2

• Commercial developments currently focused

along key arterial roads of ORR / NH7

• Significant space currently under

development ~ approx. 7 – 8 mn sft is

expected to be added in the region over the

next 4 – 5 years

Under-construction

Planned

Operational

15 km

radius

10 km

radius

Ascendas IT

Park

Ozone Urbana

BIAL

DivyasSree

Mantri

Brigade Golden

Triangle

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name Distance

(Km)

Qualitative

comments

1 Movenpick 24 – 25 Premium hotel &

spa – 182 keys

2 Taj Vivanta 26 – 27 Premium hotel –

327 keys

3 Sheraton 27 – 28 Premium hotel –

230 keys

4 Howard

Johnson 16 – 17

Budget Hotel -

150 keys

5 Taj Vivanta 16 – 17 Premium airport

hotel – 320 keys

6 Marriott 26 – 28

Luxury hotel – 300

keys (part of

Prestige Golfshire)

7 Four Seasons

(City View) 24 – 25

Super Luxury hotel

– 237 keys

Hospitality

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

Operational

Planned

15 km

radius

10 km

radius

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name Distance

(Km)

Qualitative

comments

1 Movenpick 24 – 25 Premium hotel &

spa – 182 keys

2 Taj Vivanta 26 – 27 Premium hotel –

327 keys

3 Sheraton 27 – 28 Premium hotel –

230 keys

4 Howard

Johnson 16 – 17

Budget Hotel -

150 keys

5 Taj Vivanta 16 – 17 Premium airport

hotel – 320 keys

6 Marriott 26 – 28

Luxury hotel – 300

keys (part of

Prestige Golfshire)

7 Four Seasons

(City View) 24 – 25

Super Luxury hotel

– 237 keys

Hospitality

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

1

2 3

Operational

Planned

15 km

radius

10 km

radius

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name Distance

(Km)

Qualitative

comments

1 Movenpick 24 – 25 Premium hotel &

spa – 182 keys

2 Taj Vivanta 26 – 27 Premium hotel –

327 keys

3 Sheraton 27 – 28 Premium hotel –

230 keys

4 Howard

Johnson 16 – 17

Budget Hotel -

150 keys

5 Taj Vivanta 16 – 17 Premium airport

hotel – 320 keys

6 Marriott 26 – 28

Luxury hotel – 300

keys (part of

Prestige Golfshire)

7 Four Seasons

(City View) 24 – 25

Super Luxury hotel

– 237 keys

Hospitality

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

4

5

6

7

1

2 3

Operational

Planned

15 km

radius

10 km

radius

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NORTH BANGALORE REAL ESTATE OVERVIEW

# Name Distance

(Km)

Qualitative

comments

1 Movenpick 24 – 25 Premium hotel &

spa – 182 keys

2 Taj Vivanta 26 – 27 Premium hotel –

327 keys

3 Sheraton 27 – 28 Premium hotel –

230 keys

4 Howard

Johnson 16 – 17

Budget Hotel -

150 keys

5 Taj Vivanta 16 – 17 Premium airport

hotel – 320 keys

6 Marriott 26 – 28

Luxury hotel – 300

keys (part of

Prestige Golfshire)

7 Four Seasons

(City View) 24 – 25

Super Luxury hotel

– 237 keys

Hospitality

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

4

5

6

7

1

2 3

Leela

Urbana

Wyndham

Grand

Hyatt

Operational

Planned

15 km

radius

10 km

radius

Oberoi

Holiday Inn

Zuri

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# Name Distance

(Km)

Qualitative

comments

1 Movenpick 24 – 25 Premium hotel &

spa – 182 keys

2 Taj Vivanta 26 – 27 Premium hotel –

327 keys

3 Sheraton 27 – 28 Premium hotel –

230 keys

4 Howard

Johnson 16 – 17

Budget Hotel -

150 keys

5 Taj Vivanta 16 – 17 Premium airport

hotel – 320 keys

6 Marriott 26 – 28

Luxury hotel – 300

keys (part of

Prestige Golfshire)

7 Four Seasons

(City View) 24 – 25

Super Luxury hotel

– 237 keys

Hospitality

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

4

5

6

7

1

2 3

Leela

Urbana

Wyndham

Grand

Hyatt

Operational

Planned

• Hotels closer to Hardware Park set to

become operational over next 2 – 3 years

• Further addition of 6 hotels over the next 10

years to make the region an established

hospitality destination

15 km

radius

10 km

radius

Oberoi

Holiday Inn

Zuri

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On-ground pictures ~ real-estate projects (retail, commercial, hospitality)

NORTH BANGALORE REAL ESTATE OVERVIEW

Esteem Mall Manyata Business Park Prestige Star Mall

Brigade WTC, Orion Mall, Hotel

Sheraton Howard Johnson Hotel Four Seasons Hotel

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Projected growth of infrastructure development

SOCIAL INFRASTRUCTURE

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Projected growth of infrastructure development

SOCIAL INFRASTRUCTURE

Current scenario (2013)

Social infrastructure currently

focused in micro-markets to the

immediate north of city centre ~

Malleshwaram / Hebbal, etc.

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Projected growth of infrastructure development

SOCIAL INFRASTRUCTURE

3 years Later (2016)

Completion of few organized

retail malls, hotels, commercial

developments

Social infrastructure to evolve

in micro-markets of Yelahanka

/ Thanisandra through the

completion of currently under-

construction developments

Current scenario (2013)

Social infrastructure currently

focused in micro-markets to the

immediate north of city centre ~

Malleshwaram / Hebbal, etc.

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Projected growth of infrastructure development

SOCIAL INFRASTRUCTURE

3 years Later (2016)

Completion of few organized

retail malls, hotels, commercial

developments

Social infrastructure to evolve

in micro-markets of Yelahanka

/ Thanisandra through the

completion of currently under-

construction developments

5 years Later (2018)

Establishment of critical mass

through development of

industrial parks in Devanahalli

/ residential townships

Development of social

infrastructure provisioned as

part of large integrated

townships ~ increases over-all

social infra availability in North

Bangalore

Current scenario (2013)

Social infrastructure currently

focused in micro-markets to the

immediate north of city centre ~

Malleshwaram / Hebbal, etc.

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NORTH BANGALORE RESIDENTIAL OVERVIEW

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Hebbal, Jakkur & Sahakarnagar

NORTH BANGALORE RESIDENTIAL OVERVIEW

Hardware Park Distance (km) Driving Time (mins)

Hebbal 21 – 23 45 mins

Sahakarnagar /

Jakkur 18 – 20 45 mins

#Driving time indicative of peak traffic travel time

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Hebbal, Jakkur & Sahakarnagar

NORTH BANGALORE RESIDENTIAL OVERVIEW

Hardware Park Distance (km) Driving Time (mins)

Hebbal 21 – 23 45 mins

Sahakarnagar /

Jakkur 18 – 20 45 mins

Lake Terraces

Woodsman Estate

Pebble Bay

Esteem Gardenia

Lakeside Habitat

Alpine Pyramid

Completed Projects

Nitesh Central Park

#Driving time indicative of peak traffic travel time

Legacy Casero

VDB Celedon

Sobha Suburbia

Prestige Dorchester

Sobha Zircon

Century Breeze

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Hebbal, Jakkur & Sahakarnagar

NORTH BANGALORE RESIDENTIAL OVERVIEW

Hardware Park Distance (km) Driving Time (mins)

Hebbal 21 – 23 45 mins

Sahakarnagar /

Jakkur 18 – 20 45 mins

Lake Terraces

Equinox Water’s Edge

Misty Waters, Karle Town Centre

Woodsman Estate

RMZ

Latitude

Brigade Caladium

Century

Ethos

Pebble Bay

Esteem Gardenia

Lakeside Habitat

Alpine Pyramid

RMZ

Galleria

Under Construction/ Planned Projects Completed Projects

Hiranandani Glengate

Nitesh Central Park

Columbus

Square

Krishna

Shelton

#Driving time indicative of peak traffic travel time

Century Linea

Legacy Casero

VDB Celedon

Sobha Suburbia

Prestige Dorchester

Sobha Zircon

Century Breeze

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Hebbal, Jakkur & Sahakarnagar

NORTH BANGALORE RESIDENTIAL OVERVIEW

Hebbal ~ nodal point for development activities in North

• Witnessing significant activity since operation of new airport

• Developing into a prime location ~ offers high-end/ luxury apartments

by prominent Tier I developers;

Sahakarnagar / Jakkur ~ established residential locations;

Currently offers a mid to high end apartments

Hardware Park Distance (km) Driving Time (mins)

Hebbal 21 – 23 45 mins

Sahakarnagar /

Jakkur 18 – 20 45 mins

Lake Terraces

Equinox Water’s Edge

Misty Waters, Karle Town Centre

Woodsman Estate

RMZ

Latitude

Brigade Caladium

Century

Ethos

Pebble Bay

Esteem Gardenia

Lakeside Habitat

Alpine Pyramid

RMZ

Galleria

Under Construction/ Planned Projects Completed Projects

Apartment

Units C UC

Budgets

(INR Cr)

Hebbal

5,100

ADUs

4,400

ADUs

0.7 – 3.0

Sahakarnagar 0.5 – 1.0

Jakkur 0.4 – 0.8

Hiranandani Glengate

Nitesh Central Park

Columbus

Square

Krishna

Shelton

#Driving time indicative of peak traffic travel time

Century Linea

Legacy Casero

VDB Celedon

Sobha Suburbia

Prestige Dorchester

Sobha Zircon

Century Breeze

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Yelahanka & Doddaballapur Road

NORTH BANGALORE RESIDENTIAL OVERVIEW

Hardware Park Distance (km) Driving Time (mins)

Yelahanka 15 – 16 35 mins

Doddaballapur Rd 19 – 20 45 mins

#Driving time indicative of peak traffic travel time

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Yelahanka & Doddaballapur Road

NORTH BANGALORE RESIDENTIAL OVERVIEW

Zed Earth

Prestige

Oasis

Nagarjuna

Meadows

Purva

Venezia

Nagarjuna

Aster Park

Hardware Park Distance (km) Driving Time (mins)

Yelahanka 15 – 16 35 mins

Doddaballapur Rd 19 – 20 45 mins Completed Projects

#Driving time indicative of peak traffic travel time

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Yelahanka & Doddaballapur Road

NORTH BANGALORE RESIDENTIAL OVERVIEW

Ramky One North

Sriram Suhaana

Legacy Estilo

Zed Earth

RMZ

Galleria

Prestige

Oasis

Nagarjuna

Meadows

Purva

Venezia

Nagarjuna

Aster Park

Century

Wintersun

Welworth

City

Hardware Park Distance (km) Driving Time (mins)

Yelahanka 15 – 16 35 mins

Doddaballapur Rd 19 – 20 45 mins Under Construction/ Planned Projects Completed Projects

#Driving time indicative of peak traffic travel time

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Yelahanka & Doddaballapur Road

NORTH BANGALORE RESIDENTIAL OVERVIEW

Yelahanka is emerging as a self-sufficient residential hub

characterized largely by independent dwelling units with

moderate supply of mid-end apartments (33% share)

Doddaballapur road currently has significant supply of mid-end

apartments (67% share) with few villas and plotted layouts

Ramky One North

Sriram Suhaana

Legacy Estilo

Zed Earth

RMZ

Galleria

Prestige

Oasis

Nagarjuna

Meadows

Purva

Venezia

Nagarjuna

Aster Park

Century

Wintersun

Welworth

City

Hardware Park Distance (km) Driving Time (mins)

Yelahanka 15 – 16 35 mins

Doddaballapur Rd 19 – 20 45 mins

Apartment Units C UC Budgets

(INR Cr)

Yelahanka 5,600

ADUs

8,400

ADUs

0.3 – 1.0

Doddaballapur Rd 0.3 – 0.6

Under Construction/ Planned Projects Completed Projects

#Driving time indicative of peak traffic travel time

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NH7 & Sadahalli

Hardware Park Distance (km) Driving Time (mins)

Sadahalli 11 – 13 25 mins

#Driving time indicative of peak traffic travel time

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NH7 & Sadahalli

Mulberry Meadows

Hollywood town/ Swiss town

The Retreat

Beverly Park

Hardware Park Distance (km) Driving Time (mins)

Sadahalli 11 – 13 25 mins

Completed Projects

#Driving time indicative of peak traffic travel time

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NH7 & Sadahalli

Mulberry Meadows

Hollywood town/ Swiss town

The Retreat

Beverly Park

Century Istana

MGB Wall Street

Ferns Aspen

Meadows

Embassy

Boulevard

Nitesh

Napa

Valley

Century

Artisan

RMZ Saawan

The Grand

Palace

Hardware Park Distance (km) Driving Time (mins)

Sadahalli 11 – 13 25 mins

Under Construction/ Planned Projects Completed Projects

#Driving time indicative of peak traffic travel time

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Real estate activity is largely nascent in NH-7 (beyond

Yelahanka) and Sadahalli micro-markets

Developments are primarily off the NH7 characterized by

high-end villas and plots ~ preferred villa destination

NH7 & Sadahalli

Mulberry Meadows

Hollywood town/ Swiss town

The Retreat

Beverly Park

Century Istana

MGB Wall Street

Ferns Aspen

Meadows

Embassy

Boulevard

Nitesh

Napa

Valley

Century

Artisan

RMZ Saawan

The Grand

Palace

Hardware Park Distance (km) Driving Time (mins)

Sadahalli 11 – 13 25 mins

Villa Units C UC Budgets

(INR Cr)

Sadahalli 100

VDUs

1,200

VDUs 2 – 4

Under Construction/ Planned Projects Completed Projects

#Driving time indicative of peak traffic travel time

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IVC Road & Devanahalli

NORTH BANGALORE RESIDENTIAL OVERVIEW

Hardware Park Distance (km) Driving Time (mins)

IVC Road 10 – 12 20 mins

Devanahalli 14 – 16 25 mins

#Driving time indicative of peak traffic travel time; Note: V – villas; A - apartments

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IVC Road & Devanahalli

NORTH BANGALORE RESIDENTIAL OVERVIEW

Hoysala Broxia

Sobha Lifestyle

Hardware Park Distance (km) Driving Time (mins)

IVC Road 10 – 12 20 mins

Devanahalli 14 – 16 25 mins

Completed Projects

#Driving time indicative of peak traffic travel time; Note: V – villas; A - apartments

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IVC Road & Devanahalli

NORTH BANGALORE RESIDENTIAL OVERVIEW

L&W

Ozone Urbana

Hoysala Broxia

Brigade

Orchards

Sobha Lifestyle

Sobha Landscape,

Canvas

Prestige

Golfshire Nitesh

Plots

Hardware Park Distance (km) Driving Time (mins)

IVC Road 10 – 12 20 mins

Devanahalli 14 – 16 25 mins

Under Construction/ Planned Projects Completed Projects

Hiranandani

#Driving time indicative of peak traffic travel time; Note: V – villas; A - apartments

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IVC Road & Devanahalli

NORTH BANGALORE RESIDENTIAL OVERVIEW

IVC Road is primarily characterized by plotted layouts and a

few high-end villa developments

Devanahalli is nascent in terms of real estate activity and

has recently witnessed activity in terms of plotted layouts /

villas, etc. Brigade Orchards ~ a 100 acre integrated

township is expected to drive growth in Devanahalli

L&W

Ozone Urbana

Hoysala Broxia

Brigade

Orchards

Sobha Lifestyle

Sobha Landscape,

Canvas

Prestige

Golfshire Nitesh

Plots

Hardware Park Distance (km) Driving Time (mins)

IVC Road 10 – 12 20 mins

Devanahalli 14 – 16 25 mins

Residential

Units C UC

Budgets

(INR Cr)

IVC Road 170

(VDUs)

450 (VDUs)

1,800

(ADUs)

3.5 – 5 (V)

0.5 - 0.5

(A) Devanahalli

Under Construction/ Planned Projects Completed Projects

Hiranandani

#Driving time indicative of peak traffic travel time; Note: V – villas; A - apartments

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Thanisandra & Hennur

Hardware Park Distance (km) Driving Time (mins)

Thanisandra

18 – 19 30 mins

Hennur/ Horamaavu

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Thanisandra & Hennur

Mantri

Splendor

Krishna Northwoods

Legacy Celino

Hardware Park Distance (km) Driving Time (mins)

Thanisandra

18 – 19 30 mins

Hennur/ Horamaavu

Completed Projects

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Thanisandra & Hennur

Nikoo Homes

Sobha City Mantri

Webcity

Mantri

Splendor

Brigade

Altamont

Plama Heights

Krishna Northwoods

Legacy Celino Salarpuria Gold Summit

Hebron

Enclave

Prestige Augusta Golf Village

Hardware Park Distance (km) Driving Time (mins)

Thanisandra

18 – 19 30 mins

Hennur/ Horamaavu

Under Construction/ Planned Projects Completed Projects

#Driving time indicative of peak traffic travel time

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Growth driven by rapid expansion of Manyata Business

Park. Location currently offers mid-end apartments and IDUs

Region emerging as a key residential hub of North zone ~

large scale townships of Bhartiya City, Sobha City, Mantri

Web City, etc. currently under-development

Thanisandra & Hennur

Nikoo Homes

Sobha City Mantri

Webcity

Mantri

Splendor

Brigade

Altamont

Plama Heights

Krishna Northwoods

Legacy Celino Salarpuria Gold Summit

Hebron

Enclave

Prestige Augusta Golf Village

Hardware Park Distance (km) Driving Time (mins)

Thanisandra

18 – 19 30 mins

Hennur/ Horamaavu

Apartment Units C UC Budgets

(INR Cr)

Thanisandra 2,200

ADUs

7,200

ADUs 0.3 – 0.7

Hennur/ Horamaavu

Under Construction/ Planned Projects Completed Projects

#Driving time indicative of peak traffic travel time

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Old Madras Rd & Cargo Rd

Hardware Park Distance (km) Driving Time (mins)

Budhigere Cross

25 – 26 45 mins

Old Madras Road

#Driving time indicative of peak traffic travel time

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NORTH BANGALORE RESIDENTIAL OVERVIEW

Old Madras Rd & Cargo Rd

Pruska Silvana

GR Sun Villas

Hardware Park Distance (km) Driving Time (mins)

Budhigere Cross

25 – 26 45 mins

Old Madras Road

Completed Projects

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NORTH BANGALORE RESIDENTIAL OVERVIEW

Old Madras Rd & Cargo Rd

Prestige

Tranquility

Pruska Silvana

Prestige

Glenwood

Brigade

Exotica

GR Sun Villas

Brigade

Golden

Triangle

Pashmina Water Front

Hardware Park Distance (km) Driving Time (mins)

Budhigere Cross

25 – 26 45 mins

Old Madras Road

Under Construction/ Planned Projects Completed Projects

Pashmina Brookwoods

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NORTH BANGALORE RESIDENTIAL OVERVIEW

Old Madras Road ~ traditionally an industrial location has

been witnessing real estate activity over last 3 – 4 years.

Development profile ranges from mid-end to upper mid-end

apartments.

Cargo Road, being a secondary access to the airport and the

KIADB industrial parks, is an upcoming residential vector with

few developments by Tier 1 & 2 developers

Old Madras Rd & Cargo Rd

Prestige

Tranquility

Pruska Silvana

Prestige

Glenwood

Brigade

Exotica

GR Sun Villas

Brigade

Golden

Triangle

Pashmina Water Front

Hardware Park Distance (km) Driving Time (mins)

Budhigere Cross

25 – 26 45 mins

Old Madras Road

Apartments Units C UC Budgets

(INR Cr)

Budhigere Cross

- 3,800

DUs

0.3 – 0.6

Old Madras Road 0.5 – 1.5

Under Construction/ Planned Projects Completed Projects

Pashmina Brookwoods

#Driving time indicative of peak traffic travel time

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# Budget

Segments Qualitative Feedback

Availability *

(currently being marketed)

1 INR 0.4 – 1

Cr

Dominant segment in North Bangalore; Primarily apartments

with minimal row houses

Approx. 80 developments

currently being marketed (15 –

20 from Grade-A developers)

2 INR 1 – 2 Cr

Developments primarily located along key arterial roads (NH7,

NH4, ORR)

Primarily apartments with a few villa developments along

Doddaballapur road

Approx. 12 – 15 apartments

and 8 – 10 villas

3 INR 2 – 3 Cr

This segment primarily constitutes villas with a few luxury

apartments

Apartments are located in Hebbal along the NH7 while villas

are along Doddaballapur road

Approx. 10 villas and 5

apartments

4 > INR 3 Cr Constitutes luxury apartments & villas that are concentrated

along the NH7

Approx. 10 villas and 3

apartments

5 Rental

INR 15,000 – 30,000 / month

INR 30,000 – 60,000 / month

> INR 60,000 / month

Over 30 developments in INR

15k – 60k segment; Approx. 5

developments in >INR 60k

segments

6 Plots

Key vectors for plotted activity ~ Devanahalli and IVC Road

Supply primarily from local small-scale land aggregators with

new launches of superior quality witnessed from organized

players

Approx. 10 – 15 plotted

developments (approx. 3 – 4

from Grade-A developers)

Representative projects ~ Snapshot

*Note: For the purpose of this study, only prominent projects across each budget segment has been illustrated in the following slides

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NORTH BANGALORE RESIDENTIAL OVERVIEW

Key residential projects ~ Budgets INR 0.4 – 1 Cr & Rentals INR 15,000 – 30,000 per month

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute mid to high-end

apartments developed by Tier I & II

developers (Sobha, Century, etc.)

Amenities typically include a gym,

swimming pool, etc.

Adequate availability of developments

in this rental segment ~ albeit

concentrated in Hebbal, Yelahanka,

Thanisandra micro-markets

1

2

3

4

5

6

7

8

9

1 0

1 1

1 3

Beverly Park

Brigade

Altamont

Divyasree Nest

Krishna

Shelton

Hoysala

Broxia

Plama Heights

Century

Saras

Maxworth Meridian

VDB

Celedon

Sriram

Suhaana

Ramky

One North

Nitesh Columbus Square

Century Linea

Prestige Misty Waters

Nikoo Homes

Sobha City

Mantri

Webcity

Ozone Urbana

Hiranandani Upscale

Prestige

Tranquility

Pruska

Silvana

For sale

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NORTH BANGALORE RESIDENTIAL OVERVIEW

Key residential projects ~ Budgets INR 0.4 – 1 Cr & Rentals INR 15,000 – 30,000 per month

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute mid to high-end

apartments developed by Tier I & II

developers (Sobha, Century, etc.)

Amenities typically include a gym,

swimming pool, etc.

Adequate availability of developments

in this rental segment ~ albeit

concentrated in Hebbal, Yelahanka,

Thanisandra micro-markets

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Key residential projects ~ Budgets INR 0.4 – 1 Cr & Rentals INR 15,000 – 30,000 per month

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute mid to high-end

apartments developed by Tier I & II

developers (Sobha, Century, etc.)

Amenities typically include a gym,

swimming pool, etc.

Adequate availability of developments

in this rental segment ~ albeit

concentrated in Hebbal, Yelahanka,

Thanisandra micro-markets

For rental

3

9

6

7

8

1 3

1 7

1 6

1 2

1 0

Godrej

Woodman

Estate

Alpine

Pyramid

Nagarjuna

Aster Park

Prestige Monte

Carlo

Purva Venezia Sobha

Zircon

Sobha Crysanthamum

Mantri Astra

Jain Heights

Sobha Coral

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Key residential projects ~ Budgets INR 1 – 2 Cr & Rentals INR 30,000 – 60,000 per month

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute high-end

apartments developed by Tier I & II

developers (Sobha, Century, etc.)

Amenities typically include full-fledged

club house with in-door facilities

Moderate availability of developments

in this rental segment

1

2

3

5

6

7

8

9

1 0

Legacy

Celino

Vajram

Orchid

Lake Drive

Prestige

Garden Bay

Legacy Estilo

Karle

Zenith

RMZ

Galleria

Mulberry

Meadows

Prestige

Glenwood Sun Villas

Brigade

Exotica

Salarpuria

Magnificia For sale

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168 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Key residential projects ~ Budgets INR 1 – 2 Cr & Rentals INR 30,000 – 60,000 per month

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute high-end

apartments developed by Tier I & II

developers (Sobha, Century, etc.)

Amenities typically include full-fledged

club house with in-door facilities

Moderate availability of developments

in this rental segment

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169 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Key residential projects ~ Budgets INR 1 – 2 Cr & Rentals INR 30,000 – 60,000 per month

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute high-end

apartments developed by Tier I & II

developers (Sobha, Century, etc.)

Amenities typically include full-fledged

club house with in-door facilities

Moderate availability of developments

in this rental segment

Sobha

Petunia

Regency

Magnum

Brigade

Paramount

Sobha

Emerald

Century Corbel

Sterling Park

Hollywood & Swiss

Town

Mulberry

Meadows

GR Sun Villas

For rental

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170 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Key residential projects ~ Budgets INR 2 – 3 Cr & Rentals > INR 60,000

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute high-end villas /

apartments developed by Tier I

developers (Sobha, Prestige, etc.)

Amenities typically include full-fledged

club house with in-door and out-door

sports facilities

Minimal availability of developments

in this rental segment

For sale

1

2

3

4

6

7

8

9

1 0

1 1

1 2

QVC Hills

Century

Wintersun

ZED Earth

The Retreat

Hiranandani

Upscale Brigade

Orchards

Kent Novelle

Krishna

Northwoods

Century Ethos

Brigade

Caladium

Godrej

Platinum

Equinox

Waters Edge

Page 171: CBRE Mkt Research Rpt - Shell - North - 120913

171 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Key residential projects ~ Budgets INR 2 – 3 Cr & Rentals > INR 60,000

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute high-end villas /

apartments developed by Tier I

developers (Sobha, Prestige, etc.)

Amenities typically include full-fledged

club house with in-door and out-door

sports facilities

Minimal availability of developments

in this rental segment

Page 172: CBRE Mkt Research Rpt - Shell - North - 120913

172 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Key residential projects ~ Budgets INR 2 – 3 Cr & Rentals > INR 60,000

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Hennur

Doddaballapur

Whitefield

15 km

radius

10 km

radius

Primarily constitute high-end villas /

apartments developed by Tier I

developers (Sobha, Prestige, etc.)

Amenities typically include full-fledged

club house with in-door and out-door

sports facilities

Minimal availability of developments

in this rental segment

For rental

Legacy

Dimora

Sobha

Lifestyle

Prestige

Golfshire

Prestige

Oasis

Lakeside Habitat

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173 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Yelahanka

Whitefield

NORTH BANGALORE RESIDENTIAL OVERVIEW

Key residential projects ~ Budgets above INR 3 Cr

1

3

2

4

5

6

7

8

9

1 0

1 1

Prestige

Oasis

15 km

radius

10 km

radius

Unitech

Aranya

Napa

Valley

Sobha

Lifestyle

Century

Istana

Embassy

Boulevard

RMZ

Saawan

Legacy

Cirocco

Century

Avalon

RMZ

Latitude

Lake

Terraces

Hebron

Enclave

Primarily constitute luxury villas /

apartments developed by Tier I

developers (Sobha, Prestige, etc.)

Residences are typically air-

conditioned and offers premium

International fittings with

customization options

Amenities include concierge services,

a club house managed by a reputed

operator, etc.

Page 174: CBRE Mkt Research Rpt - Shell - North - 120913

174 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Prominent Residential Plots

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Doddaballapur

Whitefield

Yelahanka

# Name Price (INR / sft)

1 Sobha Landscape 3,670

2 Sobha Canvas* 3,500

3 Hollywood Town /

Swiss Town* 3,000

4 MGB Wall Street 2,300

5 Nitesh Long Island 2,000

6 Ferns Aspen Meadows 2,000

7 Woods Enclave* 2,000

8 Gopalan Layout 1,650

9 Shri Hari Orchids 1,300

10 Maxworth Realty# 1,200

* Sold out projects; Plots available for resale

# Significant plotted activity witnessed along the IVC road ~

primarily from local small-scale developers

Nandi Hills

Hennur

Mahadeva

Kodigehalli

Operational Planned

15 km

radius

10 km

radius

Page 175: CBRE Mkt Research Rpt - Shell - North - 120913

175 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Prominent Residential Plots

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Doddaballapur

Whitefield

Yelahanka

# Name Price (INR / sft)

1 Sobha Landscape 3,670

2 Sobha Canvas* 3,500

3 Hollywood Town /

Swiss Town* 3,000

4 MGB Wall Street 2,300

5 Nitesh Long Island 2,000

6 Ferns Aspen Meadows 2,000

7 Woods Enclave* 2,000

8 Gopalan Layout 1,650

9 Shri Hari Orchids 1,300

10 Maxworth Realty# 1,200

* Sold out projects; Plots available for resale

# Significant plotted activity witnessed along the IVC road ~

primarily from local small-scale developers

Nandi Hills

Hennur

Mahadeva

Kodigehalli

Operational Planned

15 km

radius

10 km

radius

Page 176: CBRE Mkt Research Rpt - Shell - North - 120913

176 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Prominent Residential Plots

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Doddaballapur

Whitefield

Yelahanka

# Name Price (INR / sft)

1 Sobha Landscape 3,670

2 Sobha Canvas* 3,500

3 Hollywood Town /

Swiss Town* 3,000

4 MGB Wall Street 2,300

5 Nitesh Long Island 2,000

6 Ferns Aspen Meadows 2,000

7 Woods Enclave* 2,000

8 Gopalan Layout 1,650

9 Shri Hari Orchids 1,300

10 Maxworth Realty# 1,200

* Sold out projects; Plots available for resale

# Significant plotted activity witnessed along the IVC road ~

primarily from local small-scale developers

Nandi Hills

Hennur

Mahadeva

Kodigehalli

Operational Planned

15 km

radius

10 km

radius

Page 177: CBRE Mkt Research Rpt - Shell - North - 120913

177 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Prominent Residential Plots

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Doddaballapur

Whitefield

Yelahanka

# Name Price (INR / sft)

1 Sobha Landscape 3,670

2 Sobha Canvas* 3,500

3 Hollywood Town /

Swiss Town* 3,000

4 MGB Wall Street 2,300

5 Nitesh Long Island 2,000

6 Ferns Aspen Meadows 2,000

7 Woods Enclave* 2,000

8 Gopalan Layout 1,650

9 Shri Hari Orchids 1,300

10 Maxworth Realty# 1,200

1

2

8

6

4

1 0

7

3

9

* Sold out projects; Plots available for resale

# Significant plotted activity witnessed along the IVC road ~

primarily from local small-scale developers

Nandi Hills

Hennur

Mahadeva

Kodigehalli

Goldline Residency

Operational Planned

15 km

radius

10 km

radius

Sobha

Landscape

Sobha

Canvas

Swiss Town/

Hollywood

town

Woods

Enclave Ferns

Aspen

Meadows

MGB WallStreet

Gopalan

Layout

Sri Hari

Orchids

Page 178: CBRE Mkt Research Rpt - Shell - North - 120913

178 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Prominent Residential Plots

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Doddaballapur

Whitefield

Yelahanka

# Name Price (INR / sft)

1 Sobha Landscape 3,670

2 Sobha Canvas* 3,500

3 Hollywood Town /

Swiss Town* 3,000

4 MGB Wall Street 2,300

5 Nitesh Long Island 2,000

6 Ferns Aspen Meadows 2,000

7 Woods Enclave* 2,000

8 Gopalan Layout 1,650

9 Shri Hari Orchids 1,300

10 Maxworth Realty# 1,200

1

2

5

8

6

4

1 0

7

3

9

* Sold out projects; Plots available for resale

# Significant plotted activity witnessed along the IVC road ~

primarily from local small-scale developers

Nandi Hills

Century

Artisan

Hennur

Mahadeva

Kodigehalli

LGCL One Street

Goldline Residency

Operational Planned

15 km

radius

10 km

radius

Sobha

Landscape

Sobha

Canvas

Swiss Town/

Hollywood

town

Woods

Enclave Ferns

Aspen

Meadows

MGB WallStreet

Gopalan

Layout

Sri Hari

Orchids

Page 179: CBRE Mkt Research Rpt - Shell - North - 120913

179 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Prominent Residential Plots

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Doddaballapur

Whitefield

Yelahanka

# Name Price (INR / sft)

1 Sobha Landscape 3,670

2 Sobha Canvas* 3,500

3 Hollywood Town /

Swiss Town* 3,000

4 MGB Wall Street 2,300

5 Nitesh Long Island 2,000

6 Ferns Aspen Meadows 2,000

7 Woods Enclave* 2,000

8 Gopalan Layout 1,650

9 Shri Hari Orchids 1,300

10 Maxworth Realty# 1,200

1

2

5

8

6

4

1 0

7

3

9

* Sold out projects; Plots available for resale

# Significant plotted activity witnessed along the IVC road ~

primarily from local small-scale developers

Nandi Hills

Century

Artisan

Hennur

Mahadeva

Kodigehalli

LGCL One Street

Goldline Residency

Operational Planned

15 km

radius

10 km

radius

Sobha

Landscape

Sobha

Canvas

Swiss Town/

Hollywood

town

Woods

Enclave Ferns

Aspen

Meadows

MGB WallStreet

Nitesh Long

Island

Gopalan

Layout

Sri Hari

Orchids

Page 180: CBRE Mkt Research Rpt - Shell - North - 120913

180 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Prominent Residential Plots

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Bagalur

Budigere

CBD

Hebbal

Thanisandra

KR Puram

SH35

Yelahanka

New Town

Shettigere

Doddaballapur

Whitefield

Yelahanka

# Name Price (INR / sft)

1 Sobha Landscape 3,670

2 Sobha Canvas* 3,500

3 Hollywood Town /

Swiss Town* 3,000

4 MGB Wall Street 2,300

5 Nitesh Long Island 2,000

6 Ferns Aspen Meadows 2,000

7 Woods Enclave* 2,000

8 Gopalan Layout 1,650

9 Shri Hari Orchids 1,300

10 Maxworth Realty# 1,200

1

2

5

8

6

4

1 0

7

3

9

* Sold out projects; Plots available for resale

# Significant plotted activity witnessed along the IVC road ~

primarily from local small-scale developers

Nandi Hills

Century

Artisan

Hennur

Mahadeva

Kodigehalli

LGCL One Street

Goldline Residency

Operational Planned

• Key vectors for plotted activity ~ Devanahalli

and IVC Road

• Supply primarily from local small-scale land

aggregators

• Region is witnessing new launches of

superior quality from organized players

15 km

radius

10 km

radius

Sobha

Landscape

Sobha

Canvas

Swiss Town/

Hollywood

town

Woods

Enclave Ferns

Aspen

Meadows

MGB WallStreet

Nitesh Long

Island

Gopalan

Layout

Sri Hari

Orchids

Page 181: CBRE Mkt Research Rpt - Shell - North - 120913

181 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

Page 182: CBRE Mkt Research Rpt - Shell - North - 120913

182 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

North Bangalore currently has 17,000

completed apartment units and 32,000

under-construction units

Page 183: CBRE Mkt Research Rpt - Shell - North - 120913

183 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

Ozone Urbana ~ 180 acres

Ozone

North Bangalore currently has 17,000

completed apartment units and 32,000

under-construction units

Page 184: CBRE Mkt Research Rpt - Shell - North - 120913

184 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

Ozone Urbana ~ 180 acres Brigade Orchards ~120 acres

Ozone

Brigade

North Bangalore currently has 17,000

completed apartment units and 32,000

under-construction units

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185 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

Ozone Urbana ~ 180 acres Brigade Orchards ~120 acres

Ozone

Brigade

Mantri

Mantri Webcity ~ 40 acres

North Bangalore currently has 17,000

completed apartment units and 32,000

under-construction units

Page 186: CBRE Mkt Research Rpt - Shell - North - 120913

186 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

Ozone Urbana ~ 180 acres Brigade Orchards ~120 acres

Sobha City ~ 55 acres

Ozone

Sobha

Brigade

Mantri

Mantri Webcity ~ 40 acres

North Bangalore currently has 17,000

completed apartment units and 32,000

under-construction units

Page 187: CBRE Mkt Research Rpt - Shell - North - 120913

187 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

Ozone Urbana ~ 180 acres

Karle Town Centre ~ 72 acres

Brigade Orchards ~120 acres

Sobha City ~ 55 acres

Ozone

Sobha

Karle

Brigade

Mantri

Mantri Webcity ~ 40 acres

North Bangalore currently has 17,000

completed apartment units and 32,000

under-construction units

Page 188: CBRE Mkt Research Rpt - Shell - North - 120913

188 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

Ozone Urbana ~ 180 acres

Karle Town Centre ~ 72 acres

Brigade Orchards ~120 acres

Sobha City ~ 55 acres

Bhartiya City ~ 125 acres

Ozone

Bhartiya

Sobha

Karle

Brigade

Mantri

Mantri Webcity ~ 40 acres

North Bangalore currently has 17,000

completed apartment units and 32,000

under-construction units

Page 189: CBRE Mkt Research Rpt - Shell - North - 120913

189 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

NORTH BANGALORE RESIDENTIAL OVERVIEW

Upcoming large residential townships (next 5 years)

Ozone Urbana ~ 180 acres

Karle Town Centre ~ 72 acres

Brigade Orchards ~120 acres

Sobha City ~ 55 acres

Bhartiya City ~ 125 acres

Ozone

Bhartiya

Sobha

Karle

Brigade

Mantri

Mantri Webcity ~ 40 acres

North Bangalore currently has 17,000

completed apartment units and 32,000

under-construction units

Growth in residential segment in North

Bangalore to be driven by under-construction

residential townships and land banks held by

prominent developers (approx. 1,800 acres)

Page 190: CBRE Mkt Research Rpt - Shell - North - 120913

CONCLUSION

North Bangalore Summary

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191 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Conclusion

NORTH BANGALORE SUMMARY

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192 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Conclusion

NORTH BANGALORE SUMMARY

North

Bangalore

Summary

Social

Infrastructure Real Estate

Segments

(Commercial,

Retail,

Hospitality)

Residential

market

(Leasing)

Economic

drivers

Physical

Infrastructure

Residential

market (Sale)

Page 193: CBRE Mkt Research Rpt - Shell - North - 120913

193 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Conclusion

NORTH BANGALORE SUMMARY

North

Bangalore

Summary

Social

Infrastructure Real Estate

Segments

(Commercial,

Retail,

Hospitality)

Residential

market

(Leasing)

Economic

drivers

Physical

Infrastructure

Residential

market (Sale)

Currently lacks social/ support infrastructure,

however large scale activity planned

Page 194: CBRE Mkt Research Rpt - Shell - North - 120913

194 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Conclusion

NORTH BANGALORE SUMMARY

North

Bangalore

Summary

Social

Infrastructure Real Estate

Segments

(Commercial,

Retail,

Hospitality)

Residential

market

(Leasing)

Economic

drivers

Physical

Infrastructure

Residential

market (Sale)

Currently lacks social/ support infrastructure,

however large scale activity planned

Prominent commercial, retail

and hospitality developments

are under construction ~ to

meet the need gap that

would arise from on-going

economic drivers

Page 195: CBRE Mkt Research Rpt - Shell - North - 120913

195 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Conclusion

NORTH BANGALORE SUMMARY

North

Bangalore

Summary

Social

Infrastructure Real Estate

Segments

(Commercial,

Retail,

Hospitality)

Residential

market

(Leasing)

Economic

drivers

Physical

Infrastructure

Residential

market (Sale)

Currently lacks social/ support infrastructure,

however large scale activity planned

Moderate availability of

‘completed’ Grade A

apartments/ villas currently.

Significant supply currently

under construction to provide

sufficient rental options

Prominent commercial, retail

and hospitality developments

are under construction ~ to

meet the need gap that

would arise from on-going

economic drivers

Page 196: CBRE Mkt Research Rpt - Shell - North - 120913

196 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Conclusion

NORTH BANGALORE SUMMARY

North

Bangalore

Summary

Social

Infrastructure Real Estate

Segments

(Commercial,

Retail,

Hospitality)

Residential

market

(Leasing)

Economic

drivers

Physical

Infrastructure

Residential

market (Sale)

North Bangalore has witnessed an average annual supply of

approx.10,000 units since 2011. Planned residential and

integrated townships to further augment the change in image

profile of North

Currently lacks social/ support infrastructure,

however large scale activity planned

Moderate availability of

‘completed’ Grade A

apartments/ villas currently.

Significant supply currently

under construction to provide

sufficient rental options

Prominent commercial, retail

and hospitality developments

are under construction ~ to

meet the need gap that

would arise from on-going

economic drivers

Page 197: CBRE Mkt Research Rpt - Shell - North - 120913

197 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Conclusion

NORTH BANGALORE SUMMARY

Pro-active Government initiatives has

promoted parks to attracted

prominent firms specializing in

manufacturing, R&D, BPO/ KPO,

financial services, etc. ~ major

economic drivers

North

Bangalore

Summary

Social

Infrastructure Real Estate

Segments

(Commercial,

Retail,

Hospitality)

Residential

market

(Leasing)

Economic

drivers

Physical

Infrastructure

Residential

market (Sale)

North Bangalore has witnessed an average annual supply of

approx.10,000 units since 2011. Planned residential and

integrated townships to further augment the change in image

profile of North

Currently lacks social/ support infrastructure,

however large scale activity planned

Moderate availability of

‘completed’ Grade A

apartments/ villas currently.

Significant supply currently

under construction to provide

sufficient rental options

Prominent commercial, retail

and hospitality developments

are under construction ~ to

meet the need gap that

would arise from on-going

economic drivers

Page 198: CBRE Mkt Research Rpt - Shell - North - 120913

198 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Conclusion

NORTH BANGALORE SUMMARY

Pro-active Government initiatives has

promoted parks to attracted

prominent firms specializing in

manufacturing, R&D, BPO/ KPO,

financial services, etc. ~ major

economic drivers

North

Bangalore

Summary

Social

Infrastructure Real Estate

Segments

(Commercial,

Retail,

Hospitality)

Residential

market

(Leasing)

Economic

drivers

Physical

Infrastructure

Residential

market (Sale)

North Bangalore has witnessed an average annual supply of

approx.10,000 units since 2011. Planned residential and

integrated townships to further augment the change in image

profile of North

Currently lacks social/ support infrastructure,

however large scale activity planned

Moderate availability of

‘completed’ Grade A

apartments/ villas currently.

Significant supply currently

under construction to provide

sufficient rental options

Prominent commercial, retail

and hospitality developments

are under construction ~ to

meet the need gap that

would arise from on-going

economic drivers

Infrastructure superior as compared

to other zones in the city

NH-7 road improvement, elevated

expressway, flyovers to reduce the

travel time to the airport and thus

Hardware Park

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CASE STUDIES OF REPRESENTATIVE PROJECTS

INTEGRATED DEVELOPMENTS & RESIDENTIAL TOWNSHIPS

RESIDENTIAL DEVELOPMENTS

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CASE STUDIES OF REPRESENTATIVE PROJECTS

# INR 0.4 – 1 Cr

1 Bhartiya City

2 Sobha City

3 Ozone Urbana

4 Nitesh Columbus

Square

5 Pruska Silvana

NH-7

ORR

NH4

NH207

SH104

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Bagalur

Budigere

CBD

Hebbal

KR Puram

SH35

Yelahanka

New Town

Hennur

Shettigere

Whitefield

Yelahanka

1 Bhartiya City

2 Sobha City

3

Ozone

Urbana

4

Nitesh Columbus

Square

5

Pruska

Silvana

6

Karle

Zenith

7

RMZ

Galleria

8

Prestige

Glenwood

9

Brigade

Orchards

10

Brigade

Caladium

11 Godrej Platinum

12

Zed Earth

13 Embassy Lake Terraces

14 RMZ Latitude

15

Embassy

Boulevard

16

Sobha

Lifestyle

# INR 1 – 2 Cr

6 Karle Zenith

7 RMZ Galleria

8 Prestige Glenwood

# INR 2 – 3 Cr

9 Brigade Orchards

10 Brigade Caladium

11 Godrej Platinum

12 Zed Earth

# > INR 3 Cr

13 Embassy Lake

Terraces

14 RMZ Latitude

15 Embassy

Boulevard

16 Sobha Lifestyle

Integrated developments

Apartments

Villas/ Row houses

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Project Overview

BHARTIYA CITY

Entire development expected to be approx. 125

Acres ~ to be divided as Northern Region (Phase

1~ 74 acres) and Southern Region (Phase 2 ~

51 acres) by the proposed Peripheral Ring Road

Northern Region (Phase I)

Residential Approx. 2,280 units

Commercial 3.7 mn sft

Retail + Leela Convention

Centre 2.7 mn sft

Leela Hotel 250 keys

Branded Residences (Leela) 148 units

Southern Region (Phase II)

Residential Approx. 2,000 units

Hospital -

School -

*Southern Portion ( Phase 2) is in the planning stages & no details

available

Apartments

Retail Mall;

Hotels;

Branded

Residences;

Convention

Centre;

Financial

District

Commercial ~

IT/ITeS

Northern Portion

(Phase 1)

Schools;

Residences;

Market Bazaars

Schools;

Residences;

Market

Bazaars

Hotels;

Residences

Southern Portion

(Phase 2)

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Nikoo Homes – Residential Overview

BHARTIYA CITY

Parameters Particulars

Budget Segment (INR Cr) 0.4 – 1.0

Location Thanisandra Main Road

Land area (acres) 125 (overall

development)

Project Status Land Development

Format Apartments

Launch Year Phase I – 2012

Phase II & III – 2013

Completion Year Phase I – 2015

Phase II - 2016

Total no. of Units 2,280 (Units launched)

Launch Price (INR per sft) 3,700

Current Price (INR per sft) 4,420

Availability 10%

Distance from Hardware Park (km) 13 - 15 km

Distance from Hebbal (km) 9 - 11 km

Configuration Unit size (sft)

1 BHK 781

2/ 2.5 BHK 1,034 – 1,283

3/ 3.5 BHK 1,573 – 1,948

4 BHK (Penthouse) 2,500

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Nikoo Homes – Amenities and Specifications

BHARTIYA CITY

Amenities

300 Gardens of different character

Lobby garden with a variety of theme gardens, swimming

pools, barbeque corners and themed courtyards

The private deck for dining

Black Swan (Club house) A rooftop Al Fresco restaurant with

music rooms, infinity pool, guess rooms and spa

Cinema pods which could be used for private screening

Pre-school cycling tracks

Sports pitch with multi-purpose courts, tennis courts, etc.

Specifications

Italian furniture solutions

Vitrified tile flooring for foyer, living, dining and all bedrooms

Bathrooms with Parryware/ Hindware and Jaguar fittings

Round the clock security with CCTV coverage

Provision for split AC points in living and bedrooms

100% power backup for all apartments

Bhartiya City ~ Commercial

Bhartiya City ~ Commercial

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Project Overview

SOBHA CITY

Mediterranean themed residential township

consisting of various formats of residential

dwelling units catering to different

segments.

Aristos, Row

Houses

Club House

Mykonos,

Luxury

apartments

Casa Paradiso,

Super luxury

apartments

Casa Serenita,

Luxury apartments

Santorini,

Luxury

Apartments

Ongoing developments

Aristos, Row Houses 28 units

Casa Paradiso, Super luxury

apartments 74 units

Casa Serenita, luxury apartments 126 units

Mykonos, Luxury apartments 224 units

Santorini, Luxury Apartments 455 units

Club House 60,000 sft

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Residential Overview

SOBHA CITY

Parameters Particulars

Budget Segment (INR Cr) 0.7-1.1

Location Thanisandra Main Road

Land area (acres) 36 acres

Project Status Under Construction

Format Apartments

Launch Year Phase I – 2012

Phase II- 2013

Completion Year Phase I – 2015

Phase II - 2016

Total no. of Units 1,762 (879 units launched)

Launch Price (per sft) 3,928

Current Price (per sft) 5,375

Availability 55%

Distance from Hardware Park (km) 12-14 km

Distance from Hebbal (km) 8-10 km

Configuration Unit size (sft)

2 BHK 1,374 – 1,519

3 BHK 1,564 – 2,193

4BHK Row houses 3,735 – 3,764

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Amenities and Specifications

SOBHA CITY

Amenities

Sculpture Crèche and indoor children play area

Saloon, Spa, gymnasium, Multi purpose halls, restaurant and

café

Le Bella Vita (Club House) includes guest rooms for visitors

Clinics, Badminton courts, Squash courts and other outdoor

activities

Sobha City ~ Entrance arch

Sobha City ~ Luxury Apartments

Specifications

Laminated wooden flooring for master bedrooms

Provision for split AC in all living and bedrooms

Textured and plastic emulsion paints for internal walls

Generator power back up of 1 KW

Covered car park

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Project Overview

OZONE URBANA

Total land area ~ approx. 158 Acres

Residential ~ 91 Acres

Commercial & other support components (viz.

School, Hospital, Retail Mall, Serviced

Apartments, Senior Living Community) ~ 67 Ac

Three formats of residential viz. apartments,

villas and plots are a part of the development;

Ongoing developments

Apartments 312 units

Villas 176 units

Plots 480 plots

Planned developments

Apartments 136 units

Villaments 170 units

Commercial/ ITeS 25 acres

Hospital 250 beds

School 4 acres

Retail mall 120,000 sft

Serviced apartments NA

Senior living community NA

Star

Hotel

Main Entrance

Retail Mall

Serviced

Apartments

Management

Office

Hospital

Future

Development

IT/ITeS

Commercial

School

Apartments

Senior

Living

Community

Plots

Villaments

Villas

Apartments

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Residential Overview

OZONE URBANA

Parameters Particulars

Budget Segment (INR Cr) 0.34-0.44

Location NH-7

Land area (acres) 150 (Overall

development)

Project Status Land Development

Format Apartments

Launch Year 2011

Completion Year 2014

Total no. of Units 312 (apartments launched)

Launch Price (per sft) 2,750

Current Price (per sft) 3,540

Availability 10%

Distance from Hardware Park (km) 12 - 14 km

Distance from Hebbal (km) 19 - 21 km

Configuration

(apartments) Unit size (sft)

2 BHK 994

3 BHK 1182

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Amenities and Specifications

OZONE URBANA

Amenities

Large landscaped areas including bicycle track, amphitheater,

skating rink , swimming pool

Club house facilities include Alfresco dining, bowling alley,

steam sauna and Jacuzzi, café , lounge bar etc.

World class gymnasium and multi-purpose hall for parties and

soirees

Specifications

Vitrified tile flooring for foyer, living, dining and all bedrooms

Superior quality anti-skid ceramic tile flooring

Anodized/ powder coated aluminum ventilators with

translucent glass

Hard wood door frame with designer flush doors polished

finish

AC points in master bedroom

Projected view- Apartments

Projected view- Apartments

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Residential Overview

NITESH COLUMBUS SQUARE

Parameters Particulars

Budget Segment (INR Cr) 0.4 – 1.0

Location Bagalur Main Road

Land area (acres) NA

Project Status Under Construction

Format Apartments

Launch Year 2010

Completion Year 2013

Total no. of Units 390

Launch Price (per sft) 3,100

Current Price (per sft) 4,600

Availability Approx. 20%

Distance from Hardware Park (km) 8 - 10 km

Distance from Hebbal (km) 10 - 12 km

Configuration Unit size (sft)

2 BHK 1,230

3 BHK/ Penthouse 1,495 – 2,225

4 BHK Penthouse 2,765

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Amenities and Specifications

NITESH COLUMBUS SQUARE

Amenities

Long landscaped terrace garden called the ‘Sky garden’

Pre-Gold IGBC Certification

Multi leveled club house with banquet hall, lounge area and

multipurpose hall

Sports facilities such as Indoor games room, Badminton and

squash court, tennis court and dribble court

Gymnasium and swimming pool

Amphitheater, Children’s play area, reflexology garden

Multi leveled Club House

Pool view

Specifications

AC points in master bedroom and provision for split AC in

other bedrooms and living area

Doors with polished teakwood frame with BST designer door

shutter

Three track anodized aluminum sliding windows

Vitrified tiles for all areas and ceramic tiled flooring for

balconies and toilets

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Residential Overview

PRUSKA SILVANA

Parameters Particulars

Budget Segment (INR Cr) 0.4 – 1.0

Location Off Budhigere road

Land area (acres) 26

Project Status Construction complete

Format Villas, Row houses

Launch Year 2010

Completion Year 2013

Total no. of Units 438

Launch Price (INR per sft) NA

Current Price (INR per sft) 6,000

Availability 30%

Distance from Hardware Park (km) 18 – 20 km

Distance from Hebbal (km) 25 – 27km

Configuration Unit size (sft)

3/ 3.5 BHK 1,232 - 1,632

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Amenities and Specifications

PRUSKA SILVANA

Amenities

Clubhouse with gym, snooker, snack bar, table tennis,

multipurpose hall and convenience store

Swimming pool along with toddler pool

Tennis, badminton and basketball courts

Civic amenities such as theme parks, jogging track, lawns and

visitors car park

Club house – swimming pool

Row houses

Specifications

Varied specifications for villas and row houses. Below mentioned is

for the villas:

Brass antique door fittings

Vitrified tile flooring

AC points in living and bedrooms

Sanitary fittings of American standard

Terracotta tiled terrace

Backup generator of 1 Kw for each unit with automatic change

over

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Project Overview

KARLE ZENITH ~ TOWN CENTER

A mixed use development housing an IT SEZ,

Retail, Entertainment and Apartments

The entire development is expected to be

developed over three phases

Ongoing development

Residential Karle Zenith 384 units

Retail and Entertainment

precinct 2.62 mn sft

Office IT SEZ Precinct 3.65 mn sft

Residential Phase II)

Residential Karle Apex -

Zenith Apartments

SEZ

Offices

High Street shopping

Entertainment

Hotel

SEZ

Fine dining

Live Performances

Green Space

Cycle Pathway

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Residential Overview

KARLE ZENITH ~ TOWN CENTER

Parameters Particulars

Budget Segment (INR Cr) 1.0 - 2.0

Location Off Hebbal – K R Puram

ORR

Land area (acres) 72 acres (overall

development)

Project Status Under construction

Format Apartments

Launch Year 2012

Completion Year 2014

Total no. of Units 394

Launch Price (INR per sft) 5,500

Current Price (INR per sft) 7,013

Availability 50%

Distance from Hardware Park (km) 18 - 20 km

Distance from Hebbal (km) 2 - 4 km

Configuration Unit size (sft)

3 BHK 2,278 – 2,582

4 BHK 5,200 – 6,200

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Amenities and Specifications

KARLE ZENITH ~ TOWN CENTER

Amenities

Landscaped sky garden on every fourth floor

Yoga and meditation center on the thirty fourth floor

State of the art swimming pool with Jacuzzi

Penthouse terraces provided with lap pools and lawn area

Indoor and outdoor sports facilities

Provision for electric car charging

Roof top helipad

Rain water harvesting provisions

Karle Zenith ~ Progress 2013

Karle Town Center ~ Planned view

Specifications

High speed elevators

Fully air-conditioned single level, duplex and penthouses

High speed broadband connectivity with direct to home optical

fiber

Provision for home automation

Manned security with video surveillance

3 Phase power supply from BESCOM

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Project Overview

RMZ GALLERIA

A mixed use development consisting of a mall, office

space and luxury apartments are currently under

construction

The development is spread over ~12 acres and is

being developed in a single phase and would be

operational by 2014

Ongoing developments

RMZ Galleria residencies 322 units

RMZ Galleria mall 1 mn sft

RMZ Galleria offices 0.43 mn sft

RMZ Galleria

residencies

RMZ Galleria

shopping complex

RMZ Galleria office

space + Service

apartments

Amphitheater

Multipurpose lawn

Swimming pool

Sports' facilities

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Residential Overview

RMZ GALLERIA

Parameters Particulars

Budget Segment (INR Cr) 1.0 – 2.0

Location Yelahanka, NH 7

Land area (acres) 12 (overall development)

Project Status Under Construction

Format Apartments

Launch Year 2011

Completion Year 2014

Total no. of Units 322

Launch Price (INR per sft) 4,680

Current Price (INR per sft) 6,700

Availability 30%

Distance from Hardware Park (km) 13-15 km

Distance from Hebbal (km) 12-14 km

Configuration Unit size (sft)

2BHK 1,400

3BHK 1,850

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Amenities and Specifications

RMZ GALLERIA

Amenities

Concierge service

Multipurpose entertainment and party space

Infinity pool

Club Vive and Café Studio

Spa with steam and fitness room

Virtual golf, pool table, squash court, library

Outdoor deck and party space, infinity pool and V-Fit the

gymnasium

RMZ Galleria residencies

RMZ Galleria north view

Specifications

Scalability option for apartments

Vitrified tile flooring for all spaces

Hardwood frame with Masonite shutter for main door

Kohler or equivalent sanitary ware

All electrical fixtures of reputed make confirming to ISI

Standards

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Residential Overview

PRESTIGE GLENWOOD

Parameters Particulars

Budget Segment (INR Cr) 1.0 - 2.0

Location Budhigere road

Land area (acres) 15

Project Status Under construction

Format Villas

Launch Year 2012

Completion Year 2014

Total no. of Units 116

Launch Price (INR per sft) 5,350

Current Price (INR per sft) 6,000

Availability 20%

Distance from Hardware Park (km) 14 - 16 km

Distance from Hebbal (km) 23 - 25 km

Configuration Unit size (sft)

3 BHK 2,990

4 BHK 3,625

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Amenities and Specifications

PRESTIGE GLENWOOD

Amenities

Gymnasium, swimming pool with multipurpose hall

Sport amenities like squash court, badminton courts

Indoor sports area

Health club

Space provision for convenience stores

Children’s play area

Proposed view ~ Type C

Proposed view ~ Clubhouse

Specifications

Wooden laminated flooring for bedrooms, Italian marble for

all other common areas and master toilet

European sanitary ware

Solar water heater supply

100% DG power back up for all villas at an additional cost

Security features such as video door phone, intercom, etc.

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Project Overview

BRIGADE ORCHARDS

Entire development expected to be approx. 130

Acres with features of self sustaining city. The

development offers three different formats for

residential units viz. value homes, villas and

luxury apartments.

Ongoing Development

Residential Brigade Value

Homes 750 units

Pavilion Villas 114 units

Club House 85,000 sft

Planned Development

Luxury apartments -

Columbus Asia hospital -

School -

Arts Village -

Sports Stadium 1500 seated

Retail and Multiplex -

Office Space -

Pavilion Villas

Town Houses

Signature Club

Apartments

School

Apartments

Offices

Retail and

Multiplex

Arts Village

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Villas – Overview

BRIGADE ORCHARDS

Parameters Particulars

Budget Segment (INR Cr) 2.0-3.0

Location Devanahalli

Land area (acres) 130 (Overall

development)

Project Status Land Development

Format Villas

Launch Year 2012

Completion Year 2014

Total no. of Units 114 (Villas only)

Launch Price (INR per sft) NA

Current Price (INR per sft) 6,100

Availability 25%

Distance from Hardware Park (km) 17 - 18 km

Distance from Hebbal (km) 34 - 36 km

Configuration Unit size (sft)

3 BHK 4,250

4 BHK 4,500

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Villas – Amenities and Specifications

BRIGADE ORCHARDS

Amenities

The signature club , barbeque and entertainment areas

State of the art business center

Sports and fitness facilities like gym, squash, billiards, tennis

courts

Heated indoor pool, rappelling walls

Arts village with studio spaces, café, library, open air theater

Hospital with trained staff within the campus

Shuttle service to trumpet junction

Villas

Villas

Specifications

Landscaped terrace gardens for additional costs

Home automation system to specification for additional costs

Gymnasium equipment and water bodies for additional costs

Laminated wood flooring and wooden treads in staircase

Shower partitions for bathrooms

Home elevator at additional costs

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Residential Overview

BRIGADE CALADIUM

Parameters Particulars

Budget Segment (INR Cr) 2.0 – 3.0

Location Hebbal junction, NH 7

Land area (acres) 2

Project Status Under Construction

Format Apartments

Launch Year 2012

Completion Year 2015

Total no. of Units 56

Launch Price (INR per sft) 7,200

Current Price (INR per sft) 8,540

Availability 15%

Distance from Hardware Park (km) 18 – 20

Distance from Hebbal (km) 0 - 2

Configuration Unit size (sft)

3 BHK 3,500

4 BHK 3,900

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Amenities and Specifications

BRIGADE CALADIUM

Amenities

Roof top infinity swimming pool and lounge deck

Fitness center

Exquisite landscaping

Children’s play area

Construction status-2013 Specifications

Imported marble flooring for common areas and hardwood

flooring for master bedrooms

Provision for split AC in living, dining and bedrooms

Designer modular kitchen

Balcony and deck with vitrified tiles with wood look finish

Kohler/ Roca/ Bath line/ Equivalent sanitary fittings

Provisions for basic home automation

Construction status-2013

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Residential Overview

GODREJ PLATINIUM

Parameters Particulars

Budget Segment (INR Cr) 2.0 – 3.0

Location Off NH 7

Land area (acres) 1.4

Project Status Under Construction

Format Apartments

Launch Year 2011

Completion Year 2014

Total no. of Units 180

Launch Price (INR per sft) 6,650

Current Price (INR per sft) 7,500

Availability 35%

Distance from Hardware Park (km) 18 - 20 km

Distance from Hebbal (km) 0 - 2 km

Configuration Unit size (sft)

3 BHK 2,800

4BHK 3,750

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Amenities and Specifications

GODREJ PLATINIUM

Amenities

Clubhouse with facilities such as gymnasium, games room,

squash court

Spa and yoga room

Outdoor and indoor swimming pool

Dedicated crèche place

Penthouses with private pool and deck

Dedicated car wash area

Reticulated gas piping connection

Gold pre-certification by IGBC

Mechanical stacked car parks/ normal car parking

Wing A construction status

Specifications

AC provision for all spaces

Imported marble flooring for living areas and laminated

wooden flooring for master bedroom

Security features such as video door phones, intercom facility,

smoke detectors, etc.

Construction Status- 2013

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Residential Overview

ZED EARTH

Parameters Particulars

Budget Segment (INR Cr) 2.0 – 3.0

Location Doddaballapura road

Land area (acres) 20

Project Status Under Construction

Format Villas

Launch Year 2010 (phase I)

Completion Year 2013

Total no. of Units 140

Launch Price (INR per sft) 4,995

Current Price (INR per sft) 5,700

Availability 50%

Distance from Hardware Park (km) 24 - 26 km

Distance from Hebbal (km) 21 - 23 km

Configuration Unit size (sft)

3 BHK 2,690 – 3,390

4 BHK 3,294 – 4,223

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Amenities and Specifications

ZED EARTH

Amenities

Club house with swimming pool, community gathering space

and Gym

CCTV coverage in common areas

Internal road made of construction debris need zero repairs

for 15 years

Completed units

Completed unit

Specifications

Energy efficient ZED air conditioning system

Vastu complaint

Exterior finishes textured walls

Seasoned teakwood designed and fully paneled woodwork

Combination of brass and powder coated fittings and branded

locks

Wooden flooring for living / dining and all bedrooms

Centralized solar water heater

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Residential Overview

EMBASSY LAKE TERRACES

Parameters Particulars

Budget Segment (INR Cr) Above 3.0

Location IVC road

Land area (acres) 14.5

Project Status Under Construction

Format Apartments

Launch Year 2012

Completion Year 2016

Total no. of Units 505

Launch Price (INR per sft) 7,500

Current Price (INR per sft) 10,500

Availability 25%

Distance from Hardware Park (km) 18 - 20 km

Distance from Hebbal (km) 0 - 2 km

Configuration Unit size (sft)

3 BHK 3,600

4BHK 5,000

5 BHK 8,750

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Amenities

Two acre sky deck on eleventh floor with jogging trail, gym,

yoga rooms and business center

Private club with luxury spa, gym, swimming pool, retail zone

and sports facilities

Exclusive club lounge on twenty first floor

Premium concierge services by Quintessentially

Amenities and Specifications

EMBASSY LAKE TERRACES

Construction status- 2013

Construction status -2013

Specifications

All units centrally air conditioned with exclusive elevators

Wooden flooring for bedrooms

100% power backup

Signature towers offer premium specifications with private

terraces and exclusive plunge pool

Four tier security system with gated entry, closed circuit TV,

video door phone and swipe card access and home

automation features

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Residential Overview

RMZ LATITUDE

Parameters Particulars

Budget Segment (INR Cr) Above 3.0

Location NH 7,Hebbal junction

Land area (acres) 3.92

Project Status Under Construction

Format Apartments

Launch Year 2011

Completion Year 2014

Total no. of Units 122

Launch Price (INR per sft) 8,250

Current Price (INR per sft) 9,500

Availability 45%

Distance from Hardware Park (km) 18 - 20 km

Distance from Hebbal (km) 0 - 2 km

Configuration Unit size (sft)

4 BHK 4,870

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Amenities and Specifications

RMZ LATITUDE

Amenities

Valet service and personalized concierge services

Heated pool, Spa services , open Jacuzzi, and putting green

‘Sky lounge’ cantilevered across towers on fifteenth floor

Sky bridge with hanging garden

Shared home office facility business center

Amphitheater and barbeque area

Tennis, basketball and squash courts

Swimming pool with deck and heated lap pool;

Gymnasium V-Fit and provision for Café Studio

RMZ Latitude ~ Interior finishes

RMZ Latitude ~ Amenities

Specifications

Engineering wooden flooring for master bedroom and

imported marble flooring for other common areas

All walls painted with textured paint

Adequate power back up for each suite

Split AC units provided in living/dining and master bedroom

Home automation system

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235 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Residential Overview

EMBASSY BOULEVARD

Parameters Particulars

Budget Segment (INR Cr) > 3.0

Location Off NH 7

Land area (acres) 51

Project Status Under construction

Format Villas

Launch Year 2011

Completion Year 2013

Total no. of Units 170

Launch Price (INR per sft) 10,000

Current Price (INR per sft) 15,000

Availability 50%

Distance from Hardware Park (km) 6 - 8 km

Distance from Hebbal (km) 15 - 17 km

Configuration Unit size (sft)

4 BHK 4,072 - 5,930

5 BHK 7,107 - 7,406

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236 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Amenities and Specifications

EMBASSY BOULEVARD

Amenities

40,000 sft Leisure club and spa with three acres of landscaped

gardens

Dedicated concierge services by Quintessentially

International riding school with 120 horses and ponies, tent

camp activities, cross country riding

Fully functional Italian coffee shop

Swimming pools, spa, guest suites, convenience store, sports

facilities and banquet hall

Business center and meeting rooms

Preferential admission at Stonehill International School

Construction status~ Cedar villa

Specifications

Centrally air conditioned villas with automated elevators

Swimming pool each villa at ground level, with composite

timber decks

Wooden flooring for bedrooms; Timber flooring for balconies

and terraces

Construction status~ silver oak

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237 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Residential Overview

SOBHA LIFESTYLE

Parameters Particulars

Budget Segment (INR Cr) Above 3.0

Location IVC road

Land area (acres) 55

Project Status Under Construction

Format Villas

Launch Year 2007

Completion Year 2013

Total no. of Units 165

Launch Price (INR per sft) NA

Current Price (INR per sft) 10,600

Availability 40%

Distance from Hardware Park (km) 13 - 15 km

Distance from Hebbal (km) 24 - 26 km

Configuration Unit size (sft)

3 BHK 3,851 – 4,303

4BHK 4,912 – 5,432

5 BHK 6,136 – 6,436

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238 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Amenities and Specifications

SOBHA LIFESTYLE

Amenities

18 parks, dedicated pedestrian walkways and ramps

Golf putting green, International standard tennis court

International club house fully equipped state of the art facilities

like pool, multi purpose hall, library, spa and salon

Sports facilities such as squash, table tennis, indoor

badminton, billiards, etc.

Completed unit

Specifications

Vastu compliant villas with private pools & terraces

Wooden laminated flooring for master bedroom and natural/

engineered stone flooring for other common areas

Chromium plated sanitary fitting of reputed make along with

solar water heater

Split AC provision in all rooms

Waterproofing for terrace garden

100% power back up for all villas Club house

Page 239: CBRE Mkt Research Rpt - Shell - North - 120913

PREPARED FOR

MARKET RESEARCH SERVICES ~

STAGE 2

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240 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

APPROACH & METHODOLOGY

Evaluation of Group housing options for Employees

JV with land banker/ developer

Bulk purchase

Pre-blocking of units in a township

Cooperative Group Housing Society

Co-Operative Housing Society (CHS)

Definition and Concepts

Procedure to set up a CHS

Model Bye-Laws for CHS

Merits and De-merits of CHS

Group Housing Options

Administrative set-up of Development

Authorities Bangalore

Land options

Location, land extent, price and ownership

Check-list to be considered before buying a residential

component

Page 241: CBRE Mkt Research Rpt - Shell - North - 120913

OPINION ON FORMING A HOUSING SOCIETY

Various Options for Housing

Cooperative Housing Society ~ Process and Merits/ De-merits

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242 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

VARIOUS OPTIONS FOR GROUP HOUSING

Bulk Purchase (during

Planning Stage)

Bulk Purchase (during

Marketing Stage)

JV with a land banker in the

preferred location (CHS)

Approach a land aggregator with a

business plan and propose for the

development of land thereafter (as

a joint venture in the form of a

Cooperative Housing Society)

Concept

Pros:

Choice of a convenient location

Minimization of intermediaries’

margins during construction

Increased participation in planning &

design (customization of amenities)

Cons:

Effort involved in identifying land/

land banker / legal formalities

Supervision required during project

development

Risk associated with project

implementation

Approaching a developer with land

to build units for employees

Involves bulk purchasing of a larger

inventory of units (viz. approx. 150

– 200 DUs), in a planned

development

Price discount of approx. 10-15%

from the pre-launch price could be

expected

Pros:

Choice of multiple projects

Minimal upfront expenditure

(compared to JV option)

Negotiation advantage in price

Customization of formats and

specifications

Cons:

Construction timelines are governed

by developer

Limited customization of amenities at

a project level (compared to JV

option)

Involves pre-booking of a particular

tower/ units currently being

marketed in a township

Price discount of approx. 10-15%

can be expected from the current

market price (which could be higher

than the launch price)

Pros:

Choice of multiple projects

Negotiation advantage in price

Past performance, amenities, quality,

etc. to help buyer make an informed

decision

Cons:

Construction timelines are governed

by developer

Limited customization of amenities at

a project level (compared to JV

option)

Rem

arks

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243 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

CO-OPERATIVE HOUSING SOCIETY (CHS)

Definition/ Concepts

Co-Operative Society ~ a body formed by a group of people to act jointly for the common

benefit of each other and should be registered under Karnataka Co-Operative Societies Act,

1959 (e.g. Co-Operative Bank, Agricultural Co-Operative Societies, etc.)

Co-Operative Housing Society ~ a body intended for providing its members with residential

units (plots, apartments or villas) and their associated common amenities (e.g. Telecom

Housing Society, ITC Employees Housing Society, etc.)

Open Plot Societies: Societies in which members desire to purchase or lease land on which the

society will construct the building or buildings

Owner’s Societies: Societies consisting of member who own apartments/ dwelling units under

agreements entered into with builders

Tenant’s Societies: Societies formed by tenants of the landlords who had constructed the

building/ buildings (also sometime referred to as Resident Welfare Associations)

Housing Board Societies: societies formed by allottees of flats in buildings constructed by the

Karnataka Housing Board

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244 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

CO-OPERATIVE HOUSING SOCIETY (CHS)

Procedure to set up a legal entity (CHS)

Meeting of Promoters/ Appointment of Chief

Promoter

Registration of CHS

Name Reservations

Bank account and Deposits

Payment of Registration Fee

Submission of Registration Proposal to the

concerned Registration Authority

Minimum 10 members

Members belonging to different families

Nominal Entrance Fee (INR 2,000)

Unique name for a CHS

Create a Savings Bank account in the

name of CHS

Registration Fee to be paid in favor of RBI

Registration Proposal including documents

viz. Schedule A, draft of Bye Laws, photos

and bio-data of all promoters, etc.

Issuance of Registration Certificate from the

concerned RA

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245 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

CO-OPERATIVE HOUSING SOCIETY (CHS)

Procedure for undertaking development post registration of CHS

Land Acquisition

Obtain Completion Certificate,

NOCs / Registration of individual

units

Appointment of Architect to undertake

design of layout / individual units

Obtaining Building Plan Approvals and

other Approvals (fire, water, etc.) from

concerned authorities BBMP/ BDA/

BIAAPA

Appointment of Construction

Contractor

Undertake Construction Works

RFPs to be issued for Land acquisition

Legal due-diligence for shortlisted land parcels (ownership,

zoning, encumbrance, compliance to land ceiling act, etc.)*

Acquire the land and register it in the name of CHS

RFPs to be issued for architect

Architect to appoint a structural engineer and prepare master

plan for entire development, floor plans, elevation plans and

secure approvals

Each plan to be approved by members

Architect to liaise with Govt. for all approvals

RFPs to be issued for construction contractors

Quotes for construction cost to be sourced ~ either on turnkey

basis (per sft cost) or itemized breakup for entire development

Agree on timelines (for each level of construction) and its

schedule for financial disbursement

Core committee of CHS to monitor construction works

Secure funding from each member corresponding to

construction status and disburse it to the contractor

Liaise with architect / contractor to ensure compliance to design

Architect to obtain completion certificate/ NOCs

Register individual units and handover units for possession

*Note: steps highlighted in red could be potential bottlenecks in undertaking the development

and may lead to delays in project implementation

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246 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

CO-OPERATIVE HOUSING SOCIETY (CHS)

Model Bye-Laws

Model Bye-Law contains:

Name and address of the registered CHS

Jurisdiction/ Area of Operation

Definition of terms mentioned in the Bye-Law

Objective of the CHS

Membership details such as liabilities, limit of membership,

admission of new members, rights of members, resignation of

membership

Funds of the Society

Registration of immovable property governed by Registration Act,

1908 and the Karnataka Registration Rules, 1965

Meetings of the Society

Administration procedure (viz. handling of funds, building repairs/

depreciation fund, audit, alteration of Bye-Laws)

Model Bye-Law ~ A Private law or Regulation made by a CHS for its own Governance

Jurisdiction for Registration/

Operation of CHS

CHS can register at a State,

district or Taluk level which

determines their area of

operations

Type of Membership

Permanent members belonging

to the same class ~ have voting

powers

Associate members who are

external members ~ do not have

voting powers

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247 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

CO-OPERATIVE HOUSING SOCIETY (CHS)

Merits and De-merits of CHS

Merits De-merits

Minimization of intermediaries’ margins

No TDS* on the interest earned

Economies of scale

Customization of requirements viz.

amenities, features etc.

Gated communities with Known

Neighbors

Transparency with regards to the capital

deployed

De-merits

Requires active participation from the key

members of the society to monitor the

development/ maintenance activities

High Risk associated at each stage ~

legal (land), approval, construction

Potential delays owing to mobilization of

funds from all the members

Delay in execution, as the decisions are to

be voted by all the members of the

society

Potential restrictions on the exit from the

society (to prevent speculative activity)

Limited powers of associate members

More prone to Allegations

* Tax Deducted at Source

Page 248: CBRE Mkt Research Rpt - Shell - North - 120913

LAND OPTIONS

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249 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

LAND OPTIONS

Land Option 1 (~ 15 Km from Shell facility)

Owner Prestige Group

Location Behind ITC Factory

Land extent (acres) 35

Indicative Price (INR Cr/acre) 12 – 13

NH-7

ORR

NH4

NH207

SH-9

IVC Road

Devanahalli

Hoskote

Doddaballapur

Budigere

CBD KR Puram

SH35

Whitefield

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

Hebbal

Yelahanka

New Town

Land Option 2 (~ 10 Km from Shell facility)

Owner Cornerstone Properties

Location Cargo Road

Land extent (acres) 900 (30 – 40 acres can

be bought separately)

Indicative Price (INR Cr/acre) 3.5 – 4.0

Land Option 3 (~ 20 Km from Shell facility)

Owner Embassy Group

Location Behind Sadahalli Gate

Land extent (acres) 250

Indicative Price (INR Cr/acre) 6.0 – 7.0

Land Option 4 (~20 Km from Shell facility)

Owner Atlantis

Location IVC Road

Land extent (acres) 45

Indicative Price (INR Cr/acre) 4.0 – 4.5

1

2

3

4

Page 250: CBRE Mkt Research Rpt - Shell - North - 120913

BEST PRACTICES – PURCHASE OF RESIDENTIAL

HOUSING

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251 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

CHECKLIST

Construction quality

Adherence to the timelines

Completed/On-Going projects

Financial status

Credibility check

Ensure building plan and

construction is approved by

concerned authorities

* List of requisite approvals have been

provided in a later slide

Ensure the availability of

adequate supply of municipal

and / or ground water, ease of

obtaining alternate sources

Power backup (if available)

and extent of backup

Evaluate and compare the product

offerings

Specifications viz. flooring,

fittings, fixtures, etc.

Amenities provided and

applicable charges viz. club

house, gym, piped gas,

children play area, etc.

Acquire a first hand knowledge

on the site location, access

conditions, surrounding

developments, on-ground

construction status

Inspect the model unit

Understand the floor rise,

parking, club house, Preferred

Location Charges (PLC)

Electricity charges (BESCOM)

Water / Sewerage charges

(BWSSB)

Sinking fund, Maintenance fee,

Corpus, Notary Fee etc.

Developer Profile Site visit Status of approvals*

List of charges over and

above base price

Water supply and

Electricity

Evaluate Specifications

and Amenities

Points to be considered before buying an apartment

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252 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

CHECKLIST

Clear understanding on the

payment break up & schedules

(vis-à-vis construction schedule)

Offers available on payment ~

pre-EMI, etc.

Procedure involved in

undertaking property registration

Applicable documentation,

charges to be paid towards the

same

Understanding in terms of

expected price appreciations in

the near future

Expected rental on completion of

property

Extent of land offered for each

unit

Understand the land ownership

pattern being offered (viz.

absolute or undivided share of

land)

Understanding of market

practices on pricing (viz. base

price vis-à-vis additional

charges)

Exploit negotiation windows

available with developer quoted

prices based on sales velocity

Areas quoted are generally in

terms of saleable area

Enquire the useable area

(carpeted area) being offered

and the extent of loading owing

to circulation / common spaces

Negotiation Mechanisms

Understanding Efficiency

Procedure for Registration

and taxes applicable

Villa land ownership

mechanism

Payment Structure

Expected project

performance

Points to be considered before buying an apartment

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253 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

CHECKLIST

List of approvals

Land allotment certificate

Title documents for the project including

• Building Plan approval

• No Objection Certificate ~ for conformation with the Master Plan

• Sale deed of the land

• Property Tax receipt

• Commencement Certificate from BBMP (or corresponding municipal authority)

• Khaata (Registration) Certificate

• Occupancy Certificate (as the units are getting ready)

Bank Approval documents (for banks that are associated with the development for

disbursement of home loans)

Post booking a residential unit, undertake a due-diligence on the list of approvals secured by the

developer for the development. Documents to be inspected as part of the due-diligence have been listed

below:

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254 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Anekal

Kanakpura

BMICPA

Magadi

Nelamangala

RCUDA

BANGALORE CITY ~ ADMINISTRATIVE SET-UP

BIAAPA

Hoskote

Bangalore Metropolitan Area/ BDA Area

BMA (spreads over 1,307 sq.km) constitutes the BBMP area,

BDA area, surrounding villages and the BMICPA area

Enhanced growth inside the city areas led to spill over of

activity to peripheral areas leading to the BMR

Bangalore Metropolitan Area (BMA)

BBMP is responsible for civic and infrastructural assets (viz.

water supply, sewerage, solid waste management, etc.) in

the core city area

BDA is a local planning and development authority

responsible for formulating Master Plan and carry out

development activities in the zone (viz. road infrastructure,

plotted layouts, etc.); BDA jurisdiction includes BBMP area

and the other peripheral areas

Bruhat Bangalore Mahanagara Palike (BBMP)/

Bangalore Development Authority (BDA)

IZ

IZ

IZ

IZ

IZ BDA Area

BBMP Area

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255 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Anekal

Kanakpura

BMICPA

Magadi

Nelamangala

RCUDA

BANGALORE CITY ~ ADMINISTRATIVE SET-UP

BDA Area

BIAAPA

BBMP Area

Hoskote

Bangalore Metropolitan Region

Bangalore Metropolitan Region spreads over an area of 8,005

sq.km ~ the largest Urban Agglomerate in the country

• Constitutes 5 Area Planning Zones (APZs) ~ urban

development is permitted subject to certain regulations

• 6 Interstitial Zones (IZs) ~ areas lying between APZ's where

urban activities are restricted giving more emphasis to

environmental protection and bringing more land into

agricultural produce

Bangalore Metropolitan Region (BMR)

BMRDA ~ development/ planning/ co-ordination authority for

BMR region which includes Bangalore Urban & Rural districts

and Ramanagara districts

• Responsible organization for the planning authorities in BMR

• Responsible for coordination of activities of various Govt.

agencies (viz. BBMP, BDA, BWSSB, KPTC, KIADB, KSRTC, etc.)

BMRDA formulates the overall Structural Plan for development

authorities, planning area, etc. falling inside the BMR

Bangalore Metropolitan Region Development Authority

(BMRDA)

BMRDA: Bangalore Metropolitan Region

Development Authority

BMICPA: Bangalore - Mysore Infrastructure

Corridor Planning Area

BIAAPA: Bangalore Intl. Airport Area Planning

Authority

RCUDA: Ramanagara - Channapatna Urban

Development Authority

BMA: Bangalore Metropolitan Area

BMR: Bangalore Metropolitan Region

BBMP: Bruhat Bengaluru Mahanagara

Palike

BDA: Bangalore Development Authority

IZ

IZ

IZ

IZ

IZ

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256 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

Anekal

Kanakpura

BMICPA

Magadi

Nelamangala

RCUDA

BANGALORE CITY ~ ADMINISTRATIVE SET-UP

BDA Area

BIAAPA

BBMP Area

Hoskote Doddaballapur

Taluk

North Bangalore Taluk

Devanahalli Taluk

BIAL

Bangalore International Airport Planning Authority (BIAAPA)

BIAAPA jurisdiction extends to approx. 985 sq.km & covers planning area located

in and around the Bangalore International Airport

BIAAPA has launched the Master Plan 2021 for the Local Planning Area

Development projects in the BIAAPA is to be approved by BIAAPA and Airports

Authority of India

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257 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES

BANGALORE CITY ~ ADMINISTRATIVE SET-UP

MICRO-MARKETS IN THE FOCUS ZONE

NH-7

ORR NH4

NH207

SH-9

Hoskote

CBD KR Puram

SH35

Yelahanka

New Town

Hebbal

Whitefield

3

4

5

6

7

8

Hennur

Thanisandra

Yelahanka

Bagalur

Shettigere

SH104

15 km

radius

10 km

radius

BIAAPA Boundary Taluk Boundary inside BIAAPA

Limits

# Micro-markets

1 Doddaballapur Road

2 Yelahanka / Yelahanka New Town

3 Jakkur / Amruthahalli

4 Hebbal

5 Thanisandra

6 Hennur / Horamavu

7 Old Madras Road

8 Budigere Cross

9 Bagalur

10 Bellary Road (between 2 and 12)

11 IVC Road

12 Devanahalli

13 Cargo Road

The new Shell facility falls under the

jurisdiction of BIAAPA along with four micro-

markets viz. Bagalur, Bellary Road, IVC Road,

Cargo Road, Devanahalli

IVC Road

Devanahalli

Doddaballapur

Budigere

1

9

11

12

13

10

2

Page 258: CBRE Mkt Research Rpt - Shell - North - 120913

For more information regarding this presentation please contact: Ms. DIVYA GOYAL Senior Associate Director – CBRE Consulting T +91 80 4074 0000

[email protected]

TWO THIRDS OF THE WORLD IS COVERED BY WATER

THE OTHER THIRD BY US