Focus on North Bangalore September 2013 2 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 3 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 PROJECT BACKGROUND Study Objectives Presentation Structure 5 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 6 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 7 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 SITE & LOCATION OVERVIEW Overview of upcoming facility Location context and access routes to the facility 9 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 10 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 11 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 12 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 13 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 14 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 15 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 16 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 17 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 18 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 PHYSICAL AND SOCIAL INFRASTRUCTURE OVERVIEW North Bangalore overview Study area delineation Physical infrastructure overview Social infrastructure overview 20 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 Hebbal Yelahanka New Town 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 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 23 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 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. 25 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 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 26 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 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 27 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 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 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 PHYSICAL INFRASTRUCTURE OVERVIEW 30 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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) 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) 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) 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) 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 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 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 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 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 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 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 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 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 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 58 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Overview & key tenants NORTH BANGALORE INDUSTRIAL PARKS Bangalore International Airport 59 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Overview & key tenants NORTH BANGALORE INDUSTRIAL PARKS Bangalore International Airport Aerospace Park 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 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 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 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 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 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 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 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 68 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Social Infrastructure (Common Amenities) NORTH BANGALORE INDUSTRIAL PARKS Bangalore International Airport Aerospace Park IT Park Hardware Park 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 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 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 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 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 74 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Projected growth of infrastructure development PHYSICAL INFRASTRUCTURE 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) 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) 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) SOCIAL INFRASTRUCTURE OVERVIEW 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 / crches 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 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 / crches 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 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 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 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 Intl School New Baldwin Intl School Euro School Diana Public School St. Michaels School Green County Public School Akash Intl School Operational Planned Aditya Public School Schools Whitefield 7 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 Intl School New Baldwin Intl School Euro School Diana Public School St. Michaels School Green County Public School Akash Intl School KLE Institute Ozone Urbana Operational Planned Bhartiya City Aditya Public School Schools Whitefield 7 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 Intl School New Baldwin Intl School Euro School Diana Public School St. Michaels School Green County Public School Akash Intl 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 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 87 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 1 2 3 4 5 6 Whitefield Operational Planned 7 88 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 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 89 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 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 90 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 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 91 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 # 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 92 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 # 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 93 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 # 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 94 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 # 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 95 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 # 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 / Crches SOCIAL INFRASTRUCTURE Operational Planned 96 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 # 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 / Crches SOCIAL INFRASTRUCTURE 4 3 1 4 4 4 2 2 2 Le Poeme Crche Operational Planned 97 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # Name Overview 1 Bhagini Bangalore based food chain 2 Caf 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 98 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # Name Overview 1 Bhagini Bangalore based food chain 2 Caf 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 99 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # Name Overview 1 Bhagini Bangalore based food chain 2 Caf 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 100 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # Name Overview 1 Bhagini Bangalore based food chain 2 Caf 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 101 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # Name Overview 1 Bhagini Bangalore based food chain 2 Caf 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 102 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # Name Overview 1 Bhagini Bangalore based food chain 2 Caf 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 9 th Mile 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 104 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # 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 105 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # 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 106 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # 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 107 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES # 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 108 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 109 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 110 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES On-ground pictures ~ representative social infrastructure developments SOCIAL INFRASTRUCTURE Angsana Resort & Spa Clarks Exotica Club Cabana 9 th Mile Dhaba, Royal Orchids Gold Finch Retreat Little Elly pre-school NORTH BANGALORE REAL ESTATE OVERVIEW Commercial, Retail, Hospitality overview Residential overview Case studies of representative projects 112 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE REAL ESTATE OVERVIEW Component-wise Summary 113 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 114 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 115 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 116 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 117 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 118 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 *Note: For a perspective on scale of the development, Forum Mall, Koramangala is approx. 0.34 mn sft 15 km radius 10 km radius 119 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 15 km radius 10 km radius *Note: For a perspective on scale of the development, Forum Mall, Koramangala is approx. 0.34 mn sft 120 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 121 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 8 122 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 Under-construction Planned Operational 10 km radius 123 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 124 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 125 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 126 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 127 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 128 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 129 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 130 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 131 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 132 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 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 133 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 134 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Projected growth of infrastructure development SOCIAL INFRASTRUCTURE 135 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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. 136 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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. 137 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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. NORTH BANGALORE RESIDENTIAL OVERVIEW 139 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 140 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 141 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 Waters 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 142 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 Waters 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 143 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 144 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 145 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 146 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 147 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW NH7 & Sadahalli Hardware Park Distance (km) Driving Time (mins) Sadahalli 11 13 25 mins # Driving time indicative of peak traffic travel time 148 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW 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 149 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW 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 150 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW 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 151 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 152 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 153 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 154 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 155 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW Thanisandra & Hennur Hardware Park Distance (km) Driving Time (mins) Thanisandra 18 19 30 mins Hennur/ Horamaavu 156 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW Thanisandra & Hennur Mantri Splendor Krishna Northwoods Legacy Celino Hardware Park Distance (km) Driving Time (mins) Thanisandra 18 19 30 mins Hennur/ Horamaavu Completed Projects 157 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW 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 158 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW 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 159 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW 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 160 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 161 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 162 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 163 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW # 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 164 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 10 11 13 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 165 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 166 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 For rental 3 9 6 7 8 13 17 16 12 10 Godrej Woodman Estate Alpine Pyramid Nagarjuna Aster Park Prestige Monte Carlo Purva Venezia Sobha Zircon Sobha Crysanthamum Mantri Astra Jain Heights Sobha Coral 167 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 1 2 3 5 6 7 8 9 10 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 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 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 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 10 11 12 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 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 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 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 10 11 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. 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 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 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 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 10 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 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 10 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 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 10 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 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 10 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 181 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES NORTH BANGALORE RESIDENTIAL OVERVIEW Upcoming large residential townships (next 5 years) 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 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 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 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 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 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 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 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) CONCLUSION North Bangalore Summary 191 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Conclusion NORTH BANGALORE SUMMARY 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) 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 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 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 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 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 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 CASE STUDIES OF REPRESENTATIVE PROJECTS INTEGRATED DEVELOPMENTS & RESIDENTIAL TOWNSHIPS RESIDENTIAL DEVELOPMENTS 200 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 201 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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) 202 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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) 2,500 203 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 204 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 205 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 3,764 206 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Amenities and Specifications SOBHA CITY Amenities Sculpture Crche and indoor children play area Saloon, Spa, gymnasium, Multi purpose halls, restaurant and caf 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 207 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 208 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 209 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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, caf , 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 210 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 2,765 211 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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, Childrens 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 212 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 - 1,632 213 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 214 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 215 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 6,200 216 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 217 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 218 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 1,850 219 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Amenities and Specifications RMZ GALLERIA Amenities Concierge service Multipurpose entertainment and party space Infinity pool Club Vive and Caf 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 220 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 3,625 221 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 Childrens 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. 222 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 223 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 4,500 224 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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, caf, 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 225 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 3,900 226 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES Amenities and Specifications BRIGADE CALADIUM Amenities Roof top infinity swimming pool and lounge deck Fitness center Exquisite landscaping Childrens 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 227 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 3,750 228 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 crche 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 229 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 4,223 230 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 231 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 8,750 232 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 233 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 4,870 234 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES 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 Caf 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 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 - 7,406 236 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 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 6,436 238 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 PREPARED FOR MARKET RESEARCH SERVICES ~ STAGE 2 240 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 OPINION ON FORMING A HOUSING SOCIETY Various Options for Housing Cooperative Housing Society ~ Process and Merits/ De-merits 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) C o n c e p t
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) R e m a r k s
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 Owners Societies: Societies consisting of member who own apartments/ dwelling units under agreements entered into with builders Tenants 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 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 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 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 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 LAND OPTIONS 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 BEST PRACTICES PURCHASE OF RESIDENTIAL HOUSING 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 252 CBRE | SHELL INDIA | MARKET RESEARCH SERVICES CHECKLIST Clear understanding on the payment break up & schedules (vis--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--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 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: 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 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 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 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 For more information regarding this presentation please contact:
Ms. DIVYA GOYAL Senior Associate Director CBRE Consulting T +91 80 4074 0000 Divya.goyal@cbre.co.in TWO THIRDS OF THE WORLD IS COVERED BY WATER THE OTHER THIRD BY US