Ministry of Naan Commends Mumbai’s Love for Retro Dining with ‘90s Drive-In Revival

Mumbai, 12th March 2025: The vibrant neighborhood of Chembur welcomes a nostalgic yet modern dining experience with the launch of the Ministry of Naan (M.O.N.), reviving the iconic ‘90s drive-in dining culture in Mumbai. Bringing back an era when dining meant savoring delicious meals from the comfort of your car, the Ministry of Naan blends tradition and innovation, creating a space where convenience meets culinary excellence.

Located in a prime spot with serene views of the Chembur Golf Club, the Ministry of Naan introduces a drive-in dining model that allows customers to enjoy freshly prepared meals while indulging in the sights and sounds of Chembur. The experience is enhanced with in-car ordering convenience, curated music playlists to set the mood, and car-friendly packaging for a seamless, mess-free meal. Whether opting for a laid-back meal in the car or a quick pickup, the Ministry of Naan is redefining how Mumbai enjoys its favorite comfort foods.

The carefully curated menu showcases signature dishes such as Naan Turnover Butter ChickenAromatic Chicken Biryani, Kairi Chicken Tikka, Tandoori Sarso Ki Broccoli, Adana Kebabs with Naans, and Mutton Galauti on Bread. Every dish is crafted with freshly ground in-house masalas and premium ingredients, ensuring an unmatched depth of flavor and authenticity.

With a state-of-the-art live kitchen featuring a glass-fronted design, the Ministry of Naan offers complete transparency, allowing customers to witness the meticulous preparation of their meals. From the chefs’ crisp white uniforms to the branded aprons, every detail reflects a commitment to quality, hygiene, and culinary craftsmanship.

Commenting on the launch, Ayush Sahani, Owner of Ministry of Naan, said,
“Ministry of Naan is redefining Mumbai’s dining culture by bringing back the nostalgia of the classic drive-in experience, reimagined with bold North Indian flavors, modern culinary innovation and an unwavering commitment to quality. Every dish is crafted using the finest ingredients with no shortcuts on freshness or authenticity. Whether dining from the comfort of your car or enjoying a meal at home, our chefs trained in five-star kitchens ensure an elevated experience every time. Backed by a team with deep expertise in fine dining and luxury hospitality, we’re setting a new benchmark for Indian cuisine where taste, trust and tradition come together effortlessly.”

With a vision to expand, Ministry of Naan plans to open new locations across Mumbai by the end of 2025. The brand ensures easy accessibility for delivery customers across Chembur and neighboring areas through its partnership with Zomato and Swiggy, while offering a unique drive-in and dine-in experience at its flagship location.

More than just a restaurant, Ministry of Naan curates an experience—a fusion of heritage, community, and innovation that resonates with the vibrant culture of Chembur and beyond.

TTK Prestige Revolutionizes Cooking with AirFlip Air Fryer & Grill

Hyderabad, 12th March 2025: TTK Prestige, India’s leading kitchen appliances brand, launches the AirFlip Two-in-One Air Fryer and Grill, a breakthrough appliance designed for modern kitchens. The AirFlip represents a significant advancement in kitchen technology, offering home cooks unprecedented versatility in a single device.

The AirFlip showcases several advanced features designed for modern cooking needs. The appliance comes with a high capacity 4.5L Glass air frying basket, offering a 360-degree view of the cooking process. The premium grill pan with glass lid for perfect grilling results, while the digital control panel provides 5 pre-set cooking modes for convenience. The device incorporates smoke-free heating technology for cleaner cooking and operates with a powerful 1500W heating element for quick and efficient results. Its innovative design features a rotating control interface that seamlessly switches between air frying and grilling modes, with the control panel automatically reorienting itself for intuitive operation.

The AirFlip’s dual functionality addresses the growing consumer demand for space-saving kitchen appliances that don’t compromise on performance. In air fryer mode, the 4.5L capacity allows families to prepare generous portions of healthy, oil-free dishes ranging from crispy snacks to complete meals. When switched to grill mode, the grill pan with its transparent lid enables perfect results for everything from vegetables to proteins, allowing home cooks to monitor their food without interrupting the cooking process.

TTK Prestige has positioned the AirFlip at an attractive price, making premium cooking technology accessible to more Indian households. The product comes with a comprehensive one-year warranty, reinforcing TTK Prestige’s commitment to quality and customer satisfaction. The AirFlip is available at all leading retail outlets and e-commerce platforms, bringing the future of versatile cooking to Indian kitchens.

This latest innovation from TTK Prestige reflects the company’s deep understanding of Indian cooking needs and changing lifestyle preferences. Its versatile functionality, combined with the trusted TTK Prestige brand name, positions the AirFlip as a must-have appliance for modern Indian kitchens, offering the perfect balance of innovation, convenience, and value.

Bihar Commends Experts at Fifth State-Level Consultation on Glaucoma Prevention

Patna, 12th March 2025 – Under the ongoing collaborative campaign between Sightsavers India and AbbVie India, the fifth state-level consultation on glaucoma prevention was held in Patna, Bihar. The consultation, held at Hotel Lemon Tree Premier, brought together ophthalmologists, public health experts, civil society representatives, and media professionals to discuss ways to tackle glaucoma, a leading cause of irreversible blindness.

Glaucoma often progresses without symptoms until significant vision loss occurs, making early detection critical. The experts at the consultation emphasised the importance of recognising the symptoms, and early and regular eye check-ups and explored strategies to enhance access to diagnosis and treatment. A discussion was also held on improving awareness and knowledge sharing for the local population.

As part of the initiative, a glaucoma screening was set up at the venue. Attendees aged 40 and above had the opportunity to check their eye health, get screened for glaucoma and learn more about risk factors.

Dr Neeraj Kumar, State programme office, NPCB & VI, Government of Bihar, graced the event as a Chief Guest and spoke about the need for prioritising eye health in public healthcare policies. He said “The Bihar government fully supports this initiative, as good health is fundamental to the progress of our people. Blindness caused by glaucoma is preventable, but only if individuals are aware and undergo timely screenings. Such initiatives by Sightsavers India and AbbVie India play a crucial role in promoting early detection and strengthening eye care services in the state. By increasing awareness and accessibility, we can ensure that no one loses their vision to a condition that can be managed with the right intervention.”

The consultation commenced with a warm welcome by Suvendu Mitra, State Programme Lead, Sightsavers India, followed by opening remarks from Mr R.N. Mohanty, CEO, Sightsavers India and Dr Rahul Rathod, Director – Medical Affairs, AbbVie India, who emphasised the importance of early intervention and bridging gaps in glaucoma care.

Following the opening remarks, Dr. Ajeet Kumar Dwivedi, Director of Rajendranagar Superspecialty Eye Hospital, Patna, delivered the keynote address. He highlighted the critical need for early glaucoma diagnosis, stressing the need for training of Ophthalmic Assistants and Optometrists for early detection.  He also highlighted the need for better awareness and access to treatment, especially in communities where eye care services are limited. “I applaud the initiative undertaken by Sightsavers India and AbbVie India on highlighting the importance of collaborative efforts in strengthening glaucoma management and ensuring more people get diagnosed and treated in time.

Dr. Rahul Rathod, Director – Medical Affairs, AbbVie India stated that “At AbbVie India, we are dedicated to advancing eye health and ensuring that preventable blindness from glaucoma is addressed through awareness, early detection, and access to care. Our collaboration with Sightsavers India has already facilitated critical discussions and screenings across multiple states, and today’s consultation in Patna is another significant step towards this mission. By bringing together experts, policymakers, and communities, we aim to drive meaningful change in glaucoma care, empowering individuals with the knowledge and resources needed to protect their vision”

Mr R.N. Mohanty, CEO of Sightsavers India said “Consultations are essential for opening an honest dialogue on glaucoma care. Our four state-level consultations so far have brought together experts, community leaders, and policymakers, creating a space that sparked critical discussions and innovative solutions. And today, Bihar joins this momentum. Through our robust collaboration with AbbVie India, we’ve integrated effective screening and outreach initiatives to reduce preventable blindness. Building on these discussions, we are preparing for a national consultation in Delhi to drive even greater impact in glaucoma awareness and care.”

A panel discussion followed, bringing together specialists who discussed various approaches to managing glaucoma. This was followed by an interactive Q&A session, during which attendees had the opportunity to seek advice directly from the experts.

Ophthalmologists Dr Ajit Kumar Poddar, Medical Director & Principal at Akhand Jyoti Eye Hospitals and Dr Utkarsh Bhardwaj, Consultant at Siliguri Greater Lions Eye Hospital, Dr Shakeel Ur Rahman, a public health expert and Suvendu Mitra, State Programme Lead, Sightsavers India shared their insights on glaucoma management.

Dr Poddar, presently leading the clinical function at Akhand Jyoti Eye Hospitals, Bihar, India, with over 22 years of experience in ophthalmology and a strong focus on community eye care, spoke about the need for widespread awareness and early screening, particularly in rural areas where access to eye care is limited. Having performed over 100,000 surgeries, he highlighted the importance of collaboration between public and private sectors to strengthen glaucoma diagnosis and treatment.

Dr Bhardwaj, a specialist in glaucoma management, refractive surgery, and medical retina, stressed the role of advanced diagnostic tools such as OCT, perimetry, and fundus imaging in detecting glaucoma at an early stage. With experience in training future eye care professionals, he underlined the importance of building capacity in the field to ensure quality care reaches those who need it most.

Dr Shakeel Ur Rahman, a public health expert, highlighted the need to prioritise glaucoma within primary healthcare, particularly in rural and underserved areas. He also spoke about the importance of community-driven awareness efforts to encourage people to seek timely eye care.

Suvendu Mitra, State Programme Lead, Sightsavers India, highlighted the key takeaways from the discussions and outlined the way forward. He emphasised the importance of continued collaboration, sustained awareness efforts, and strengthening eye health services to ensure early detection and treatment of glaucoma, ultimately working towards reducing preventable blindness in Bihar.

The consultation concluded with Meenakshi Jha, Programme Officer – Quality, Sightsavers India, delivering the felicitation and vote of thanks, acknowledging the valuable contributions of all participants and stakeholders.

PNB Housing Finance Celebrates Women’s Journeys with ‘AchievHer 2.0’

PNB Housing Finance, one of India’s largest housing finance companies, launched the second edition of its inspirational series— ‘AchievHer 2.0’, reinforcing its commitment to diversity, empowerment, and inclusion. Building on the success of the previous edition, this initiative continues to throw the spotlight on the remarkable journeys of women within the organization, recognizing their resilience, dedication, and leadership across the organization.

‘AchievHer 2.0’ is an extension of the company’s ‘Aikyam’ initiative, a people-first initiative designed to foster a culture of inclusivity and empowerment. Through a compelling video series, the campaign delves into the personal and professional journeys of its female employees, capturing special moments of their achievements, challenges, learnings and growth. PNB Housing Finance remains committed to creating a supportive and thriving workplace, where women are encouraged to break barriers and excel in their respective fields.

Commenting on the initiative, Mr. Girish Kousgi, MD & CEO, PNB Housing Finance, said, “The success of ‘AchievHer’ last year reaffirmed our belief in the power of storytelling. With ‘AchievHer 2.0,’ we are once again celebrating the inspiring journeys of our female employees, who embody determination and excellence. At PNB Housing Finance, we are dedicated to fostering an inclusive culture where every individual, irrespective of gender, can thrive and lead by example.”

Tech Mahindra Inks MoU with The Open University to Boost AI and Skills

New Delhi – March 12th, 2025: Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has signed a Memorandum of Understanding (MoU) with The Open University (OU), the UK’s largest university to drive innovation, skills development, and entrepreneurship. This strategic collaboration aims to bridge the gap between cutting-edge technology advancements and their real-world application, addressing global societal challenges like digital divide and sustainable urban development through research-driven solutions.

Through this collaboration, Tech Mahindra and OU will work together to advance research in Artificial Intelligence (AI), Extended Reality (XR), Generative AI (GenAI), and High-Tech solutions, fostering responsible and ethical technology development. The collaboration will expand OU’s Open Societal Challenges program, addressing inequality, sustainability, and barriers to well-being, and the Open Business Creators initiative, fostering an inclusive entrepreneurial community for aspiring business owners. It will also focus on developing high-quality higher education programs in India.

Harshul Asnani, President and Head – Europe Business, Tech Mahindra, said, “Technology is a powerful enabler of change, and by collaborating with The Open University, we are taking a significant step towards driving meaningful innovation. This collaboration will help address some of the world’s most pressing societal challenges while equipping future talent with the skills needed for embrace emerging technologies. Our shared commitment to ethical and responsible AI development will set new benchmarks for industry-academia collaboration.”

The MoU also represents a major step in Tech Mahindra’s long-term commitment to innovation, social responsibility, and talent development. The collaboration will create opportunities for students and professionals to gain expertise in AI, digital twins, and large language models (LLMs), fostering a new generation of tech-driven entrepreneurs and industry-ready professionals.

Kevin Shakesheff, Pro-Vice-Chancellor for Research and Innovation, The Open University said, “The Open University has always been at the forefront of education, and this collaboration with Tech Mahindra aligns with our mission to provide accessible, high-quality learning opportunities that have a tangible global impact. By combining our research expertise with Tech Mahindra’s industry leadership, we will create solutions that drive innovation.”

The collaboration will also strengthen Tech Mahindra’s position as an employer of choice, offering professionals opportunities to work on next-generation technologies with a real-world impact. Additionally, the collaboration will establish OU as a technology-enabled education and research institution, boosting their research capacity on real-world challenges and expand its student base, particularly in India.

Officenet Commends Digital Advancement with POSH Compliance Feature

Mumbai, 12 March 2025: Officenet, a leading HRMS solutions provider, has enhanced its platform with a new digital approval system to streamline compliance with the POSH (Prevention of Sexual Harassment) Act. This addition enables organizations to automate policy acknowledgment, ensuring seamless adherence to workplace safety regulations.

In response to the Supreme Court’s directive for stricter POSH compliance, Officejet has introduced a new feature enabling seamless digital acknowledgment of the POSH policy within its platform. Employees can review and confirm their acknowledgment, ensuring transparency and adherence to workplace safety regulations, while HR administrators can efficiently track and maintain compliance records. The integration also includes AI-powered compliance tracking, automated monitoring, reporting, and policy acknowledgment reminders. Non-compliance cases are escalated automatically, reducing administrative burden and reinforcing a safe, inclusive, and regulation-compliant work environment.

“With digital transformation reshaping HR processes, automating compliance is a natural step forward. By integrating digital POSH approvals into our platform, we simplify regulatory adherence while reducing administrative effort, making HR operations more efficient,” said Ms. Sonali Chowdhry, CEO of Office.

 The platform also offers comprehensive POSH training integration, allowing organizations to educate employees on workplace safety and legal compliance. Furthermore, customizable compliance features enable businesses to tailor policies and reporting structures to align with their internal frameworks.

As a deep-tech HRMS provider integrating AI and Machine Learning, Officenet continues to enhance automation and compliance features. The platform serves over 500 mid- and large-cap enterprises, including industry leaders such as Havells, LG Electronics, Prince Pipes, JBM Group, Trivitron Healthcare, Acme Generics, Bajaj Auto, Vishal Megamart, among others.

Nisara Perfumes Commends Timeless Elegance with New Oud Gift Set

March 12,2025:Nisara Perfumes, a renowned brand known for its exquisite and high-quality fragrances, proudly unveils its exclusive ‘Oud Gift Set’—a meticulously curated collection featuring four opulent Oud scents: Rose Oud, Musk Oud, Leather Oud, and Glorious Oud. Crafted for true fragrance connoisseurs, this set encapsulates the richness, depth, and allure of Oud in its most refined form.

Each fragrance in this luxurious collection offers a unique olfactory journey. Rose Oud intertwines floral elegance with the richness of Oud for a mesmerizing blend. Musk Oud captivates with its velvety, musky appeal, and Leather Oud delivers a bold, refined character infused with smoky, leather-like intensity Glorious Oud exudes warmth and sophistication with its deep woody undertones

According to Tarvinder Pal, Co-Founder & CEO of Nisara Perfumes, “As a brand that stands for craftsmanship and excellence, we wanted to offer something truly special for fragrance enthusiasts. The Nisara Oud Gift Set embodies the finest Oud blends, bringing together tradition and innovation in a way that appeals to today’s connoisseurs. This collection is more than just a fragrance set, as it is an invitation to experience the timeless opulence of Oud.”

Designed for those who appreciate sophistication, the Nisara Oud Gift Set transforms the art of gifting into an extraordinary experience. Whether for personal indulgence or as a luxurious present, this collection is a perfect harmony of tradition and modernity.

Lazy Never Felt Better Pepperfry Launches CLOUDDIO Campaign

Mumbai, March 12th, 2025: Pepperfry, India’s leading e-commerce furniture and home décor company, has launched its latest mattress brand, CLOUDDIO, with the new campaign ‘Lazy Knows What Lazy Wants.’ In a world obsessed with hustle culture, CLOUDDIO flips the script, celebrating those who embrace comfort, and rest unapologetically. Whether it’s hitting snooze guilt-free, turning the bed into a second home, or perfecting the art of doing absolutely nothing, this campaign redefines relaxation. More than just a mattress, CLOUDDIO is designed for scrolling, snacking, binge-watching, and lounging—because true comfort lovers know exactly what they want, and now, they have it.

The campaign challenges the notion that laziness is a flaw, proving instead that it’s a lifestyle—one that demands the perfect mattress. CLOUDDIO is crafted for those who don’t just sleep but truly live in their beds. With premium comfort and expert-tested, it supports every lazy-day essential, from binge-watching marathons to midday naps. After all, embracing the lazy life isn’t just about indulgence—it’s about balance. Taking time to rest and recharge is essential for reducing stress, improving well-being, and boosting productivity when it actually matters. Because when it comes to relaxation, no one knows better than the pros of doing the bare minimum.

Hussaine Kesury, Chief Business Officer at Pepperfry, shared, “CLOUDDIO isn’t just a mattress; it’s a rebellion against hustle culture. With ‘Lazy Knows What Lazy Wants,’ we’re celebrating those who take their relaxation seriously and embrace the slow life without guilt. We believe comfort is more than just sleep—it’s about creating a space where you can truly unwind, recharge, and be yourself. CLOUDDIO is crafted for those who make their bed the coziest place on earth, and we’re proud to be their partner in ultimate relaxation.”

So go ahead, hit snooze again, stay in bed a little longer—CLOUDDIO has got your back.

Join the Movement. Because lazy isn’t a flaw, it’s a lifestyle.

Trend spotting; Magicbricks Poll: 58 Percentage Homebuyers Prefer Plots for first-time investments

New Delhi, March 12, 2025: Magicbricks, India’s leading real estate platform, has observed a growing preference for plotted developments among first-time investors, who are drawn to their higher appreciation potential and long-term capital returns. According to a recent poll conducted by Magicbricks surveying approximately 2,200 homebuyers, 58% of respondents preferred investing in plots, followed by commercial spaces (17.1%).

Platform insights from Q4 2024 (October-December) indicate that Bengaluru accounted for the highest demand for plots (36.5%), followed by Chennai (11.0%) and Lucknow (8.9%). Notably, Lucknow recorded the highest preference for plotted developments, with 42.66% of property buyers in the city opting for plots over other property types.

The platform further revealed that plots ranging between 1,000–2,000 sq. ft. commanded 46.76% of the total demand in Q4’2024, highlighting a preference for mid-sized land parcels. Additionally, 50.83% of investors preferred plots priced up to INR 50 lakh, reinforcing the growing interest in affordable land investments.

According to Magicbricks, the average price of plots in Hyderabad stood at INR 2,765 per sq. ft., with Shadnagar, Kadthal, and Sadashivpet emerging as the leading supply hubs. Lucknow (INR 2,836 per sq. ft.) and Chennai (INR 3,208 per sq. ft.) were also identified as affordable cities for plotted investments.

In contrast, Gurugram (INR 21,901 per sq. ft.) and Noida (INR 22,523 per sq. ft.) were positioned as premium markets for plotted developments. However, Greater Noida, with a relatively affordable average price of INR 7,654 per sq. ft., can potentially emerge as a promising investment destination within the NCR region.

With plotted developments witnessing strong investor interest and developers responding with integrated township projects, this segment is set to play a key role in shaping India’s evolving real estate landscape.

Strong Real Estate Surge: Hyderabad’s Outskirts to House 12-15 percent of Grade A Offices by 2030

Gurgaon, India, 12 March 2025: Hyderabad’s real estate growth is rapidly expanding beyond its core hubs, with peripheral areas emerging as the city’s new growth frontiers. Fueled by prominent upcoming infrastructure projects such as the Metro Phase II extension, proposed Regional Ring Road (RRR), and industrial corridors, Hyderabad’s peripheral areas hold immense growth potential in the coming years. Additionally, supportive government policies such as Information & Communication Technology 2.0, Micro, Small, and Medium Enterprises (MSME) policy, Data Center policy, etc., a conducive business environment, and relatively affordable real estate price points are set to make Hyderabad’s peripheries increasingly attractive for businesses and investors.

While established hotspots in the West & Central Hyderabad will continue to drive real estate activity, peripheral areas including North, South, East, and West peripheries are expected to account for 12-15% of Hyderabad’s Grade A office stock and 5-10% of annual office space demand in the next 3-5 years, according to Colliers’ latest report, ‘Hyderabad: Emerging Real Estate Growth Hotspots’. The residential market is also set to witness significant traction, with property prices in the peripheral areas projected to rise 10-20% over the next 3-5 years.

“Hyderabad’s office market continues to mature, driving one-fifth of the demand and over one-fourth of the new supply across the top 6 cities in India during 2024. The city’s peripheral areas are set to enter a transformative growth phase, fueled by upcoming infrastructure projects and supportive government policies. The West Periphery micro-market in particular, including Kokapet, Neopolis, Narsingi, etc. is likely to witness heightened commercial activity, driven by price arbitrage compared to established IT hubs of Gachibowli & HITEC City and enhancements in metro connectivity. Both demand and supply of Grade A office spaces are likely to grow multifold in the next few years. Although average rentals in the West Periphery micro market could potentially increase by 10-15% from the current levels, the price arbitrage will persist and continue to be an attractive proposition for domestic & global occupiers, including GCCs.” says Arpit Mehrotra, Managing Director, Office Services, Colliers India.

Micromarket Definition- Old City includes Charminar, Nampally, Malakpet, Lakdi-ka-pul, Mehdipatnam, Attapur, Towlichowki, Karmanghat, etc.Central Hyderabad includes Jubilee Hills, Banjara Hills, Ameerpet, Punjagutta, Begumpet, Secunderabad, Somajiguda, Malkajgiri, Alwal, etc.

West Hyderabad includes Kondapur, Kukatpally, Kothaguda, HITEC City, Raidurg, Madhapur, Gachibowli, Financial District, Nanakramguda, Manikonda, etc. West Periphery includes Narsingi, Kokapet, Neopolis, Mallampet, Gopanpally, Nalagandla, Lingampally, Miyapur, Patancheru, Bandlaguda, etc.

While existing established markets in Hyderabad such as HITEC City, Raidurg, Kondapur, Gachibowli, Nanakramguda, etc. will continue to drive the office market, peripheral areas are likely to increasingly complement established office micro markets in the next few years. Emerging areas in the city’s periphery are likely to account for 20-25% of Hyderabad’s Grade A new supply, significantly up from a current share of less than 5%. Moreover, areas including Kokapet, Shamshabad, Uppal and Pocharam are expected to see notable rise in Grade A space uptake. Resultantly, peripheral micro markets can contribute up to 10% of Hyderabad’s annual leasing activity in the next 3-5 years. Additionally, Grade A stock in the peripheral areas can increase to 20-25 million sq ft in the next few years, from around 13 million sq ft currently. With heightened demand, average rentals across the four peripheral micro markets, too can rise further by 5-15% in the near-mid-term.

West Periphery is likely to see heightened office & residential activity Office: Driven by proximity to established IT hubs in West Hyderabad, and anticipated infrastructure upgrade in the form of Corridor 5 of Metro Phase II, peripheral areas like Kokapet & Neopolis can witness spillover office space demand in the next few years. Interestingly, the majority of the upcoming supply in the micro market already holds pre-LEED certification. Both Grade A office space demand & supply in West Periphery is projected to grow multifold times. Consequently, we can anticipate Grade A office stock in the micro market to double up and reach close to 22 million sq ft in the next 3-5 years.

Residential: Housing prices in the Western Periphery micro market have already surged by over 50% in the last five years, with further increase of 10-15% expected in prominent localities like Kokapet, Neopolis, Nalagandla etc. While upscale residential developments will continue to focus on these areas, affordable & mid-segment housing will gain larger ground in Tellapur, Lingampally, Bandlaguda and Miyapur.

Strong intra-city connectivity to drive real estate developments in South Periphery Industrial & warehousing: Within the South Periphery micro market, areas like Shamshabad, and adjoining localities such as Kothur & Shadnagar are primed for industrial & warehousing growth, benefiting from manufacturing clusters near Rajiv Gandhi International Airport (RGIA), the upcoming airport metro connectivity and proposed Hyderabad-Bengaluru Industrial Corridor.

Data Centers: Data Center market in Hyderabad is likely to see robust growth in the coming years driven by the State Data Center policy and the updated Information & Communication Technology policy. Leading operators have already announced their expansion plans and are likely to set up more than 350 MW of Data Center capacity in the South Periphery micro market in the next 3-5 years.

East Periphery growth to be driven by affordability & proximity to Tier II CitiesResidential: The upcoming Corridor 8 of the Phase II metro project and the proposed Hyderabad -Warangal Industrial Corridor is likely to spur residential real estate of East Periphery micro market across housing categories including plotted development and luxury villas. Areas such as Uppal, Pocharam, Nagole, Hayath Nagar, LB Nagar, etc. will continue to see strong housing demand amidst improved connectivity, and price arbitrage of 40-50% compared to central areas of the city.

Industrial & warehousing: Existing connectivity to Warangal & Vijayawada and the upcoming industrial corridor are likely to fast-track greenfield project development and catalyse demand for warehouses, logistics hubs, and manufacturing units near Pocharam, Ghatkesar, Rampally, etc. Ancillary industry development in the EV sector can also add to the warehousing demand over the course of the next few years.

“Apart from office and industrial & warehousing segments, Hyderabad’s peripheral areas are experiencing a surge in residential real estate activity. Upscale offerings in Kokapet, Neopolis, and Nalagandla etc. of West Periphery micro market are likely to witness significant traction due to its proximity to established commercial hubs. At the same time, locations within the East Periphery micro market such as Uppal, Pocharam, and Hayath Nagar, can witness an uptick in housing sales across all segments, particularly in the affordable and mid-range categories. Additionally, rental housing in industrial hubs such as Medchal in the North Periphery micro market is set to gain momentum, driven by affordable land prices and demand from industrial workers & migrants.” says Vimal Nadar, Senior Director & Head of Research, Colliers India.

North Periphery to witness traction in industrial & warehousing as well as alternative segments
Industrial & warehousing: The North Periphery micro market, led by proximity to existing industrial hubs in Medchal, Kompally, and Shamirpet and proposed infrastructure projects such as the Regional Ring Road and Hyderabad-Nagpur Industrial Corridor will drive demand for Grade A warehouses in the long-term. The micro market will continue to significantly contribute to Hyderabad’s industrial & warehousing demand driven by Third-party Logistics (3PL), retail and electronics segments. Additionally, with the influx of state-of-the-art warehouses, supply-side constraints can be mitigated to a large extent over the next 3-5 years.

Life sciences: The North Periphery micro market, driven by its proximity to Genome Valley and key R&D clusters, has the potential to complement the city’s life sciences and pharmaceutical industry. Real estate requirements and investments for innovation, research, manufacturing centers, and ‘plug & play’ laboratories are expected to rise further in the coming years. Overall nascent alternative segments such as life sciences can witness quantum growth over the next few years, backed by anticipated segment-specific policies, and incentivization of dedicated manufacturing clusters.