Raj Bhavan Road in Hyderabad witnessing rental growth
Raj Bhavan Road, where the residence of the Governor of Andhra Pradesh is located, is a a prominent political and commercial locality in Hyderabad.
The area is home to many high-end malls like City Centre mall, GVK mall and Life style mall. Central Business District of Hyderabad, the locality witnessed an increase of 9 per cent in the rental values of commercial office spaces in the last six months.
The rental values are the highest for A-grade commercial spaces which are located on the main road and offer all the modern day facilities such as 24 hour power back up, furnishings, lifts, parking space etc. For these spaces, rents are in the range of Rs 38 per sq ft to Rs 50 per sq ft per month.
To read more real estate news:
Hyderabad to witness growth in office space demand: C&W
A-grade commercial spaces, central business district, City Centre mall, commercial locality, commercial office spaces, commercial office spaces in India, GVK mall, high-end malls, Hyderabad, Hyderabad real estate, Life style mall, Lifts, Parking space, Raj Bhavan Road, rental values
