How Mindspace, Madhapur is redefining Hyderabad's skyline
Scheduled for completion by December 2025, this ambitious endeavor will introduce a fresh lease of life with a leasable area spanning an impressive 1.3 million square feet.
By Anoushka Caroline Williams Published on 12 Oct 2023 5:46 AM GMT
Hyderabad: Mindspace at Madhapur is set to redefine Hyderabad's skyline in the coming years.
This bustling IT hub is set for a remarkable transformation that promises to reshape the landscape of the business district.
The blueprint for this transformation is laid out in the Mindspace REIT Annual Report for the fiscal year 2023. This report unveils an impressive array of projects, with the redevelopment of the 1A and 1B blocks taking center stage.
Scheduled for completion by December 2025, this ambitious endeavor will introduce a fresh lease of life with a leasable area spanning an impressive 1.3 million square feet. The vision is clear: to create a contemporary workspace that caters to the evolving needs of businesses.
Expanding horizons even further, Mindspace has set its sights on the redevelopment of buildings 7 and 8. With an estimated completion date in the third quarter of fiscal year 2027, this ambitious project boasts a leasable area of 1.61 million square feet. What sets this development apart is its dedication to environmental responsibility, aiming for LEED Platinum Rating and Wellness Certification Standards.
Mindspace Madhapur Experience Centre
Notably, the Mindspace REIT Annual Report introduces us to the Mindspace Madhapur Experience Centre, set to be completed by Q1 FY25. Spanning a leasable area of 0.13 million square feet, this hub of activity promises to be the heart of the business park, where work and leisure converge seamlessly. Thoughtfully designed workspaces are complemented by recreational facilities such as food courts, gyms, spas, indoor games, and fine-dining restaurants.
Madhapur: The Preferred Micro-Market
The report further highlights Madhapur as the most preferred micro-market in Hyderabad, consistently garnering nearly two-thirds of net absorption every year. This statistic underscores the enduring appeal of the business park as a prime destination for businesses seeking to establish or expand their presence in the city.
With these remarkable projects and developments on the horizon, the business district is poised to offer an even more compelling and dynamic environment for businesses to thrive and evolve. Hyderabad's skyline is set for an exciting future, and Mindspace Madhapur is undoubtedly at the forefront of this evolution.
