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QUINN-property launches landmark Indian development
QUINN-property is delighted to announce the launch of its first property development in India - Q City, Hyderabad.
Hyderabad is the capital city of Andhra Pradesh and is home to more than 6 million people. It is widely considered the emerging information technology (IT) and biotechnology hub of India and is home to many major indigenous and international companies such as Accenture, Microsoft, Oracle, Dell, Deloitte, IBM, HSBC, Tata, Amazon and Google. Hyderabad is also an important centre of learning and has eight universities, two medical colleges and over 200 engineering schools.
About Q City, Hyderabad
Q City, Hyderabad is a modern international office development located in the emerging business district of Gachibowli. Adjacent to the prestigious Indian School of Business, the property enjoys a prominent setting among the sprawling campuses of marquee organisations such as Microsoft, Computer Associates, Wipro, UBS and InfoSys. The property also benefits from close links to Hi-Tech City, Banjara Hills and the new international airport at Shamshabad.
Q City is professionally managed by Cushman & Wakefield and consists of two Class A office blocks linked by means of a glass-panelled interconnecting walkway. In total, Q City provides about 75,000 sqm commercial space, divided over 10 floors in Block A (18,000 sqm) and 9 floors in Block B (57,000 sqm). Each floor plate has significant flexibility to adapt to individual tenant requirements with Block B, in particular, having the capacity to accommodate up to four different tenants at any one time (with each having separate access, reception areas, toilets etc). Project-common retail, consisting of a subsidized cafeteria and foodcourt, will also be provided and are currently under discussion with a view to incorporating international-standard design and operation.
Q City has been developed by Indu Projects Limited, a leading developer in Hyderabad, and incorporates international-standard specifications such as full generator back-up, sixteen high-speed Mitsubishi passenger lifts, up-to-the-minute fire fighting / alarm systems and substantial floor to ceiling heights. In addition, Q City enjoys a high level of natural light from the modern curved design and extensive façade glazing.
CB Richard Ellis is the exclusive leasing and marketing agent for Q City. For further information, please contact:
Rajat Johar
Head Operations Hyderabad
CB Richard Ellis South Asia Pvt Ltd
211, Maximus 2B,
Mindspace, Madhapur
Hyderabad - 500 081
India
Tel: +91 99 6333 3600
E-Mail: rajat.johar@cbre.co.in
Further details of Q City are available at www.q-city.in
QUINN-property
QUINN-property is a division of the Quinn Group, a multinational organization with substantial interests in a range of diverse industry sectors throughout Central and Western Europe including financial services, hotel & property management, cement production and the manufacture of related concrete products. It is a market leader in Ireland and the UK in the production of container glass products for the drinks and food trade and is a major provider of building insulation products. It is also a market leader on a European wide basis in the supply of heating radiators and also for the production of industrial and domestic plastics. In line with its mission of ongoing diversification, the Group is now substantially extending its commercial property portfolio in Russia, the CIS and India where it is now set to establish itself as the leading provider of Class A commercial space.
Further details of QUINN-property are available at www.quinn-property.com
Indu Projects Limited
Indu Projects Limited is an end-to-end solutions provider in Infrastructure and Real Estate headquartered in Hyderabad with operations spread across India. Incorporated in 2001, the group has grown enormously with a workforce in excess of 1,300. The company has expertise in developing IT parks, IT SEZ, Townships, Shopping Malls, Multiplexes, Hotels, Theme Ventures and core infrastructure like Irrigation projects, Energy projects and Roads. Indu's specialization ranges from design, construction management to whole-life asset management and offers customers complete end-to-end solutions. The company's strength stems from a knowledge-based approach by a highly experienced team, strong multidisciplinary capabilities and state-of-the-art infrastructure.
Further details of Indu Projects Limited are available at www.induprojects.com
CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest real estate services firm (2007 revenues in excess of $US 6 billion), with over 29,000 employees and more than 300 offices worldwide (excluding affiliate offices). With unparalleled intellectual capital, unmatched global capabilities, and a platform built on leadership in every major local market, CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis was the first independent international real estate consultancy to set up offices in the Indian sub-continent in 1994. With its wide range of services offerings, which cover every sector of real estate consulting, viz. Strategic Consulting, Transaction Management, Project Management, Property Management, Valuation Advisory and Capital Markets, CB Richard Ellis today is an Indian market leader in its field, employs over 1,400 professionals and has undertaken assignments in more than 85 cities across India.
Further details of Indu Projects Limited are available at www.cbre.com
