Facebook India has leased 69,702 sq ft in Hyderabad’s Hitec City for five years, strengthening its long-term presence in the city. With rising GCC demand, renewed leases, and robust leasing volumes, Hyderabad continues to outpace Bengaluru in attracting global enterprises. The city closed 2025 with strong momentum, driven by diversified occupier activity.
Hyderabad’s position as a leading global capability centre hub gained further strength as Facebook India signed a five-year lease for nearly 69,702 sq ft of premium office space in Hitec City. The agreement, registered on December 2, 2025, involves Mahanga Commercial Properties Pvt Ltd and Facebook India Online Services Pvt Ltd, with a monthly rent of ₹67 lakh. The deal includes 70 parking slots and a security deposit of ₹4.01 crore, reinforcing long-term confidence in the city’s commercial ecosystem.
A Strategic Bet on Hitec City
The new office, located on the fourth floor of Skyview 20, marks another significant investment by the company in Hyderabad’s thriving tech corridor. The lease term begins July 18, 2025, with rent commencement already underway since December 18, 2025. The agreement also includes a 15% escalation after three years, underscoring a steady demand outlook for high-grade commercial assets in the district.
This move follows Facebook’s earlier commitments in 2024, when the company renewed 3.7 lakh sq ft of office space across two major transactions in the same micro-market. One renewal covered 84,053 sq ft at a monthly rent of ₹65.7 lakh, while another spanned 2.8 lakh sq ft at a monthly rent of ₹2.15 crore, backed by a total security deposit of ₹16.8 crore.
Hyderabad Outpacing Competing GCC Destinations
Hyderabad continues to surge ahead of Bengaluru in attracting top-tier GCCs. Real estate experts highlight factors such as a highly skilled talent pool, progressive policy environment, robust digital connectivity, and availability of sub-dollar rentals as key advantages. Over the past three years, the city has secured nearly 40% of all new greenfield GCC setups in India, positioning itself as a preferred global innovation hub across sectors such as pharma, BFSI, technology, and life sciences.
Office Market Ends 2025 on a High Note
The city’s commercial performance remained resilient through 2025. A Knight Frank report shows Hyderabad registered 1.06 million sq m (11.4 million sq ft) of office transactions—up 10% year-on-year and the second-highest annual leasing volume on record, behind 2019’s peak. Activity in the second half of 2025 alone accounted for 0.51 million sq m (5.5 million sq ft), reflecting sustained demand despite limited new supply entering the market.
GCCs Drive Demand Across Diverse Sectors
Hyderabad’s occupier profile continues to expand in diversity and depth. In H2 2025, GCCs accounted for 50% of total leasing, rising sharply from 38% the previous year. Major global names—including Warner Bros. Discovery, Charles Schwab Corporation, Goldman Sachs, Randstad and ServiceNow—anchored several large deals, signalling long-term strategic commitments.
Sector-wise, leasing was well distributed: consulting, healthcare and entertainment (36%), BFSI (32%), manufacturing (18%), and IT/ITeS (15%). This shift highlights the city’s evolution beyond traditional back-office operations into a multifunctional, global enterprise hub.
A Continued Upward Trajectory
Facebook’s latest expansion in India is another milestone in Hyderabad’s ongoing rise as a global office destination. With strong occupier confidence, consistent leasing momentum, and a rapidly growing GCC ecosystem, the city is positioned for sustained growth well into 2026 and beyond
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