Hyderabad Archives - Flex Insights

Hyderabad Leads India’s Office Space Boom with Largest Average Deal Size 0

Hyderabad topped India’s office space market in 2024 with the highest average deal size of 70,535 sq ft, a 10.13% increase. Nationally, deal sizes grew 10.24%, driven by demand for premium spaces. Mumbai saw the most significant growth at 54.59%, with Bengaluru, Delhi NCR, and Pune also recording significant activity.

Meta Renews 367,000 Sq Ft Lease in Hyderabad’s Hitech City 0

Meta renews its 367,000 sq ft office lease in Hyderabad’s Hitech City for five years, reinforcing its commitment to India. With ₹170 crore in total outlay, this move highlights Hyderabad’s growing appeal for global corporations amid rising demand for premium office spaces in India’s thriving commercial real estate market.

Facebook Renews Hyderabad Office Lease for ₹2.8 Crore Monthly 0

Facebook has renewed its Hyderabad office lease in Hitech City for ₹2.8 crore monthly rent across 3.7 lakh sq ft. With a five-year lease and a 15% rent escalation in 2026, this move highlights Hyderabad’s growing appeal. Rising rental rates solidify the city as a prime IT and commercial hub.

Hyderabad’s Office Space Leasing Hits Record Growth in 2024 0
- Industry News
- January 2, 2025
Hyderabad recorded 56% growth in Grade A office space leasing in 2024, reaching 12.5 msft, driven by tech, healthcare, and flex sectors. The city contributed 19% to India’s total leasing activity, dropping vacancy levels by 90 bps. New supply and GCC-led demand position Hyderabad as a key commercial hub.
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Hyderabad Expands Coworking Footprint: IT Minister Highlights Growing Demand 0
- Industry News
- January 1, 2025
Hyderabad is expanding its coworking footprint, with IT Minister Sridhar Babu highlighting the city’s affordable, high-quality spaces. The launch of WeWork in central Hyderabad marks a shift from IT hubs in the West, fostering growth for startups and SMEs. The plan is to develop coworking hubs near the ORR to decentralise business opportunities.
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Microsoft Strengthens Indian Presence with Land Acquisition Near Hyderabad 0
- Industry News
- December 16, 2024
Microsoft acquires 121,000 sq yards of land near Hyderabad for ₹181.25 crore, expanding its data centre footprint in India. Microsoft bolsters its cloud infrastructure with recent land purchases in Hyderabad and Maharashtra. It also grows its flexible office presence to 400,000 sq ft, reinforcing its long-term commitment to India.
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