India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

BuzzWorks, the flexible workspace arm of Brigade Group, has signed a 24,000 sq ft lease with Infor India at Auro Orbit, HITEC City, Hyderabad. Designed with an “Urban Forest” theme, the centre supports BuzzWorks’ push to scale to 1 million sq ft and 1 lakh seats across India by 2030.
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Hyderabad’s HITEC City, a magnet for global capability centres (GCCs), has hit a leasing saturation point. With no Grade A office space available until late 2026, industry insiders reveal that major companies like Heineken are being pushed to explore nearby locations like the Financial District and Gachibowli.
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India’s commercial office rental market is booming, with Mumbai leading a 28% rise and Hyderabad close behind at 24.1%. Driven by Global Capability Centres, BFSI, and tech firms, prime metros show strong demand for Grade A spaces. Investor confidence remains high as India redefines the future of work.
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Hyderabad’s office market is facing a growing vacancy crisis, with new space deliveries outgrowing demand since 2020. With 28 million sq ft now lying vacant, the city tops India’s major markets for unused inventory. Experts suggest flexible leasing and coworking models may help ease the imbalance in the coming months.
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Hyderabad’s office market surged in Q1 2025 with a 9% rent hike, driven by strong demand from IT firms and Global Capability Centers. While residential sales dipped slightly, premium housing saw notable growth, reflecting rising interest in high-value properties amid shifting buyer preferences and evolving workspace trends.
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Hyderabad’s real estate sector is booming, adding 17 million sq. ft. of Grade A/A+ office space in 2024—the fastest expansion in a year. The housing market saw a 14% drop in unsold inventory and a 17% price rise. Coworking demand surged 26%, solidifying Hyderabad as a commercial hub.
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