Hyderabad’s Office Space

Hyderabad’s Office Space Absorption Rises 7% to 7.5 Million Sq. Ft. in 2024 0
- Industry News
- March 24, 2025
Hyderabad’s office space absorption grew by 7% in 2024, reaching 7.5 million sq. ft., driven by Grade-A micro-markets. Despite rental growth, supply constraints pushed vacancy rates to a record 26.5%. The IT-ITeS sector saw a slight dip, while BFSI and coworking expanded. NCR led with a 61% surge in net absorption.
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Hyderabad’s Office Space Absorption Rises 7% to 7.5 Million Sq. Ft. in 2024 0