Hyderabad is firmly establishing itself as the leader in India’s office market. Currently, the city boasts 134 million square feet of office space, holding a 15% share of the country’s office space market. By 2030, this is expected to grow to 200 million square feet, securing 18% of the national market share. A joint report by CBRE, South Asia, and the Hyderabad Software Enterprises Association (HYSEA) highlighted the strong demand for office space from international firms. Since 2014, Hyderabad has seen a 30% increase in office space capacity, becoming a key growth hub for India’s real estate sector, thanks to its extensive infrastructure and skilled workforce.
The city has also become a preferred destination for Global Capability Centers (GCCs) in the technology, BFSI, and life sciences sectors. Among these, the technology sector holds a dominant 31% share in office leasing, making Hyderabad the second-largest center for GCCs after Bengaluru. This growth trajectory solidifies Hyderabad’s position as a major player in the country’s office leasing market.
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