Meta Platforms’ Indian arm, Facebook India Online Services Pvt Ltd, has further strengthened its footprint in Hyderabad with a fresh office lease in the city’s prime IT corridor, Hitec City. According to the documents accessed by CRE Matrix, the company has signed a five-year lease for nearly 69,702 sq ft of Grade A office space. This reaffirms Hyderabad’s position as one of India’s most resilient and attractive technology hubs.
Details of the Lease Transaction
Facebook India has leased the space in Skyview 20, part of The Skyview commercial complex, from Mahanga Commercial Properties Pvt Ltd. According to the lease documents, the agreement was signed on December 2, 2025, with rent commencement starting on December 18, 2025.
The monthly rental is close to ₹67 lakh, translating to rentals of around ₹96 per sq ft. The lease agreement also includes a 15% rental escalation after three years, reflecting both the quality of the asset and sustained occupier confidence in the micro-market.
Reinforcing Hyderabad’s Tech and GCC Ecosystem
This large-format transaction highlights Hyderabad’s continued appeal to global technology companies, particularly for Global Capability Centres (GCCs). Over the years, Hitec City has evolved into a deeply institutionalised office market, offering scale, modern infrastructure, and long-term flexibility—key requirements for multinational occupiers.
Commenting on the transaction, Abhishek Kiran Gupta, CEO and Co-founder of CRE Matrix, said the deal underscores Hyderabad’s strength as a strategic GCC and technology hub. He noted that occupiers are increasingly willing to pay a premium for Grade A office assets that offer operational efficiency, scalability, and future-ready infrastructure.
Such transactions, especially at near-70,000 sq ft scale, signal sustained demand from global tech players and reinforce Hitec City’s status as one of India’s most stable and sought-after office micro-markets.
Meta’s Longstanding Presence in Hyderabad
Meta’s association with Hyderabad dates back to 2010, when the company opened its first India office in the city. Since then, it has consistently expanded its presence, making Hyderabad a key centre for its India operations.
In fact, towards the end of 2024, Meta renewed leases for a significantly larger office footprint—around 367,000 sq ft—within the same Skyview property. These renewals were executed through two separate agreements for an additional five-year tenure, with a total rental commitment of approximately ₹170 crore. The latest lease further consolidates Meta’s long-term commitment to the location.
Office Market Momentum Across India
Technology companies and flexible workspace operators led absorption during the year, driven by GCC expansion, return-to-office strategies, and India’s growing role in global business operations.
Facebook India’s latest lease in Hitec City is more than just an expansion—it is a strong endorsement of Hyderabad’s office market fundamentals. As global technology firms continue to deepen their India presence, well-located, Grade A assets in established IT corridors are likely to remain in high demand, supporting stable rentals and long-term market confidence.
Recent Transactions
Hyderabad’s commercial real estate market continues to gather momentum, with several large-format office space transactions in key micro-markets driven by technology companies and global capability centres expanding operations in the city.
In a recent transaction, Global real estate consultancy Jones Lang LaSalle Property Consultants India (JLL) leased 1.21 lakh sq ft of office space at Prestige Skytech – Sky One in Poppalguda, Gandipet mandal, Hyderabad. In another transaction, WeWork India leased 1,75,953 sq ft at Skyview 20 in Hitech City.
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