{"id":1323,"date":"2026-01-08T19:36:53","date_gmt":"2026-01-08T14:06:53","guid":{"rendered":"https:\/\/www.crematrix.com\/blog\/?p=1323"},"modified":"2026-02-27T15:52:44","modified_gmt":"2026-02-27T10:22:44","slug":"facebook-india-leases-69702-sq-ft-office-space-in-hyderabads-hitec-city","status":"publish","type":"post","link":"https:\/\/www.crematrix.com\/blog\/facebook-india-leases-69702-sq-ft-office-space-in-hyderabads-hitec-city\/","title":{"rendered":"Facebook India Leases 69,702 Sq Ft Office Space in Hyderabad\u2019s Hitec City"},"content":{"rendered":"\n

Meta Platforms\u2019 Indian arm, Facebook India Online Services Pvt Ltd, has further strengthened its footprint in Hyderabad with a fresh office lease in the city\u2019s prime IT corridor, Hitec City. According to the documents accessed by CRE Matrix<\/a>, the company has signed a five-year lease for nearly 69,702 sq ft of Grade A office space. This reaffirms Hyderabad\u2019s position as one of India\u2019s most resilient and attractive technology hubs.<\/p>\n\n\n\n

Details of the Lease Transaction<\/h4>\n\n\n\n

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.<\/p>\n\n\n\n

The monthly rental is close to \u20b967 lakh, translating to rentals of around \u20b996 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.<\/p>\n\n\n\n

Reinforcing Hyderabad\u2019s Tech and GCC Ecosystem<\/h4>\n\n\n\n

This large-format transaction highlights Hyderabad\u2019s 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\u2014key requirements for multinational occupiers.<\/p>\n\n\n\n

Commenting on the transaction, Abhishek Kiran Gupta<\/a>, CEO and Co-founder of CRE Matrix, said the deal underscores Hyderabad\u2019s 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.<\/p>\n\n\n\n

Such transactions, especially at near-70,000 sq ft scale, signal sustained demand from global tech players and reinforce Hitec City\u2019s status as one of India\u2019s most stable and sought-after office micro-markets.<\/p>\n\n\n\n

Meta\u2019s Longstanding Presence in Hyderabad<\/h4>\n\n\n\n

Meta\u2019s 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.<\/p>\n\n\n\n

In fact, towards the end of 2024, Meta renewed leases for a significantly larger office footprint\u2014around 367,000 sq ft\u2014within 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 \u20b9170 crore. The latest lease further consolidates Meta\u2019s long-term commitment to the location.<\/p>\n\n\n\n

Office Market Momentum Across India<\/h4>\n\n\n\n

Technology companies and flexible workspace operators led absorption during the year, driven by GCC expansion, return-to-office strategies, and India\u2019s growing role in global business operations.<\/p>\n\n\n\n

Facebook India\u2019s latest lease in Hitec City is more than just an expansion\u2014it is a strong endorsement of Hyderabad\u2019s 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.<\/p>\n\n\n\n

Recent Transactions<\/h4>\n\n\n\n

Hyderabad\u2019s 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. <\/p>\n\n\n\n

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<\/a> \u2013 Sky One in Poppalguda, Gandipet mandal, Hyderabad. In another transaction, WeWork India leased 1,75,953 sq ft at Skyview 20 in Hitech City<\/a>. <\/p>\n\n\n\n

Elevate your decisions in real estate as a developer or broker with CRE Matrix\u2018s data-driven insights. Book a demo now<\/a>!<\/p>\n\n\n\n

Media Mentions<\/em><\/h4>\n\n\n\n