Hyderabad continues to consolidate its position as one of India’s most attractive destinations for global technology companies and Global Capability Centres (GCCs). In a significant commercial real estate transaction, Facebook India Online Services has leased nearly 69,702 sq ft of Grade-A office space in Hitec City, Hyderabad, for a five-year term at a monthly rent of approximately ₹67 lakh.
This deal further reinforces Hyderabad’s growing reputation as a high-value office market backed by strong occupier confidence and sustained demand from multinational corporations.
Key Details of Facebook India’s Hyderabad Office Lease
According to the lease deed accessed by CRE Matrix, the agreement has been executed between Mahanga Commercial Properties Pvt Ltd and Facebook India Online Services Pvt Ltd.
The office space is located in the Skyview 20 building at The Skyview complex in Hitec City, one of the city’s most prominent IT and commercial hubs.
Transaction highlights:
Office area: 69,702 sq ft
Floor: Fourth floor
Car parking: 70 slots
Lease tenure: 5 years
Monthly rent: ~₹67 lakh
Security deposit: ₹4.01 crore
Rent escalation: 15% after 3 years
The lease was registered on December 2, 2025, with rent commencement from December 18, 2025, while the lease term is effective from July 18, 2025.
Facebook’s Expanding Office Footprint in Hyderabad
This is not Facebook’s first major commitment to Hyderabad. In 2024, the company renewed leases for nearly 3.7 lakh sq ft of office space in Hitec City across two separate transactions.
According to registration documents accessed by Propstack:
84,053 sq ft was renewed in December at a monthly rent of ₹65.7 lakh
2.8 lakh sq ft was renewed in April at a monthly rent of ₹2.15 crore
Total monthly rent: ₹2.8 crore
Total security deposit: ₹16.8 crore
Lease tenure: 5 years
These continued expansions highlight Facebook’s long-term operational strategy and its confidence in Hyderabad as a stable and scalable business location.
Why Hyderabad Is Emerging as India’s Leading GCC Hub
Hyderabad is witnessing a record influx of Global Capability Centres due to several structural advantages:
Skilled and abundant workforce
Office rentals under one dollar per sq ft
Progressive state government policies
World-class infrastructure and digital connectivity
Diversified sector presence across technology, pharma, BFSI, life sciences, consulting, and entertainment
Real estate experts note that Hyderabad has outpaced Bengaluru in recent years, capturing nearly 40% of all new greenfield GCC setups in India over the past three years.
Hyderabad Office Market Performance in 2025
According to a report by Knight Frank, Hyderabad’s office market closed 2025 on a strong footing:
Total leasing in 2025: 1.06 million sq m (11.4 million sq ft)
Year-on-year growth: 10%
Second-highest annual leasing ever, after 2019
Leasing activity in H2 2025 remained steady at 0.51 million sq m (5.5 million sq ft), reflecting consistent occupier demand throughout the year rather than a front-loaded cycle.
GCCs Lead Office Space Demand
GCCs accounted for 50% of total leasing in H2 2025, up from 38% in H2 2024
GCC leasing volumes grew 36% YoY
Major GCC transactions during this period included companies such as Charles Schwab Corporation, Warner Bros. Discovery, Randstad, Goldman Sachs, and ServiceNow.
Sector-wise GCC demand was diversified:
Other services (consulting, healthcare, entertainment): 36%
BFSI: 32%
Manufacturing: 18%
IT/ITeS: 15%
This diversification signals Hyderabad’s evolution beyond a pure technology back-office hub into a multi-sector global services centre.
What This Means for Commercial Real Estate Investors and Occupiers
Facebook India’s latest lease is a strong endorsement of Hyderabad’s commercial real estate fundamentals. For investors, it underlines the attractiveness of Grade-A office assets in prime micro-markets like Hitec City, offering long-term income visibility and lower vacancy risk.
For corporates, Hyderabad continues to stand out as a cost-efficient, scalable, and future-ready location for large office setups and GCC operations.
Conclusion
Facebook India leasing nearly 69,702 sq ft of office space in Hyderabad’s Hitec City is more than just a real estate transaction—it reflects the city’s growing stature as a global business and GCC destination. Supported by strong leasing volumes, diversified occupier demand, and global corporate commitments, Hyderabad’s office market is well-positioned for sustained long-term growth.
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