What is Meta's new office space in Hyderabad?

Meta has leased nearly 70,000 square feet of office space in Hyderabad's Skyview 20 building.

Why is Hyderabad important for technology companies like Meta?

Hyderabad is recognized as a strong technology and global capability center (GCC) hub, attracting significant investment from tech firms.

What do high rental prices in Hitec City indicate?

High rentals of around ₹96 per sq ft suggest strong demand for quality Grade A office spaces with good infrastructure and flexibility.

Home / Business and Economy / Meta Leases 70,000 Sq Ft in Hyderabad Tech Hub

Meta Leases 70,000 Sq Ft in Hyderabad Tech Hub

8 Jan

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Summary

Meta secured nearly 70,000 sq ft of office space in Hyderabad.
The lease transaction underscores Hyderabad's strength as a technology center.
High rentals of ₹96 per sq ft reflect demand for premium office spaces.

Meta Leases 70,000 Sq Ft in Hyderabad Tech Hub

Meta has significantly expanded its presence in Hyderabad by leasing nearly 70,000 square feet of prime office space at Skyview 20 in Hitec City. This transaction underscores Hyderabad's robust commercial real estate market and its crucial role as a technology hub within India. The company first established its India operations in the city in 2010.

The substantial lease, reportedly at rentals of approximately ₹96 per square foot, signals a strong demand for premium Grade A office spaces. Experts note that occupiers are prepared to pay a premium for assets offering superior scale, infrastructure, and long-term flexibility, reflecting a strategic focus on quality workspaces.

This deal reinforces Hitec City's standing as one of India's most resilient and institutionalized office micro-markets. The sustained interest from global technology firms like Meta demonstrates ongoing confidence in Hyderabad's ecosystem for global capability centers and technological innovation.