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
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 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.
