Hyderabad Office Leasing Rises 47% in 2026, Retaining India’s #2 Position

Hyderabad office leasing 2026

Hyderabad continues to strengthen its position in India’s commercial real estate market. Hyderabad office leasing 2026 has recorded strong growth, according to Colliers.

The city recorded 9.4 million sq. ft. of Grade A office leasing from January to September 2026. This represents a 47% year-on-year increase.

As a result, Hyderabad ranked second among India’s major office markets, behind Bengaluru. The growth highlights the city’s rising demand from global companies, technology firms and flexible workspace operators.

Strong Demand from GCCs and Technology Companies

GCCs and technology companies continue to drive office demand in Hyderabad. In addition, flexible workspace operators are expanding their presence.

Hyderabad also offers a strong IT ecosystem and skilled talent pool. Therefore, the city remains an attractive destination for companies planning new offices or expansions.

Hyderabad Adds New Office Supply

Meanwhile, Hyderabad added around 6.7 million sq. ft. of new office space in Q3 2026. This accounted for nearly 35% of India’s total quarterly office supply.

The new supply is helping meet growing demand for Grade A office space. It also reflects continued development in Hyderabad’s commercial real estate sector.

Hyderabad’s Commercial Real Estate Growth

At the national level, India recorded 54.4 million sq. ft. of Grade A office leasing during the first nine months of 2026.

Hyderabad’s strong performance further highlights its growing role in India’s office market. Moreover, continued GCC and technology expansion is supporting demand.

Overall, Hyderabad office leasing 2026 reflects the city’s growing commercial real estate activity. With new office developments and continued business expansion, Hyderabad remains an important office market in India.

Join The Discussion