Hyderabad Market Watch | Office Year-End 2023
In 2023, Hyderabad’s office leasing market recorded a significant resurgence, with gross leasing activity reaching 8.6 mn sq. ft., marking a 34% YOY increase. While the return to office gained momentum, the city fell just shy of the 2019 leasing record of 9.5 mn sq. ft.
The IT-BPM sector continued to spearhead Hyderabad’s office market, maintaining a robust stance with a commanding 36% share of total leasing.
Stay updated with more trends and developments from the city in our report, Hyderabad Market Watch | Office Year-End 2023.
