Hyderabad records 50% rise in office leasing, crosses 13.1 million sq ft in nine months of 2026: Knight Frank

The commercial real estate market in Hyderabad witnessed a substantial expansion, recording a fifty percent increase in office leasing activity. Data released by property consultant Knight Frank indicated that total leasing volume crossed 13.1 million square feet during the first nine months of 2026. This surge points to strong economic momentum and sustained corporate interest in the city as a preferred hub for business operations. Commercial developers have responded actively to the rising demand by delivering modern office spaces equipped with advanced infrastructure.

Global Capability Centers played a dominant role in this commercial growth, accounting for nearly forty-seven percent of the city's total office transactions. These multinational corporate hubs continue to expand their footprints in Hyderabad to tap into the skilled local talent pool and favorable business environment. At the same time, flexible workspaces constituted twenty-six percent of total transactions, reflecting a shifting preference among modern enterprises and startups for agile and scalable office arrangements.

For readers in India, this economic milestone matters because it highlights Hyderabad's emergence as a premier engine of national growth and employment. The expansion of office space translates directly to thousands of new corporate jobs and increased urban development in the region. It also signals broader economic confidence among international investors who continue to place major bets on Indian urban centers for their global operations.