The growth has been driven by robust occupier demand, expansion of Global Capability Centers (GCCs), and increasing adoption of flexible workspaces, despite ongoing global economic uncertainties.

Bengaluru & Hyderabad Lead the Surge

Bengaluru and Hyderabad emerged as the top-performing office markets, collectively accounting for nearly 50% of total leasing activity, with a combined demand of 8.7 million sq ft.

Other major cities including Mumbai, Pune, Delhi-NCR, and Chennai recorded steady Grade A leasing activity in the range of 2–3 million sq ft each.

Notably:
Hyderabad and Pune saw leasing demand more than double YoY, indicating strong expansion momentum in these markets.

Technology & BFSI Drive Office Demand

Conventional office leasing remained dominant at 14.4 million sq ft, accounting for 79% of total demand.

Technology firms led the market, contributing 36% of conventional leasing
BFSI sector also played a major role, with both sectors together accounting for nearly two-thirds of demand

This highlights continued confidence among corporates in expanding their physical office footprint.

Flex Spaces See Rapid Growth

Flexible workspaces are gaining significant traction:

Flex space leasing rose 77% YoY
Total flex leasing reached 3.9 million sq ft
Share increased to 21% of total leasing activity

Delhi-NCR and Hyderabad led flex space demand, while cities like Kolkata and Pune also saw strong adoption.

This trend reflects growing demand for:
Hybrid work models
Scalability
Cost optimization

Supply Pipeline Remains Strong

New office supply remained healthy at 11.8 million sq ft in Q1 2026, reflecting a 19% YoY increase.

• Bengaluru dominated supply additions with a 47% share
• Mumbai and Chennai added around 1.5 million sq ft each
• Supply remained limited in Hyderabad and Kolkata during the quarter

Vacancy Levels Decline, Rentals Rise

With demand outpacing supply:

Vacancy levels dropped to 15.3%, down ~90 basis points YoY
Office rentals increased by ~6% YoY across top cities

This indicates a tightening market with improving landlord confidence.

The Big Picture

India’s office market continues to demonstrate resilience and long-term growth potential, backed by:

Expansion of GCCs
Diversification across sectors
Rising demand for Grade A office spaces
Growing role of flexible workspaces

Despite global headwinds, India remains one of the strongest office markets in the Asia-Pacific region.

Also Read: Panvel Real Estate Market Sees Robust Growth

The post India Office Market Starts 2026 Strong with 18.3 Mn Sq Ft Leasing, Up 15% YoY appeared first on Square Feat India.

The city’s appetite for premium housing remained strong, as registrations of homes priced above ₹1 crore surged 73% YoY, contributing 54% of the total transaction value in October.

Key Highlights

• 6,194 residential properties worth ₹4,512 crore were registered in October 2025.
• The weighted average price of registered properties rose 15% YoY.
• 23% of homes registered were priced above ₹1 crore, up from 14% a year ago.
• 68% of homes registered measured 1,000–2,000 sq ft, while 16% exceeded 2,000 sq ft.
• Rangareddy district led registrations with 47%, followed by Medchal-Malkajgiri (39%) and Hyderabad (14%).
• Weighted average price: ₹4,729 per sq ft across the market, with Rangareddy seeing the sharpest rise of 22% YoY.
• Top transactions: Five luxury properties valued above ₹10 crore — three in Banjara Hills, two in Puppalguda.

Premiumization Trend Continues

The surge in high-value transactions reaffirms Hyderabad’s status as one of India’s most aspirational housing markets.
While total registrations grew modestly, the cumulative value of properties registered between January and October 2025 touched ₹43,048 crore, up 25% YoY, despite a 5% dip in total units registered compared to last year.

This reflects a clear shift toward larger, more luxurious homes, backed by higher disposable incomes and strong buyer sentiment.

Market Overview

• Homes under ₹50 lakh: 55% of all registrations (down from 59% YoY)
• Homes between ₹50 lakh–₹1 crore: 23% share (down from 27%)
• Homes above ₹1 crore: 23% share (up from 14%)

Among the city’s districts, Rangareddy continued to dominate, buoyed by strong residential and commercial development, while Hyderabad Central remained the preferred choice for ultra-luxury housing.

Expert Take

Shishir Baijal, Chairman and Managing Director, Knight Frank India, said:

“Hyderabad’s residential market continues to reflect strong festive momentum. The sharp 73% surge in registrations of homes priced above ₹1 crore reflects the city’s growing shift toward larger, high-value residences. This sustained demand highlights Hyderabad’s emergence as one of India’s most aspirational housing markets, defined by resilient buyer sentiment and a clear preference for quality living.”

The Bigger Picture

Hyderabad’s premium segment is no longer a niche — it’s defining the city’s housing landscape. With growing tech-sector prosperity, improved infrastructure, and a strong appetite for lifestyle-oriented homes, the city’s market outlook remains bullish going into 2026.

Also Read: How Food & Beverage Is Changing India’s Shopping & Real Estate Spaces

The post Hyderabad Home Registrations Rise 5% YoY in October 2025; Premium Homes Above ₹1 Cr Surge 73% appeared first on Square Feat India.

A total of 6,612 residential units, worth ₹4,804 crore, were registered during the month — a 70% increase in value terms YoY and a 3% rise month-on-month (MoM). This surge came despite the traditionally slow Shradh/Pitra Paksha period (7–21 September), which was immediately followed by the festive season, boosting sentiment and registrations.

The weighted average price of registered properties in Hyderabad rose 20% YoY to ₹4,759 per sq ft, underlining the city’s premiumisation trend. Rangareddy district led the growth with a 28% YoY price jump, cementing its position as a prime residential and commercial hub.

Premium Segment Powers Growth

High-value homes continued to dominate Hyderabad’s housing market.

• Registrations of homes priced above ₹1 crore surged 151% YoY, contributing 22% of total registrations.
• In value terms, this segment accounted for 53% of total transaction value, underscoring a clear shift towards larger, premium homes with superior amenities.
• Properties sized above 2,000 sq ft made up 15% of registrations, up from 13% a year ago.

District-Wise Trends

• Rangareddy accounted for 45% of the total registrations, followed by Medchal–Malkajgiri (40%), while Hyderabad district contributed 14%.
• Rangareddy also recorded three of the top five transactions of the month, including a property in Kondapur valued at over ₹20 crore.

Market Resilience During Shradh

While September typically sees a slowdown in registrations due to the inauspicious Shradh period, the contrast between 2024 and 2025 is stark. Last year, half the month coincided with Shradh (17 Sept–2 Oct 2024), leading to a decline in registrations. This year, however, registrations bounced back quickly as the festive season began immediately after.

Expert View

“Hyderabad’s residential market continues to exemplify strength and aspiration, sustaining its growth momentum even during traditionally subdued periods like the Shradh fortnight,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India.

“The sharp 35% annual rise in registrations and a 70% surge in value highlight not just volume expansion but the city’s steady march toward premiumisation. Homes priced above ₹1 crore now make up over one-fifth of all registrations and more than half of transaction value — a clear reflection of evolving buyer preferences for larger, high-value homes.”

Also Read: How Food & Beverage Is Changing India’s Shopping & Real Estate Spaces

The post Hyderabad Residential Registrations Surge 35% YoY in September 2025; Premium Housing Demand Hits Record High appeared first on Square Feat India.

Remarkably, sales of homes priced above INR 1 crore grew by 35% year-on-year, contributing 21% of all registrations by volume and a dominant 51% share by value. This reflects Hyderabad’s ongoing premiumization trend, with affluent buyers favoring larger, high-quality residences.

Properties sized over 2,000 sq ft accounted for 17% of all transactions, up from 14% in June 2024. The city’s Rangareddy district emerged as the most active market, representing 49% of total registrations and registering the sharpest price growth—a 20% year-on-year surge in weighted average transacted price.

Commenting on the trend, Shishir Baijal, Chairman and Managing Director, Knight Frank India, said, “Hyderabad is rapidly evolving as a premium residential market. High-value homes are driving overall growth even as the total number of transactions moderates. With supportive factors like home loan rates and economic sentiment, we expect the momentum to continue.”

Among the most significant deals in June were five transactions exceeding INR 5 crore, including a property in Shaikpet that sold for over INR 7.85 crore. Most of these premium sales were concentrated in West Hyderabad locations like Kondapur, Hi-Tech City, and Kokapet.

Overall, the city’s residential landscape reflects a clear preference shift toward larger, upscale properties, signaling confidence among high-net-worth buyers and steady demand for premium real estate.

Also Read: Corona may hit real estate hard

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Q2 2025 Snapshot: 17.8 Million Sq. Ft. Leased

India’s office market clocked 17.8 million sq. ft. of gross leasing in Q2 2025, reflecting an 11% YoY growth. Bengaluru led the charge with a 27% share, followed by Hyderabad, Mumbai, and Chennai, each leasing over 2.5 million sq. ft.

Leasing Performance in Top 7 Cities (Grade A Leasing)

“The robust performance in H1 2025 reflects sustained occupier confidence and strong market fundamentals,” says Arpit Mehrotra, Managing Director, Office Services, Colliers India.

New Supply Grows: 14.9 Million Sq. Ft. Added in Q2

Grade A new supply reached 14.9 million sq. ft. in Q2 2025, a solid 11% YoY increase. Bengaluru, Hyderabad, and Pune collectively accounted for over 70% of completions in the first half.

New Grade A Supply Trends

Who’s Leasing? Tech & Flex Players Drive Demand

Sector-Wise Leasing Share (Q2 2025):

• Technology firms: 47% of conventional leasing
• BFSI: 19%
• Flex spaces: 24% of total demand

“Flex spaces are no longer secondary. With 4.3 million sq. ft. leased this quarter, they’re shaping workplace trends,” says Vimal Nadar, Head of Research, Colliers India.

Conventional vs Flex Space Leasing

Top Office Deals in Q2 2025

Major Conventional Leasing Deals

Key Flex Operator Deals

Outlook: On Track to Cross 65 Million Sq. Ft. in 2025

With H1 2025 already clocking 33.7 million sq. ft., Colliers projects total leasing to reach or exceed 65–70 million sq. ft. by year-end. This would mark another milestone for India’s commercial real estate sector.

Vacancy levels remained stable at 16.2%, despite significant supply additions. Rentals too stayed largely range-bound, keeping India competitive for global firms.

“India’s commercial real estate is evolving fast, and 2025 could be a record-breaking year,” adds Mehrotra.

Bottom Line: With tech, flex, and BFSI leading the charge, and cities like Bengaluru, Hyderabad, and Pune surging ahead in both demand and supply, India’s office real estate market is clearly entering a new growth phase.

Stay tuned for Q3 trends as leasing continues its upward trajectory.

Also Read: 17 emerging real estate hotspots across India

The post Mumbai, Bengaluru, Hyderabad Power India’s Office Market to 33.7 MSF in H1 2025 appeared first on Square Feat India.

In terms of sales value, Hyderabad’s residential market performed even more strongly, with a remarkable 20% year-on-year surge in total registered sales value, which reached Rs. 11,718 crore during the quarter. The average home sales price also saw a 13% increase, reaching Rs. 60 lakh per unit, signaling a growing preference for mid-to-high priced properties.

Market Overview – July-September 2024

• Registered Residential Transactions: 19,527 units (7% YoY growth)
• Total Sales Value (GTV): Rs. 11,718 crore (20% YoY growth)
• Average Sales Value: Rs. 60 lakh (13% YoY growth)

Despite a slight quarter-on-quarter dip, the city’s housing market remains robust, buoyed by Hyderabad’s thriving IT sector and a steady influx of working professionals. Debayan Bhattacharya, Principal Partner and Sales Director at Square Yards, commented, “The strong performance in Hyderabad’s residential market is being driven by the growing demand for well-connected properties. Areas like Gachibowli, Madhapur, Kokapet, and Narsingi, which are well-served by the Outer Ring Road (ORR) and proximity to key IT hubs, have become increasingly popular among homebuyers.”

Leading Developers and Key Projects
Aparna Constructions and Estates continues to lead Hyderabad’s residential market, recording the highest number of transactions with 625 units sold for a total value of Rs. 510 crore. Prestige Group secured the second spot, achieving a sales value of Rs. 334 crore from 214 transactions. Other notable developers in the top 10 include Honer Developers, K Raheja Corp, and Brigade Group.

The growth in demand is particularly evident in projects that offer excellent connectivity, with Aparna Zenon in Khajaguda and Prestige Tranquil in Kokapet being standout performers. These projects have become highly sought after, driving both transaction volume and sales value.

Top Developers by Sales Value (July-September 2024)

1. Aparna Constructions and Estates – Rs. 510 crore
2. Prestige Group – Rs. 334 crore
3. Honer Developers – Rs. 158 crore
4. Koncept Ambience Group – Rs. 135 crore
5. K Raheja Corp – Rs. 130 crore

Growth in Premium Segment and Larger Homes
Hyderabad’s housing market is witnessing significant growth in the premium segment, with homes priced above Rs. 1 crore now accounting for 13% of total transactions, up from 9% last year. The demand for larger homes is also on the rise, with properties between 1,500 and 3,000 sq. ft. representing 37% of all transactions, compared to 31% in the same quarter last year.

The city’s homebuyers are increasingly gravitating towards larger apartments, with 44% of all transactions involving homes between 1,000–1,500 sq. ft. As the demand for 3 BHK and larger configurations continues to rise, developers are focusing on delivering spacious homes to meet these preferences.

Performance by Micro-Markets
The Western suburbs of Hyderabad continue to be the most active region, accounting for 45% of all transactions in the July-September quarter. This area, which includes prominent localities like HITEC City, Kokapet, and Narsingi, also recorded the highest average transaction value at Rs. 76 lakh. The excellent connectivity provided by the Nehru Outer Ring Road (ORR) has played a key role in driving demand in these regions.

The Eastern and Central suburbs followed with smaller shares of 17% and 11% respectively in terms of transactions. However, areas in the West have outperformed in sales value, accounting for 56% of total home sales during the quarter.

Top Localities by Transactions

• Kokapet: Highest average sales value of Rs. 1.20 crore, driven by premium projects like Prestige Tranquil
• Narsingi and Puppalguda: Continued strong demand due to excellent connectivity to IT hubs and the airport

Conclusion: Positive Outlook for Hyderabad’s Residential Market
The growth in Hyderabad’s residential real estate market, particularly in the premium and mid-range segments, reflects a strong, sustained demand for well-located properties. The city’s expanding IT and commercial infrastructure, coupled with the development of new residential hubs along the ORR, positions Hyderabad as one of India’s most attractive property markets. As more developers focus on large-scale projects in these emerging areas, the city’s housing market is expected to remain on an upward trajectory in the coming quarters.

Key Insights

• Strong demand for well-connected properties, especially near the Outer Ring Road (ORR)
• Growth in premium housing, with homes priced over Rs. 1 crore gaining market share
• Western suburbs dominate both in terms of transactions and sales value, driven by infrastructure development and proximity to IT hubs
• Leading developers like Aparna Constructions, Prestige Group, and Brigade Group continue to shape the market’s growth

With sustained investment in infrastructure and a booming tech sector, Hyderabad’s residential market is poised to continue its strong performance in the near future.

Also Read: Top Cities Experience Soaring Residential Prices, with Bengaluru and Hyderabad Leading the Charge

The post Hyderabad’s Residential Market Sees Strong Growth: 7% Increase in Transactions and 20% Surge in Sales Value for July-September 2024 appeared first on Square Feat India.

According to documents accessed by Square Feat India, provided by Propstack, the deal was finalised on October 5, 2023. The total amount paid is Rs 126 crore.

The sale agreement with possession has been signed between seller The Telagana State Industrial Infrastructure Corporation Limited (TSIIC Ltd) and the buyer is M/s. Chang Yi Interconnect Technology (India) Pvt Ltd

The buyer is the Subsidiary for a Foreign Company held by Foxconn (largest supplier for Apple)

The property details include a total land area of 485639.493 sq ft. It is located at Kongara Kalan.

Also Read: Mercedes Ben Rents Space for Rs 2.56 crore per month

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Keen on making the right real estate choice for its business and people, Pinnacle appointed the well-known property consulting firm to conduct a thorough market analysis, finally closing in on Hyderabad. Hyderabad has emerged as a preferred market for several sectors including IT, manufacturing and BFSI, driving up the demand for commercial and industrial real estate. According to Colliers’ latest research release, the state witnessed a strong 64% QoQ growth in gross leasing in 2023. 

“Given Pinnacle’s focus on long-term expansion in the professional services and technology sector, our team narrowed its search to Hyderabad’s SBD micro-market. After conducting an exhaustive analysis of Pinnacle’s growth projects and market conditions, we recommended managed spaces as the most viable and cost-effective option. The team negotiated terms that maximized revenue for the client, employing creative financing solutions and other strategies to optimize the transaction”, said Arpit Mehrotra, Managing Director, Office Services, South & Head or Flex, Colliers India.

The 350-seater state-of-the-art managed workspace spans 21,000 sq. ft. Aligned with the firm’s parameters of providing an enriched employee experience, the space boasts modern-day amenities like wellness rooms, a fully equipped event space, collaborative workspaces, on-site horticulture, creative zones, and outdoor spaces.

“The Colliers team was instrumental in turning our vision for our office space into reality. As we began our search for office space in Hyderabad, we were searching for a space that would incorporate our values of growth, excellence, and impact and enable our employees with the resources to drive our company vision of making the world reliable, one customer at a time”, said Benjamin Brambila, Country Manager, India, Pinnacle.

The Telangana government’s forward-thinking policies and dedicated efforts to support commercial real estate have significantly bolstered the growth of IT companies, creating a dynamic ecosystem for technology innovation and business expansion.

Also Read: Colliers partners with Embassy Group and SAS infra to develop three office projects in Hyderabad

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