Hyderabad, August 2025: In a landmark real estate development, Microsoft India R&D, led by CEO Satya Nadella, has signed one of Hyderabad’s biggest office leasing deals of the year.
The global tech giant has leased 2.64 lakh sq. ft. of premium office space at Phoenix Centaurus, Gachibowli, reinforcing the city’s reputation as a global technology hub.
Key Details of the Lease
- Location: Phoenix Centaurus, Financial District, Gachibowli, Hyderabad
- Size: 2.64 lakh sq. ft. across 3rd & 4th floors
- Tenant: Microsoft India (R&D)
- Operator: Table Space Technologies (managed workspace provider)
- Lease Term: 5 years starting July 2025
- Monthly Rent: Approx. ₹5.4 crore (₹204 per sq. ft. including all charges)
- Base Rent: ₹67 per sq. ft. (~₹1.77 crore/month)
- Security Deposit: ₹42.15 crore
- Stamp Duty & Registration: ₹92.94 lakh
- Annual Escalation: 4.8%
Why Hyderabad?
Hyderabad continues to attract global tech majors due to:
- Robust Infrastructure in IT corridors like Gachibowli & HITEC City.
- Skilled Talent Pool in AI, cloud, and R&D.
- Cost-Effective Workspaces compared to Bengaluru and Gurugram.
- Proactive Government Policies boosting IT/ITES growth.
Impact on the Ecosystem
This leasing deal is a strong signal of confidence in Hyderabad’s real estate market. Industry experts believe it will:
- Strengthen Microsoft’s R&D and innovation base in India.
- Generate direct and indirect job opportunities in the city.
- Encourage other multinational corporations to expand in Hyderabad.
- Boost demand for Grade-A office spaces across the region.
For more details, read the full story here:
👉 Satya Nadella-led Microsoft leases office space in Hyderabad for ₹5.4 crore monthly rent