Facebook India Online Services Pvt Ltd, the Indian arm of Meta, has leased nearly 69,702 sq ft of office space in Hyderabad’s Hitec City for a five-year term, reinforcing the city’s growing prominence as a Global Capability Centre (GCC) and technology hub.
Lease Details
According to lease documents accessed by real estate data analytics firm CRE Matrix, the agreement was signed between Mahanga Commercial Properties Pvt Ltd and Facebook India Online Services Pvt Ltd.
- Location: Skyview 20 building, The Skyview complex, Hitec City
- Floor: Fourth floor
- Office Area: 69,702 sq ft
- Car Parking: 70 slots
- Monthly Rent: Approximately ₹67 lakh
- Security Deposit: ₹4.01 crore
- Lease Registration Date: December 2, 2025
- Lease Effective From: July 18, 2025
- Rent Commencement Date: December 18, 2025
- Lease Tenure: Five years
- Rent Escalation: 15% after three years
An email has been sent to the company, and the story will be updated upon receiving a response.
Facebook’s Continued GCC Presence in Hyderabad
The latest lease builds on Facebook’s existing large GCC operations in Hyderabad. In 2024, the company renewed leases for 3.7 lakh sq ft of office space in the same Skyview complex through two separate transactions:
- 84,053 sq ft leased at a monthly rent of ₹65.7 lakh, renewed in December
- 2.8 lakh sq ft leased at a monthly rent of ₹2.15 crore, renewed in April
Both leases carried a five-year tenure, with a total security deposit of ₹16.8 crore and combined monthly rent of ₹2.8 crore.
Hyderabad’s Growing Strength as a GCC Hub
Hyderabad continues to attract a record number of Global Capability Centres, driven by several factors highlighted by real estate experts:
- Skilled and abundant workforce
- Office rentals priced under a dollar
- Progressive government policies
- World-class infrastructure
- Strong digital connectivity
- Diversified sector presence across technology, pharma, BFSI, and life sciences
The city has outpaced Bengaluru in recent years, capturing nearly 40% of new greenfield GCC setups in India over the past three years.
Office Market Performance Supports GCC Demand
Hyderabad’s office market closed 2025 on a strong note, reflecting sustained occupier confidence despite constrained supply, according to a report by Knight Frank.
- Total Office Transactions (2025):
- 1.06 million sq m (11.4 million sq ft)
- 10% year-on-year growth
- Second-highest annual leasing volume on record
- H2 2025 Transactions:
- 0.51 million sq m (5.5 million sq ft)
- 4% YoY increase, indicating steady demand throughout the year
Conclusion
Facebook India’s latest office lease in Hitec City underscores Hyderabad’s sustained appeal as a preferred destination for Global Capability Centres. The expansion aligns with broader GCC-led office absorption trends in the city, supported by strong talent availability, competitive costs, and a robust commercial real estate ecosystem.
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