About Hyderabad – South India’s Tech and Innovation Hub

Hyderabad, which is the capital city of Telangana, has evolved into one of the most prominent IT and startup communities in the entire country. Otherwise also known as “Cyberabad”, Hyderabad has set global players such as Microsoft, Google, Amazon, and Facebook in massive business parks such as HITEC City and Gachibowli. The several business-friendly policies, competitive rentals, and the availability of a tech-savvy workforce have made Hyderabad the first choice among multinational companies, BFSI firms, life sciences, and startups.

By 2024, Hyderabad witnessed a big surge in the demand for office spaces with over 11 million square feet of office transactions, majorly dominated by the tech sector, GCCs, as well as consulting companies. Hyderabad is one of the most preferred cities in India among GCCs, and it has the largest share of these companies, with more than 355 centers and 300,000 employees. The town seizes the attention of the business community as well as the local inhabitants and foreigners who are attracted to its inexpensive prices and modern infrastructure.

Whether you are a startup in search of a plug-and-play coworking setup or a growing enterprise in need of a Grade A office that is customized, there are scalable and cost-effective workspace solutions to meet your business needs in Hyderabad.

Office Space for Rent Pricing in Hyderabad

A large variety of office spaces for rent in Hyderabad are available, including high-end IT towers in HITEC City, as well as cost-effective commercial buildings in Begumpet and Ameerpet. The rent you will have to pay is one of the basic factors that depend on the location, type of building (A/B/C), furnishings, and amenities like parking, power backup, internet connectivity, and security.

Here’s a snapshot of average rental rates in key micro-markets of Hyderabad:

Note: These prices can go up or down, as they are not fixed and depend on the quality of the building (A, B, or C), the level of the floor on which it is, the furniture (bare shell, semi-furnished, or fully furnished), and the extras, like parking area, backup power supply, and security.

Businesses looking for office space for rent in Hyderabad should also think about the distance to the metro, the availability where food courts and banks are available, and the locals’ opinion. All of these can change the prices.

Best Office Space for Rent in Hyderabad

Here are some of the top office spaces for rent in Hyderabad:

1. SS Tech Park, Gachibowli

SS Tech Park is situated within one of the most promising business districts of Hyderabad and provides more than 30,000 sq. ft. of office space with 500 flexible seating options. The building is LEED-certified and offers 24/7 security access in addition to modern features like video conferencing rooms, training rooms, and a cafeteria. This facility is perfect for teams working remotely in different time zones.

2. SLN Terminus, Gachibowli

At 55,700 sq. ft., SLN Terminus is co-located with Botanical Gardens, where it presents co-working, private, and virtual spaces in a Gold-certified green building. It’s a 30-minute drive to the airport, which is a great fit for the teams with travel needs.

3. Krishe Sapphire, Madhapur

If you choose to rent an office at Krishe Sapphire, you get 40,000 sq. ft. of Grade-A office space, you are at your service with quality amenities and round-the-clock security. Krishe Sapphire is placed in the neighborhood of several metro stations and commercial towers like Fortune Tower.

4. Gowra FountainHead, Madhapur

Gowra FountainHead is located in HITEC City and it offers 40,000 sq. ft. of office space over 15 floors. Being at a distance of only 1.2 km from Madhapur Metro Station, the premises are completely suitable for IT/ITES firms and offer the best public transportation and highway access.

5. Cyber Towers, HITEC City

Cyber Towers is one of the oldest tech hubs in Hyderabad. During the past decades, this 12,800+ sq. ft. space on 11 floors has been home to several big multinationals from the IT branch. The location is in the heart of the city and has an efficient metro network. It is most appropriate for those who want a legacy commercial address.

6. Cyber Gateway, HITEC City

Occupying 35,000 square feet, the Cyber Gateway building is part and parcel of HITEC City’s original tech corridor. Recently upgraded in 2023, it delivers the A-level infrastructure that is near the best enterprises and also has the smoothest connections.

7. Cyber Pearl, HITEC City

For innovative minds, the Cyber Pearl offers 44,000 sq. ft. of powerful workspace with a modern interior and ample parking. It is equipped with private cabins, meeting rooms, and 100 ergonomic workstations, which is a great fit for driven teams who focus on innovation.

8. Divyasree Trinity, HITEC City

The 6-story building with a SEZ certificate provides 27,000 sq. ft. of brand new and modern office space. Divyasree Trinity is situated in a location that is just 20 km away from the airport and well connected to the metro, offering great convenience for the IT businesses and startups looking for plug-and-play infrastructure.

9. Ananth Info Park, HITEC City

Ananth Technologies’ 8-floor property is 21,000 sq.ft. in area. It is a workspace comprising a food court and gym, and the accommodation of Fortune 500 brands. The location is pretty appropriate for IT/ITES companies, being in the most happening business locality.

10. Raheja Mindspace IT Park, HITEC City

Raheja Mindspace is spread over 44,500 sq. ft. and is close to giants like Facebook and Microsoft. With ample parking facilities, food courts having various cuisine options, nearest five-star hotel on campus, it’s the perfect place for the most reputable corporate offices.

Top Locations Where Office Space for Rent in Hyderabad is Available

Here are some of the most in-demand locations for office space for rent in Hyderabad:

1. HITEC City

HITEC City (Hyderabad Information Technology and Engineering Consultancy City) is the heart of Hyderabad’s tech and business ecosystem. It is home to many IT parks such as Raheja Mindspace, Cyber Towers, and Cyber Pearl. The Metro is within convenient reach, and facilities are of the highest quality, which is why big companies, startups, and multinationals love this place.

2. Gachibowli

Gachibowli is one of the most prominent IT and commercial hubs in Hyderabad and is known for the presence of big tech companies and educational institutions. SS Tech Park, as well as SLN Terminus, are some of the offices that provide high-quality facilities and offer modern infrastructure. The place is well connected to the airport and other business areas, which is why it is very much in demand.

3. Madhapur

The location near HITEC City has earned Madhapur the reputation of a perfect combination of the benefits that both residential and commercial areas provide. This region is home to the best-known business houses such as Gowra FountainHead and Krishe Sapphire. It’s an SME and large enterprise-friendly location, as the public transportation links are good and the social infrastructure is also in the vicinity.

4. Kondapur

Kondapur is an upcoming commercial area where you can easily reach HITEC City and Gachibowli. You can find office spaces that are inexpensive in Kondapur, and at the same time, it is becoming more and more attractive in terms of real estate, infrastructure, and connectivity. Often, the affordability of this area is of interest to businesses that need convenience.

5. Financial District (Nanakramguda)

The Financial District in the area of Nanakramguda is rich in the number of MNCs and IT parks located in its area. It has a well-outlined layout and also a very modern office building, and an excellent infrastructure. The district is widely favored by financial, technology, and global corporations to operate.

6. Begumpet

One of the established business zones in Hyderabad is Begumpet, which provides a good connection to the city center. There are rail and road services available, so the area is mostly suitable for businesses inclined to a traditional urban business district.

7. Banjara Hills

Banjara Hills can be considered a place that has high-class status, and it offers high-class living. It is best known for its luxurious office spaces. It is the focal point of preference for those companies that are engaged in consulting, legal, and small finance. This particular spot is known for the availability of high-end hotels, restaurants, and stores.

Estimated Deposit for Office Space and Commercial Leasing in Hyderabad

When it comes down to acquiring office space for rent in Hyderabad, the safety deposit is by no means of small importance. Generally, tenants are required to make a security deposit that is the same amount as the first 3 to 6 months’ rent. However, the figures might fluctuate due to various reasons, such as location, the type of finish that the premises have, the rental period, and the presence of managed services (like housekeeping, reception, or IT support), among other things.

For example, a company based in HITEC City renting a space at a cost of ₹1,00,000 a month might be asked to deposit somewhere between ₹3,00,000 and ₹6,00,000. These kinds of offices (along with those in Madhapur or Gachibowli) may require lower deposits, especially in case of shorter lock-in periods or flexible contract terms.

Always make sure to take a good look at the lease agreement to avoid any hidden charges and guarantee a clear, smooth leasing process for office space for rent in Hyderabad.

Why Choose myHQ to Book an Office Space for Rent in Hyderabad?

Are you looking for office space for rent in Hyderabad? Perhaps it’s just a single desk in HITEC City, or a whole floor in Gachibowli. myhq by ANAROCK can help you to quickly and affordably find and secure the resource where you want to work. By accessing the best-verified, different space that fits your company, and also by assisting at every step, myHQ removes the whole process of office setup and gives your staff the best surroundings to focus on their work.

These are the reasons why myHQ is the answer for office space for rent in Hyderabad:

• Zero Brokerage Fee – Feel free not to think about paying extra or hidden charges. myHQ ensures that you only pay for what you see.
• 100% Verified Properties – Choose only from trustworthy properties, which are screened for safety, quality, and amenities.
•  Your Own Office Consultant – Receive personalized help from professionals who are knowledgeable about your business requirements and financial capabilities.
• Largest Network of Commercial Workspaces – Browse among thousands of alternatives, from coworking seats to even the whole managed office floors.
• Backed by ANAROCK – myHQ is enabled by ANAROCK, which is one of the most trusted and reliable real estate consultancies in India.

Whether you need a single desk or a full floor, myHQ can help you find the right office space for rent in Hyderabad without the stress.

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