Facebook India Online Services Pvt Ltd, the Indian arm of Meta Platforms Inc., has leased nearly 69,702 square feet of office space in Hyderabad’s Hitec City for a five-year term, reinforcing the city’s growing stature as a leading Global Capability Centre (GCC) and technology hub in India.
According to property registration documents accessed by real estate data analytics firm CRE Matrix, the lease agreement was signed between Mahanga Commercial Properties Pvt Ltd and Facebook India Online Services Pvt Ltd. The office space is located on the fourth floor of the Skyview 20 building at The Skyview complex, one of the prime commercial developments in Hyderabad’s Hitec City IT corridor.
According to the documents, the registration of the lease was done on December 2, 2025, and the rent commenced from December 18, 2025. Facebook India has contracted a rental agreement for a period of five years, which will commence from July 18, 2025. Facebook India will have to shell out a monthly rental of around 67 lakhs, and has deposited a security amount of 4.01 crores for this transaction, and further provides for a 15% rental escalation in three years, which is a normal practice in such rental agreements.
The leased premises come with 70 designated car parking slots, catering to the operational needs of a large corporate workforce.
This latest lease adds to Facebook’s already significant office footprint in Hyderabad. In 2024, the company renewed leases for nearly 3.7 lakh square feet of office space in the same Skyview complex through two separate transactions. Registration documents accessed by Propstack showed that Facebook paid a combined monthly rent of ₹2.8 crore for those renewals, with a total security deposit of ₹16.8 crore for a five-year tenure.
According to industry analysts, the city of Hyderabad has cropped up among the most desirable spots for the establishment of Global Capability Centres in the country because of the advantages associated with cost efficiency, talent, an enabling government, and digital connectivity, among others. Office space prices in the city are lower compared to the rates in Bengaluru and Mumbai, an attractor for MNCs.
According to the recent report from Knight Frank, the Hyderabad office market finished the year 2025 on a positive note. Leased office space within a year was 1.06 million square meters (11.4 million square feet), which is a 10% growth from the previous year, thus recording the second-highest level of leasing, second only to the peak achieved in the year 2019.
Lease business has remained vibrant all year round, with 0.51mn sqm (5.5mn sf) leased in the second half of 2025 alone. This is a testament to the fact that despite a limited supply pipeline, occupiers continue to express their confidence in Singapore’s commercial real estate market.
Global Capability Centres were the largest demand contributors, with 50% of the leasing requirements fulfilled in H2 2025, sharply up from 38% in the same period of the last year. The leasing of Global Capability Centres saw a year-over-year growth of 36%, with large deals registered by global giants such as Goldman Sachs, Warner Bros. Discovery, Charles Schwab, Randstad, and ServiceNow.
Sector‐wise, the demand for leasing within the GCC in the Hyderabad market has grown beyond the conventional IT and IT-enabled sectors. The prime leasing demand within the sector came from organizations in the following streams: Consulting, Healthcare, Entertainment, BFSI, Manufacturing, and Technology.
This latest leasing decision by Facebook India has further reinforced the strong positioning of the Hyderabad market for big global tenants and its emerging importance in the India Global Technology & Services ecosystem.
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