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The Economic Times

Economy / The Economic Times

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GCC boom pushes Hyderabad office rents to all-time high, at par with Bengaluru

Hyderabad's office rentals hit a record high in Q1 2026, nearing Bengaluru's rates due to robust demand from global capability centers and large occupiers. This surge, coupled with no new completions, tightened availability and drove up average rents to Rs 92.2 per sq ft, with Madhapur seeing even higher rates.

19 May 2026 5:56 pm