Hyderabad Emerges as the Epicenter of Real Estate and PropTech Growth with GCC Expansion
Hyderabad’s emergence as the most attractive destination for Global Capability Centres (GCCs) in India is revolutionizing the technology, talent, and real estate sectors. Over the past three years, the city has become the choice for more than 40% of all new GCCs in India, surpassing Bengaluru and establishing itself as a global innovation powerhouse. The presence of over 360 GCCs and the employment of over 3.1 lakh skilled professionals have made Hyderabad a meeting point of technology excellence, competitive talent, and future-ready infrastructure.
According to reports, Hyderabad was responsible for 46% of the total new greenfield GCCs that were opened between January 2023 and November 2025. The city, once known as a cost-effective alternative to Bengaluru, has now become a strategic center for value-added functions such as AI/ML, cybersecurity, R&D in engineering, enterprise tech, pharmaceuticals, financial services, and global business operations.
Hyderabad’s growth is reflected in the rise of leadership roles. Almost 70% of the new GCC leadership roles in India are coming from the twin cities of Hyderabad and Bengaluru, with Hyderabad alone witnessing a 42% year-on-year growth. These leadership roles serve as a crucial lever for global companies transitioning from traditional outsourcing to building innovation ecosystems in India.
The expansion of GCCs in Hyderabad is significantly altering the real estate landscape. The demand for Grade-A commercial space has more than doubled in the last year, prompting developers to rapidly expand their supply in key areas such as HITEC City, the Financial District, Kokapet, and emerging micro-markets along the Outer Ring Road. With government support, the city is poised to accommodate more international firms through tailored plans for 200 million sq. ft. of new commercial space up to 2030.
The real estate industry is particularly influenced by the continuous up-scaling of the city, with a focus on how new jobs will impact the sector. The newly built workforce requires modern, environmentally friendly, tech-savvy, and partially open workplaces that promote productivity and health. Kirthi Chilukuri, Founder & Managing Director of Stonecraft Group, believes that Hyderabad’s growth demands a fresh design philosophy. “Hyderabad is no longer competing for back-office mandates; it is winning global innovation mandates. Today’s workforce wants more than real estate; they want environments that inspire creativity, wellness, and connection. At Stonecraft Group, we are reimagining living and working spaces as integrated, biophilic ecosystems shaped for a world-class talent pool. The city’s GCC boom is giving developers a once-in-a-generation opportunity to build for the future, not just for demand,” he says.
Stonecraft Group’s emphasis on wellness-centric spaces, nature-integrated layouts, and sustainable construction mirrors a broader shift among discerning homebuyers and GCC professionals seeking vibrant communities rather than traditional high-rise clusters. As the city’s physical infrastructure evolves, the real estate market is undergoing a parallel transformation led by PropTech innovators. With a globally mobile workforce, hybrid work cultures, and shifting home-buying patterns, Hyderabad has become a testbed for technology-led brokerage, digital transactions, fractional property ownership, and agent-empowering platforms.
Sam Chopra, President, CEO & Country Leader of eXp Realty India, highlighted, “Indian real estate is entering its most transformative decade yet, powered by transparency, technology, and the rapid expansion of GCCs across cities like Hyderabad. The city has become one of India’s strongest examples of how economic growth, talent inflow, and global business confidence directly accelerate real estate evolution.” Chopra further added, “Hyderabad is also stepping into a new era of commercial expansion, driven by global companies setting up, scaling, and diversifying their India strategies. Hyderabad has all the fundamentals of a future-ready city: strong governance, infrastructure-led growth, GCC expansion, rising incomes, and a maturing buyer-investor profile. In many ways, it represents exactly where Indian real estate is heading; transparent, technology-led, experience-driven, and globally connected.”
The confluence of GCC expansion, talent influx, and real estate innovation is reinforcing Hyderabad’s position as a global city in the making. Exceptional infrastructure, competitive costs, policy stability, and urban quality-of-life indicators have given it an edge that global corporations increasingly favor. The next decade will likely see GCCs diversify into deeper technology functions, including AI centers of excellence, green engineering hubs, life sciences R&D, and fintech innovation labs, further expanding the city’s employment base and real estate requirements.
