Hyderabad Leads the Way in Real Estate and PropTech with GCC Expansion
Hyderabad has solidified its position as the most attractive destination for Global Capability Centres (GCCs) in India, revolutionizing the technology, talent, and real estate sectors. Over the past three years, the city has attracted more than 40% of all new GCCs in India, surpassing Bengaluru and positioning itself as a global innovation powerhouse. With over 360 GCCs and 3.1 lakh skilled professionals, Hyderabad has become a hub for technology excellence, competitive talent, and future-ready infrastructure.
According to recent reports, Hyderabad accounted for 46% of the total new greenfield GCCs opened between January 2023 and November 2025. Initially known as a cost-effective alternative to Bengaluru, the city has evolved into 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.
The rise of GCCs in Hyderabad is also reflected in the increase in leadership roles. Nearly 70% of new GCC leadership roles in India are now coming from the twin cities of Hyderabad and Bengaluru, with Hyderabad alone witnessing a 42% year-on-year growth. These leadership roles are crucial for global companies transitioning from traditional outsourcing to building innovation ecosystems in India.
The expansion of GCCs has significantly impacted the real estate landscape in Hyderabad. The demand for Grade-A commercial space has more than doubled in the past year, prompting developers to rapidly increase 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 with plans to develop 200 million sq. ft. of new commercial space by 2030.
The real estate industry is particularly influenced by the continuous upscaling of the city, focusing on what the new jobs mean for the sector rather than just the number of jobs. The modern workforce requires cutting-edge, environmentally friendly, and tech-savvy workplaces that promote productivity and health. Kirthi Chilukuri, Founder & Managing Director of Stonecraft Group, emphasizes 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.”
Stonecraft Group's focus on wellness-centric spaces, nature-integrated layouts, and sustainable construction aligns with the 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 the transformative potential of the real estate sector in Hyderabad. “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 the city an edge that global corporations increasingly favor. The next decade is likely to 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.
