Tech Mahindra Leases 4 Lakh Sq Ft at Hyderabad IT Park for 10 Years
Tech Mahindra inks a decade-long lease for 4 lakh sq ft in Hyderabad’s IT Park, signalling robust leasing activity in the city’s commercial real estate.
Key points at a glance
- •🏢 Tech Mahindra leases nearly 4 lakh sq ft at Hyderabad IT Park
- •📅 Lease term set for 10 years, demonstrating long-term commitment
- •💰 Rent valued at approximately ₹410 crore over the lease period
- •📈 Hyderabad Q1 2026 gross leasing volume crosses 3.15 million sq ft
- •🌆 Hyderabad remains a hotspot for IT office space demand
- •🔑 Lease deal highlights confidence in Hyderabad’s commercial real estate
Lease Details
Tech Mahindra signs a 10-year lease for nearly 4 lakh sq ft at Hyderabad IT Park, with total rent close to ₹410 crore.
Location
The office space is located in Hyderabad IT Park, one of the city’s prime commercial hubs for technology companies.
Market Trend
Hyderabad’s commercial leasing activity surged 21.6% in Q1 2026, with gross leasing volume crossing 3.15 million sq ft.
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What actually happened?
Tech Mahindra has signed a major lease agreement for nearly 4 lakh sq ft of office space in Hyderabad IT Park. The lease tenure is for 10 years.
This deal is valued at around ₹410 crore in rent, highlighting Hyderabad’s growing appeal as a commercial real estate hotspot.
- Lease spans a decade, securing long term space
- Reflects growing IT sector demand in Hyderabad
- Adds to Hyderabad’s Q1 2026 leasing momentum
What it means for buyers
This lease underscores Hyderabad’s continuing growth as a preferred destination for IT and commercial office space, signalling potential appreciation for investors.
Local brokers and property buyers can expect steady demand for quality office spaces, bolstered by large-scale corporate commitments.
What to watch next
Keep an eye on upcoming commercial projects in Hyderabad as IT firms expand operations.
Monitor rental trends in Hyderabad IT corridors to gauge market shifts and investment opportunities.
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