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Uber locks 9 lakh sq ft Hyderabad office on 10-year deal worth 839 crore for GCC expansion
Business
Published on 14 May 2026

Rent jumps 15% every three years
Uber India Systems has leased about 9 lakh sq ft of chargeable office space in Hyderabad for a decade, signaling a deeper commitment to India’s expanding GCC ecosystem. The company will occupy roughly 901,115 sq ft across Tower 1 floors 11 to 20 at Meenakshi Eco Park, with the lease starting Jan 9, 2026. The deal is valued at nearly Rs 839 crore, includes scheduled 15% rental escalations every three years, and Uber also paid a sizable security deposit.
- Uber leases around 901,115 sq ft in Hyderabad for 10 years
- Space spans Tower 1 floors 11 to 20 at Meenakshi Eco Park
- Lease begins January 9, 2026
- Total estimated rental outgo is nearly Rs 839 crore
- Starting rent is about Rs 5.86 crore per month at Rs 65 per sq ft
- Security deposit paid is about Rs 35.14 crore
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
