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Uber locks 9 lakh sq ft Hyderabad office on 10-year deal worth 839 crore for GCC expansion

Uber locks 9 lakh sq ft Hyderabad office on 10-year deal worth 839 crore for GCC expansion

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.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Knowledge Realty Trust clocks 3.5 million sq ft leases for FY26 with surging occupancy

Knowledge Realty Trust clocks 3.5 million sq ft leases for FY26 with surging occupancy

Knowledge Realty Trust leased 3.5 million sq ft of office space in FY25-26, fueled by strong demand from global and domestic occupiers. Revenue grew 16% and net operating income rose 18%, while portfolio occupancy reached 92%. The REIT also declared Rs 716.6 crore in Q4 distributions, signaling confidence in sustainable growth.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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India office leasing tilts to big occupiers as large deals dominate market with Bengaluru in front

India office leasing tilts to big occupiers as large deals dominate market with Bengaluru in front

India’s commercial office market is being reshaped by large corporate occupiers moving toward consolidated, campus-style workspaces. Large office transactions rose 3% year-on-year and now make up 65% of total leasing, outpacing slower growth in smaller office demand. Bengaluru leads large deal activity, while Hyderabad and Mumbai are accelerating faster.

Summarised by Beize from a story on The Economic Times on 10 May 2026
Indian real estate sentiment turns cautious as oil prices and tight funding bite Q1 2026 offices thrive

Indian real estate sentiment turns cautious as oil prices and tight funding bite Q1 2026 offices thrive

India’s real estate sentiment slipped in Q1 2026 as global headwinds weigh on buyers and developers. Higher oil prices and tighter financial conditions disrupted market dynamics, pulling down overall mood. Yet the picture isn’t uniform: residential demand shows signs of stabilizing, while office leasing is accelerating sharply, pointing to a surprising divergence in performance.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Delhi NCR office net leasing tumbles 60 percent in Q1 to 1.5 million sq ft

Delhi NCR office net leasing tumbles 60 percent in Q1 to 1.5 million sq ft

Delhi NCR’s office market saw a subdued start to the year as net leasing fell 60% in January to March to about 1.5 million sq ft, according to JLL. The decline was mainly driven by reduced new supply. Still, JLL says the long-term outlook remains solid, with leasing expected to pick up in the next quarters.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Office leasing hits strongest ever quarter as big occupiers lock in deals

Office leasing hits strongest ever quarter as big occupiers lock in deals

India’s office leasing market is surging, recording its strongest-ever first quarter for January to March. Gross leasing grew 10% year-on-year to 21.5 million sq ft, supported mainly by pre-committed deals from large occupiers, including GCCs and major tech firms. This keeps momentum despite shifting occupier strategies and market uncertainties.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026

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Embassy REIT posts 13% revenue jump and plans double digit distribution growth

Embassy REIT posts 13% revenue jump and plans double digit distribution growth

Embassy REIT turned in strong FY2026 performance, leasing 6.4 million sq ft and lifting revenue by 13%. The REIT completed new office developments and delivered a record 3.3 million sq ft. With capital raised to bolster its balance sheet, Embassy REIT expects continued double-digit growth in distributions and net operating income in FY2027.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
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