Hyderabad, July 27, 2026: According to Knight Frank India, Hyderabad witnessed 4.9 million square feet (mn sq ft) of leasing in large office spaces, above 100,000 sq ft, in H1 2026. The city witnessed a significant increase of 63% in large office transactions from 3.0 mn sq ft in H1 2025. Large office space leasing contributed 65% of the overall office space transactions in Hyderabad.
The average office deal size in Hyderabad has increased from 70,537 sq ft in H1 2025 to 93,516 sq ft in H1 2026.
Hyderabad’s office market transactions across office space configurations
| <50k sq ft | >=50k – <=100k sq ft | >100k sq ft | Total | <50k | >=50k<=100k | >100k |
| 1.2 mn sq ft | 1.4 mn sq ft | 4.9 mn sq ft | 7.5 mn sq ft | 16% | 19% | 65% |
Source: Knight Frank Research
Joseph Thilak, Executive Director – Occupier Strategy & Solutions, Head of Data Center Business (India), Knight Frank India, said, “The large office space deals have significantly contributed to the expansion of the overall leasing volumes in Hyderabad. Tightening vacancies and steady rental appreciation reflect the market’s robust fundamentals, even as supply additions accelerate. Looking ahead, sustained occupier interest, expanding infrastructure, and Hyderabad’s ability to offer scale, talent, and cost competitiveness are expected to support continued growth.”
Mid-size office spaces, 50,000 sq ft – 100,000 sq ft, contributed 19% of the overall transactions in the city, recording leasing volumes of 1.4 mn sq ft in H1 2026. The remainder 16% of the transactions were witnessed in small office spaces (below 50,000 sq ft), recording leasing volumes of 1.2 mn sq ft in H1 2026.
About Knight Frank
Knight Frank LLP is a leading independent, global property consultancy. Headquartered in London, Knight Frank has 20,000+ people operating from over 600+ offices across more than 50 territories. The Group advises clients ranging from individual owners and buyers to major developers, investors, and corporate tenants. For further information about the Company, please visit www.knightfrank.com
Knight Frank India is headquartered in Mumbai and has more than 1,900 experts across Bangalore, Delhi, Pune, Hyderabad, Chennai, Kolkata, Ahmedabad, Indore and Kochi. Backed by strong research and analytics, our experts offer a comprehensive range of real estate services across advisory, valuation and consulting, transactions (residential, commercial, retail, hospitality, land, and capitals), facilities management and project management. For more information, visit www.knightfrank.co.in
