From The Economic Times · Faizan Haidar · · 50s
Hyderabad overtakes Delhi, Mumbai in office leasing
Wise and DE Shaw sign major Hyderabad office leases, boosting city's leasing volume.
In brief
Wise and DE Shaw sign major Hyderabad office leases, boosting city's leasing volume. Hyderabad recorded 4.21 million sq ft of gross office leasing in September 2026, overtaking Delhi and Mumbai. Originally reported by The Economic Times.
Hyderabad leasing volume
Hyderabad recorded 4.21 million sq ft of gross office leasing in September 2026, more than double the previous quarter's volume and 49.5% higher than a year earlier.
Wise and DE Shaw leases
Wise signed a 500,000 sq ft lease and DE Shaw a 750,000 sq ft lease in Hyderabad, making them the country's second- and third-largest office leasing deals in the September quarter of 2026.
Hyderabad ahead of Delhi and Mumbai
Hyderabad now ranks ahead of Delhi and Mumbai in office leasing activity among India's top eight cities.
The essence
Hyderabad recorded 4.21 million sq ft of gross office leasing in September 2026, overtaking Delhi and Mumbai.
