Invesco Leases 2.23 Lakh Sq Ft Office Space in Hyderabad at ₹1.52 Crore Monthly Rent

Asset management firm Invesco India has strengthened its presence in Hyderabad’s commercial real estate market by leasing over 2.23 lakh sq ft of office space for a five year period. The transaction, valued at a monthly rent of approximately ₹1.52 crore, reflects the continued demand for premium office spaces in the city, particularly in established IT and business corridors.

The office space has been leased at Meenakshi Eco Park, Tower 1, located in Khajaguda, a rapidly emerging commercial hub near Hyderabad’s Financial District. The property is owned by Meenakshi Infrastructures Private Limited. As per the lease agreement, the tenancy commenced on February 24, 2026, covering three floors within the development.

The deal has been signed at a rental value of ₹69 per sq ft per month, indicating competitive pricing for large scale Grade A office spaces in the region. Invesco has also deposited a security amount of around ₹9.12 crore as part of the agreement. Additionally, the lease includes a 15 percent annual escalation clause, which highlights the strong rental growth expectations in Hyderabad’s office market.

Hyderabad continues to attract global and domestic companies due to its robust infrastructure, availability of talent, and cost advantages compared to other metro cities. Large transactions like this further reinforce the city’s position as a preferred destination for corporate expansions.

Recent leasing activities by major firms such as Apple, Facebook and Netflix in Hyderabad underline the growing confidence in the city’s commercial real estate sector. The steady influx of multinational companies has driven demand for high quality office spaces, especially in locations like Hitec City, Madhapur and the Financial District.

With strong absorption levels and increasing rentals, Hyderabad’s office market is expected to remain resilient in the coming years. Deals like Invesco’s large scale lease not only reflect current demand but also signal long term growth potential for the city’s commercial real estate ecosystem.