Hyderabad tops first GCC market rental index, Hitec City and Gachibowli lead the boom story
Hyderabad has been ranked as the top city in India for Global Capability Centre (GCC) office rentals, according to a new index by IIM Bangalore and CRE Matrix. While the city shows strong growth and high rental premiums, the report notes that quarterly momentum is beginning to stabilize.
Why it matters
The data provides insight into the shifting landscape of India's commercial real estate market, specifically regarding the concentration of multinational corporate hubs.
Hyderabad has emerged as the top-ranked city in India’s first-ever survey of Global Capability Centres -Commercial Property Rental Index (GCC CPRI), created jointly by IIM Bangalore and CRE Matrix, a realty analytics firm.
The article reports on real estate market data and research findings without editorializing.
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