Hyderabad & GCC boom may add 8-12 million sq ft office demand over next 3-5 years
Executive Take
This is a clear signal to lock in real estate and talent plans early. Cities that move first on flex space and skilled hiring will capture the best GCC deals before rents and salaries rise.
Executive Summary
A report projects Hyderabad could add 50-70 Global Capability Centers over the next 3-5 years, driving 8-12 million sq ft of office demand and more than 75,000 high-skilled jobs. It also forecasts 2-3 million sq ft of demand for flex and managed workspaces, mainly in western Hyderabad and existing IT corridors.
Why It Matters
GCC leaders planning India expansion need to know where demand is concentrating before costs climb. HR leaders should note 75,000 new high-skilled jobs will intensify competition for talent in Hyderabad.
Bizquad Perspective
Most leaders will chase the office space numbers and miss that 75,000 new jobs in one city will spike attrition and wage inflation at existing GCCs first.