Hyderabad is no longer just an IT and pharma hub; it’s an evolving powerhouse of emerging office corridors, satellite campuses, and biotech clusters. If you’re a business looking to relocate, expand, or establish a satellite office, the city offers an increasingly diverse set of micro-markets beyond its saturated core.
In this guide, we explore the top emerging office space localities in Hyderabad for 2025, using real-time data, expert insights, infrastructure developments, rental trends, and business use-case fitments. Whether you’re a startup or a global capability center (GCC), this guide will help you decide where you belong.
Hyderabad Office Market Overview
According to a Times of India report (2025), offices to rent in Hyderabad has surpassed other metros in Grade A office leasing, with over 28 million sq ft transacted in just the past year. While legacy districts like Madhapur continue to command interest, it’s the emerging zones that now offer the best value, infrastructure, and scalability.
- New supply is being driven toward peripheral and underdeveloped zones.
- Vacancy in prime areas like HITECH City is tightening, pushing demand outward.
- Infrastructure upgrades (metro expansion, Outer Ring Road) are unlocking new micro-markets
1. HITECH City & Madhapur
- Home to Microsoft, Google, Facebook, Amazon, and numerous IT parks
- Direct connectivity to metro and arterial roads
- Talent-rich, mature ecosystem
Challenges in 2025:
- Vacancy down to ~10%, leading to space scarcity
- Rents increased to ₹140–₹150 per sq ft, up nearly 20% YoY
- Limited options for large-scale expansion
- Overcrowded commute zones
If you’re an MNC or startup in client-facing tech roles, HITECH still holds prestige, but be prepared to pay a premium and compromise on flexibility.
2. Kokapet
Kokapet, located just west of the Financial District, is arguably the most aggressive emerging business zone in Hyderabad.
- Under development: 30–35 million sq ft commercial district with SEZ status
- Developers include Prestige Group, Rajapushpa, and My Home Group
- Located right off the Outer Ring Road (ORR) with excellent airport access
Rental Trends & Business Benefits:
- Rents range ₹80–₹120 per sq ft—30–40% cheaper than HITECH
- High potential for large campuses or scalable managed offices
- Metro Phase 2 to enhance accessibility (under proposal)
Ideal for: Fintech, SaaS companies, scale-ups, GCCs needing premium infrastructure without HITECH premiums
3. Genome Valley
Genome Valley spans over 2,000 acres from Medchal to Gachibowli and is India’s largest life sciences cluster.
- Dedicated to biotech, pharma R&D, CROs, and agritech
- Over 200+ companies, including Novartis, Bharat Biotech, Aurobindo, Dr. Reddy’s Labs
- Controlled infrastructure suitable for labs, clean rooms, and manufacturing units
Market Insight:
- Office spaces range ₹100–₹130/sq ft
- Moderate to low vacancy, depending on customization needs
- Planned expansion corridors now enable better logistics and residential access
Best for: Startups or MNCs in biotech, pharma manufacturing, medical device innovation, or lab testing
4. Malakpet
Malakpet is emerging as a surprise contender thanks to public-private partnerships and a massive IT tower.
- The under-construction iTek Nucleus Tower (30 floors, 1.5 million sq ft)
- An estimated 50,000 direct and indirect jobs
- Centrally located with Metro Line 1 and MMTS accessibility
Location Benefits:
- Close to city centers like Abids, Koti, Dilsukhnagar
- Affordable rents at ₹70–₹90/sq ft
- Balanced urban–commercial ecosystem with proximity to hospitals, markets, and housing
Great fit for: Small-medium enterprises (SMEs), IT services, creative agencies, BPOs, and hybrid teams
5. Kismatpur
Kismatpur is a relatively lesser-known locality, fast transforming into a strategic base for businesses seeking affordability without isolation.
Key Infrastructure:
- Adjacent to ORR (Narsingi exit), 25 minutes to RGIA Airport
- Close to the Financial District and Gachibowli via the APPA–Langar Houz corridor
- Ongoing road widening and civic upgrades
Market Advantage:
- Office rents between ₹50–₹70 per sq ft
- Availability of larger land parcels
- Lower operational overhead for warehousing, remote teams, or distribution hubs
Ideal for: Logistics, remote tech teams, D2C warehousing, EdTech, or hybrid startups
| Locality | Rent Range (₹/sq ft) | Vacancy (%) | Ideal For | Infra Highlights |
| HITECH City | ₹140–₹150 | ~10 | MNCs, tech consultancies | Metro, ORR, IT parks, cafes |
| Kokapet | ₹80–₹120 | Low | GCCs, scale-ups | SEZs, new infra, upcoming MRTS |
| Genome Valley | ₹100–₹130 | Moderate | Biotech, R&D labs | Pharma clusters, R&D licenses |
| Malakpet | ₹70–₹90 | Low | BPOs, SMBs, and hybrid teams | Metro, MMTS, Nucleus Tower |
| Kismatpur | ₹50–₹70 | Low | Logistics, hybrid ops, remote offices | ORR, access to the airport, low cost |
FAQs
1. Are rents cheaper in Kokapet compared to HITECH City?
Yes. Kokapet rents are 30–40% lower, making it a smarter long-term investment if you need scale or a managed office setup.
2. What’s the best locality for biotech startups?
Genome Valley is purpose-built for biotech, offering ready R&D spaces, pharma parks, and compliance-friendly environments.
3. Can startups afford office spaces in Hyderabad’s core?
If you’re cost-conscious, explore Malakpet or Kismatpur. They offer affordability with decent infrastructure and good connectivity.
Conclusion
Hyderabad is no longer limited to one commercial core. The city’s emerging office districts are diversifying their business geography, each catering to a distinct type of company. While HITECH remains a prestigious address, areas like Kokapet and Genome Valley offer long-term strategic advantages, especially for scalable, sector-specific, or cost-conscious setups.
Use this guide to shortlist your next business base, and when you’re ready, GoFloaters can help you find the perfect managed office, coworking space, or hybrid layout in any of these locations.
