Advertisement
Microsoft India (R&D) has secured a significant office lease in Hyderabad's financial district, occupying 264,000 square feet at Phoenix Centaurus. The five-year agreement, effective from July 2025, involves a base rent of INR 1.77 crore per month, escalating annually by 4.8%. The total monthly outgo, including additional expenses, amounts to INR 5.4 crore. This expansion underscores Microsoft's commitment to enhancing its research and development capabilities in India, particularly in Hyderabad's thriving tech ecosystem.
Microsoft India (R&D) has finalized a major office lease in Hyderabad, marking a notable expansion in the city's financial district. The company has leased 264,000 square feet at Phoenix Centaurus, a key commercial property, through Table Space Technologies, which holds the master lease with Phoenix Tech Zone. Advertisement
Under the agreement, the base rent is INR 1.77 crore per month, which comes to INR 67 per square foot. With additional costs for common area maintenance, operating expenses, capital expenditure, and management fees included, the total monthly expenditure for Microsoft reaches INR 5.4 crore, or INR 204 per square foot. The lease spans five years, starting July 2025, and includes an annual rent escalation of 4.8% along with a security deposit of INR 42.15 crore.
This expansion will accommodate Microsoft's growing research and development teams in Hyderabad, enhancing the company's capabilities in areas such as artificial intelligence, cloud computing, and enterprise solutions. The additional space will support new projects and facilitate collaboration among teams, reinforcing Microsoft's role as a leading technology firm in India.
Hyderabad continues to attract global corporations due to its robust infrastructure, access to skilled talent, and competitive costs. The city has emerged as a key hub for multinational technology firms seeking premium Grade-A office spaces. Microsoft's move reflects a larger trend of global companies consolidating and expanding operations in strategic urban centers within India.
The Phoenix Centaurus lease is also significant as it strengthens Hyderabad's position as a destination for high-value corporate leases, following similar expansions by other tech giants in the region. It highlights the growing demand for large, high-quality office spaces that can accommodate international standards and foster innovation.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
