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JPMorgan Chase has sub-leased 176,000 sq ft of office space in Hyderabad, marking one of the largest financial-sector leasing deals in the city this year. The Grade-A facility in Madhapur, taken through a general services agreement with a managed-workspace operator, offers over 124,000 sq ft of carpet area. The five-year lease began in mid-November and carries a high monthly rental with a significant security deposit. The expansion adds to JPMorgan's existing hubs in Hyderabad, Mumbai and Bengaluru, where it supports global technology, compliance and analytics functions. The deal highlights Hyderabad's rising appeal for multinational occupiers and reinforces strong demand for premium, ready-to-move office space.
JPMorgan Chase has recently sub-leased a substantial 176,000 sq ft facility in Hyderabad, marking one of the largest office-space deals by a financial services company in the city this year. The space is in a Grade-A office tower in Madhapur, taken under a general services agreement between JPMorgan and a managed-workspace operator. The deal reflects the firm's deepening investment in India's global-capability-centre ecosystem and its commitment to supporting global operations through Indian hubs. Advertisement
Under the agreement, the office will cover a carpet area of over 124,000 sq ft. The monthly rent has been fixed at a rate that places it among 2025's top-tier leasing transactions in Hyderabad, with a substantial security deposit paid upfront. The lease commenced in mid-November and runs for a five-year term.
This expansion complements JPMorgan's existing offices in Hyderabad, as well as in Mumbai and Bengaluru, where it runs teams focused on technology, compliance and analytics. Over the past two years, the firm has leased close to 800,000-900,000 sq ft across India, making it one of the most aggressive occupiers among financial-services companies in the country's office market.
The decision to add more space in Hyderabad underscores the city's growing appeal for global firms: strong infrastructure, a large pool of skilled professionals and well-developed commercial corridors. For Hyderabad's real-estate market, this deal further strengthens demand for premium, ready-to-occupy office spaces and highlights growing corporate interest beyond traditional tech firms and start-ups.
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