Microsoft Leases 2.64 Lakh Sq Ft in Hyderabad—Biggest R&D Push for Financial District:

After Amazon, Google, now Microsoft, Hyderabad proving again why it’s the preferred global R&D hub.

Microsoft India (R&D) has signed one of the biggest office lease deals of the year in Hyderabad:

🔹 Space: 2.64 lakh sq ft at Phoenix Centaurus, Financial District

🔹 Lease Start: July 1, 2025 (Propstack)

🔹 Base Rent: ₹1.77 Cr/month (@ ₹67/sq.ft)

🔹 Total Outgo: ~₹5.4 Cr/month (@ ₹204/sq.ft) incl. CAM, capex, opex, and mgmt fees

🔹 Lease Term: 5 years, with 4.8% annual escalation

🔹 Security Deposit: ₹42.15 crore

🔹 Floors Taken: 3rd & 4th, leased via Tablespace Technologies

This is among Hyderabad’s biggest commercial real estate deals this year and underscores continued faith in the city’s infrastructure, talent pool, and cost dynamics.

With FD now nearing saturation, and Raidurg already tight, this could spark the next surge in Nanakramguda and beyond.