Apple adds 64K sq ft at WaveRock, HYD- doubling down amid global shifts

Apple just signed another lease in Hyderabad 64,125 sq ft at WaveRock Tower 2.1, starting July 2025. That brings its total space in the park to 5+ lakh sq ft since its first lease in 2016.

Deal highlights:

• ₹80.15L/month rent (₹125/sq ft)

• ₹4.8 Cr deposit | 5-year term | 3-year lock-in

• 4.77% annual hike

The space is expected to support Apple’s ongoing GIS and backend operations in India. While not a standalone campus, the scale and consistency reflect Hyderabad’s growing role in Apple’s India strategy.

While headlines are about Apple diversifying away from China, hyderabad quietly becomes a key beneficiary. With US-India tensions (amid tariff increase), India’s tech corridors are mopping up backend and R&D work. American firms such as Facebook, Amazon, Apple, Microsoft, Netflix, and Google have been stepping up their hiring in India . They have collectively hired more than 30,000 new employees