Net leases.

  • Typical lease length: 9 years.
  • Typical rent-free: 7 months.
  • Vacancy: 17.4%; trend rising.
  • Net leases.

Hyderabad office lease norms

Net leases.

TL;DR

  • Typical lease length: 9 years.
  • Typical rent-free: 7 months.
  • Vacancy: 17.4%; trend rising.
  • Net leases.

Structure

Net leases. 9-year terms with 3-year lock-ins. Free rent of 5-9 months and TI of INR 1,500-3,000/sqft typical.

Negotiating levers

Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).

Key facts

cityHyderabad
countryIndia
regionAPAC
classARentLocal90 INR/sqft/yr
classARentUsd$1/sqft/yr
vacancy17.4%
typicalLeaseYears9
typicalRentFreeMonths7
submarkets5
primeYieldPct8.6%

Frequently asked questions

What's a typical lease term in Hyderabad?
9 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Hyderabad?
In INR/sqft/year. We also publish a USD-normalised view ($1/sqft/yr) for cross-market comparison.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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