What is the average Class A rent in Hyderabad?

Around 90 INR/sqft/yr ($1 USD) across the broader Class A index. Trophy submarkets like HITEC City command 20–40% above that.

How many months of rent-free are normal in Hyderabad?

7 months on a 9-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Hyderabad?

The Hyderabad Class A market is currently rising. Vacancy is 17.4%, which sets the negotiating context.

Headline Class A rent in Hyderabad is around 90 INR/sqft/yr ($1 USD), with 7 months of typical rent-free on a 9-year term.

Headline Class A rent: 90 INR/sqft/yr ($1 USD).
Trophy submarket rents (HITEC City) push to roughly ₹105/sqft/mo · ≈ $15.1 PSF/yr USD.
Typical concessions on a 9-year deal: 7 months free rent.
Vacancy stands at 17.4% — market trend is rising.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Hyderabad Class A office rents and incentives

Headline Class A rent in Hyderabad is around 90 INR/sqft/yr ($1 USD), with 7 months of typical rent-free on a 9-year term.

TL;DR

Headline Class A rent: 90 INR/sqft/yr ($1 USD).
Trophy submarket rents (HITEC City) push to roughly ₹105/sqft/mo · ≈ $15.1 PSF/yr USD.
Typical concessions on a 9-year deal: 7 months free rent.
Vacancy stands at 17.4% — market trend is rising.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Hyderabad are quoted in INR per sqft per year. Across the broad Class A index the figure is 90, but the trophy tier in HITEC City reaches roughly ₹105/sqft/mo · ≈ $15.1 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Hyderabad concessions on a 9-year Class A lease run to 7 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 22% base corporate income tax plus surcharges and cess for an effective rate of 25.17%. SEZ benefits available in selected HITEC City and Gachibowli parks. Telangana state offers tech-sector incentives.

Where rents land by submarket

HITEC City sits at the top end (~₹105/sqft/mo · ≈ $15.1 PSF/yr USD). Banjara Hills & Jubilee Hills clears around ₹130/sqft/mo · ≈ $18.7 PSF/yr USD as the prime tier. Genome Valley represents the value end at ~₹60/sqft/mo · ≈ $8.64 PSF/yr USD. The full submarket map is on the Hyderabad city page.

Key facts

city	Hyderabad
country	India
region	APAC
classARentLocal	90 INR/sqft/yr
classARentUsd	$1/sqft/yr
vacancy	17.4%
typicalLeaseYears	9
typicalRentFreeMonths	7
submarkets	5
primeYieldPct	8.6%
trophyRent	₹105/sqft/mo · ≈ $15.1 PSF/yr USD
primeRent	₹130/sqft/mo · ≈ $18.7 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Hyderabad?: Around 90 INR/sqft/yr ($1 USD) across the broader Class A index. Trophy submarkets like HITEC City command 20–40% above that.
How many months of rent-free are normal in Hyderabad?: 7 months on a 9-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Hyderabad?: The Hyderabad Class A market is currently rising. Vacancy is 17.4%, which sets the negotiating context.

Editorial provenance

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

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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