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Hyderabad’s skyline tells the story of its IT boom.
From HITEC City and the Financial District to Kokapet, Tellapur and Kollur, the city’s residential neighbourhoods have grown alongside its IT companies and Global Capability Centres (GCCs).
The latest 2026 data shows this link between jobs, offices and homes is stronger than ever, which makes the IT sector one of the biggest forces in Hyderabad real estate in 2026. Here is what the numbers say, and what they mean for you as a homebuyer.
Key Takeaways
- Hyderabad leased a record 13.1 million sq ft of office space in Jan–Sep 2026, up 50% year-on-year.
- GCCs took 47% of that space, bringing long-term, skilled jobs to West Hyderabad.
- Home sales hit 29,125 units in Jan–Sep 2026, the best first nine months since 2018, with prices up 7% year-on-year in H1.
- Job growth supports housing demand near the IT corridor, but location, supply and project quality still decide value.
Hyderabad Office Leasing in 2026: A Record Year in the Making
According to Knight Frank, Hyderabad leased a record 13.1 million sq ft of office space between January and September 2026. That is up 50% from 8.8 million sq ft in the same period of 2025, and already more than the whole of 2025.
The key numbers:
- Q3 2026: 5.6 million sq ft leased, up 92% year-on-year
- Share of India: 30% of all office leasing across the eight major markets in Q3
- GCCs: 6.2 million sq ft, up 70%, or 47% of the city’s office deals
- New supply: 9.7 million sq ft completed in nine months, over three times last year
- Vacancy: down to 11.8% in Q3 2026 from 13.3% a year earlier
- Rents: ₹82 per sq ft per month on average, up 9% year-on-year
In simple terms, companies are taking up new office space almost as fast as it is built.
From Office Desks to Doorsteps: How IT Jobs Drive Housing Demand
When companies expand, they hire. And the people they hire need homes close to work.
That is why Gachibowli, Madhapur, Kokapet, Narsingi, Tellapur and Kollur have grown with the IT corridor. Professionals want shorter commutes and more time at home, which supports demand for both buying and renting in West Hyderabad.
Still, an IT corridor address alone does not guarantee value. What also matters:
- Road connectivity and public transport
- Schools, hospitals and daily conveniences
- How much new housing supply is coming up
- The quality and planning of the project itself
The GCC Effect: Long-Term Jobs, Long-Term Demand
Global Capability Centres are offices that multinational companies run in-house for technology, engineering, research and analytics work.
Hyderabad now attracts 23% of all GCC office leasing in India, up from 15% a year ago.
GCC jobs tend to be long-term, skilled and well paid. That brings a steady flow of professionals looking for quality 2 and 3 BHK homes with good amenities, and it shapes what gets built and where.
Hyderabad Housing Market 2026: Steady, Not Speculative
On the residential side, Knight Frank recorded 29,125 home sales in Hyderabad from January to September 2026. That is up 2% year-on-year and the city’s best first nine months since 2018.
Launches rose 6% to 32,577 units. Knight Frank also puts Hyderabad’s average home price at ₹8,258 per sq ft in H1 2026, up 7% year-on-year.
Hyderabad Real Estate 2026 at a Glance
- Office leasing: 13.1 million sq ft (+50% YoY, Jan–Sep)
- GCC share of office leasing: 47% (6.2 million sq ft) (+70% YoY, Jan–Sep)
- Office vacancy: 11.8% (Down from 13.3%, Q3)
- Average office rent: ₹82 per sq ft per month (+9% YoY, Q3)
- Home sales: 29,125 units (+2% YoY, Jan–Sep)
- New home launches: 32,577 units (+6% YoY, Jan–Sep)
- Average home price: ₹8,258 per sq ft (+7% YoY, H1)
Source: Knight Frank
This is steady, end-user-driven growth rather than a speculative spike. It rewards buyers who choose on location and quality, not short-term hype.
Following the Jobs West: Why Kollur and Tellapur Are on Buyers’ Radar
As Gachibowli and the Financial District have become more crowded and more expensive, many buyers are looking a little further west.
Kollur, next to Tellapur and close to the Outer Ring Road, offers easy access to the IT corridor along with more open space and newer gated communities. We have covered this in more detail in Kollur’s Rise: How Hyderabad’s Next Big Residential Hub Is Taking Shape.
Svadha MacKenna’s: Designed for Hyderabad’s Next Growth Chapter
Svadha MacKenna’s is our ongoing community in Kollur, near Tellapur, planned for families and working professionals who want a well-connected home with room to grow.
- 3.85 acres with 67.5% open space
- Three G+14 towers with 492 apartments
- 2, 2.5 and 3 BHK homes
For IT professionals, it offers the balance many are looking for: a calmer neighbourhood that stays connected to where the jobs are.
The Other Side: Risks Homebuyers Should Keep in Mind
Strong numbers are not the whole story. A smart buyer also watches the risks:
- New office supply: 9.7 million sq ft was completed in nine months. If hiring slows, vacancy could rise again.
- Housing supply: launches (32,577) ran ahead of sales (29,125) in Jan–Sep 2026, so some micro-markets may see more choice and less pricing power.
- Global tech cycles: layoffs or slower hiring abroad can affect IT jobs in Hyderabad.
- Infrastructure timelines: roads and metro links can take longer than announced.
This is why the location, the builder and the price matter as much as the IT story.
What to Check Before Buying a Flat Near Hyderabad’s IT Corridor
The biggest takeaway is simple: look beyond the apartment and understand what is happening around it. Before you buy, ask:
- Where are the major job hubs, and how long is the daily commute?
- Are roads, ORR links and public transport improving?
- Are schools, hospitals and shops nearby or coming up?
- Is new supply in the area outpacing demand?
- Is the project RERA-registered, and does the builder deliver on time?
- Does the price make sense compared with similar homes nearby?
If you plan to live in the home, choose a location that makes everyday life easier first. Growing employment and infrastructure nearby is an added advantage.
Frequently Asked Questions
How much office space was leased in Hyderabad in 2026?
Hyderabad leased a record 13.1 million sq ft of office space between January and September 2026, according to Knight Frank. That is 50% more than the same period in 2025 and already more than the whole of 2025.
Are property prices rising in Hyderabad in 2026?
Yes, steadily. Knight Frank puts Hyderabad’s average home price at ₹8,258 per sq ft in H1 2026, up 7% year-on-year. Growth varies a lot between micro-markets, so compare similar projects nearby before you buy.
Which are the best areas to buy a flat in Hyderabad for IT professionals?
Gachibowli, Madhapur, Kokapet, Narsingi, Tellapur and Kollur in West Hyderabad are popular because they are close to the main IT and GCC hubs. The right choice depends on your budget, office location and commute.
Is Kollur a good place to buy a flat in 2026?
Kollur is next to Tellapur and close to the Outer Ring Road, with good access to the IT corridor. It generally offers more space and newer projects than the core IT areas. As with any location, check connectivity, social infrastructure and the builder’s track record.
Does IT sector growth increase property prices in Hyderabad?
IT and GCC growth supports housing demand near job hubs, but it does not guarantee price rises for every property. Prices also depend on local supply, infrastructure, project quality and the wider economy.
What is a GCC, and why does it matter for real estate?
A Global Capability Centre is an office that a multinational company runs in-house for technology, engineering or analytics work. In the first nine months of 2026, GCCs took 47% of Hyderabad’s office leasing, bringing long-term jobs and steady housing demand to West Hyderabad.
Final Thoughts
Hyderabad’s IT and GCC story is far from over. Offices are filling up, new ones are being built, and the jobs they bring keep pulling homebuyers west.
For buyers, the smartest move is to follow the jobs, but choose the home on everything else: connectivity, livability, planning and the builder you trust.
Schedule a site visit at Svadha MacKenna’s, Kollur, and see how life near Hyderabad’s IT corridor feels on the ground. Call +91 733 733 2139.
About Svadha Group
Svadha Group is a Hyderabad-based real estate developer. Its projects include Svadha MacKenna’s in Kollur and completed communities such as Svadha Kollaar and Suja Elysian in Manikonda.
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