All market moves
Office & GCC

HCA Global

Pre-leases 6.44 lakh sq ft for GCC in Hyderabad

6.44 lakh sq ft · ₹945 crore
Image: The Economic Times
Type
Office & GCC
Where
Mindspace Hyderabad, Hyderabad
Reported
11 November 2026
LOKAZEN DESK1 MIN READBased on reporting by The Economic Times

HCA Global Services will take seven floors at Mindspace Hyderabad from September 1, 2027, under a 10-year office lease valued at around Rs 945 crore.

Tenant
HCA Global Services
Location
Mindspace Hyderabad
Area
6.44 lakh sq ft
Lease term
10 years
Start date
September 1, 2027
Total rental outgo
around Rs 945 crore

What's happening

HCA Global Services, the Indian arm of HCA Healthcare, has committed to occupy 6.44 lakh sq ft at Mindspace Hyderabad. The agreement runs for 10 years and carries an estimated total rent bill of around Rs 945 crore.

The details

The space is spread across seven floors in Building No. 8. Occupancy under the lease is scheduled to start on September 1, 2027.

Starting monthly rent is Rs 7.09 crore. The contract provides for a 4.5% increase in rent each year.

Why it matters

The transaction secures a large, multi-floor occupier for Building No. 8 over a long lease period. Its annual rent increase also gives the landlord a contractual route for rental growth during the term.

What's next

The tenant is expected to begin its lease term on September 1, 2027. Rent will rise annually by 4.5% under the agreement.

WHERE IT LANDS

WHAT IT MEANS

Lokazen’s read
  • For businesses

    The 6.44 lakh sq ft GCC pre-lease at Mindspace Hyderabad could tighten large-floorplate office options and add commuter demand around the park.

  • For investors & landlords

    A ₹945 crore rental commitment for 6.44 lakh sq ft could support demand for large GCC-ready offices at Mindspace Hyderabad.

HOW TO GET AHEAD

Compare large, GCC-ready floorplates in Mindspace Hyderabad now, as this pre-lease could reduce available supply.

Lokazen’s analysis of this report and our location data. A guide for choosing locations, not investment advice.

Expanding in Bangalore?

Lokazen maps the brands already trading in Bangalore and the spaces you can lease now.

Keep reading

All moves
All market moves