If you’ve driven past Kondapur recently, you already know the area is practically buzzing with corporate energy. But the western tech corridor of Hyderabad just hit a whole new level of “blockbuster.”
In one of the most massive commercial real estate deals the city has seen post-pandemic, global IT consulting giant Accenture has locked in a staggering 10.16 lakh square feet of premium office space right in the heart of Kondapur.
According to data registered through real estate analytics firm CRE Matrix, Accenture Solutions Pvt Ltd signed a 10-year lease with Aparna IT Hub LLP for a massive setup inside the state-of-the-art Aparna Technopolis project.
Here is why this deal is turning heads across India’s tech and real estate sectors:
The Mind-Boggling Numbers Breakdown
To put the scale of this move into perspective, let’s look at the sheer weight of the financials behind the lease:
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The Monthly Rent Check: Accenture will be paying a starting combined rent of over ₹7 crore per month.
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The Big Total: Over its 10-year tenure, the total rental commitment is valued at a whopping ₹1,006 crore (including a steady 4.25% annual rent escalation).
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The Security Deposit: Just to seal the deal, the company dropped a cool ₹29.5 crore security deposit.
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The Space: We are talking about 21 full floors across Blocks A and B, comprising a massive chargeable area of 10,16,912 sq ft (and a pure carpet area of about 7.57 lakh sq ft).
Oh, and if you’re wondering about Hyderabad’s infamous tech-corridor traffic—the deal comes with 996 exclusive car parking slots (976 for the offices, and 20 specifically for the cafeteria staff). Talk about planning ahead!
A Phased Move-In
Accenture isn’t moving everyone in overnight. The transition is designed in two grand phases to smoothly scale up operations:
| Phase | Leased From | Rent Commences | Starting Monthly Rent |
| Phase 1 (5.17 Lakh Sq Ft) | April 2026 | December 16, 2026 | ₹3.53 Crore |
| Phase 2 (4.99 Lakh Sq Ft) | September 2026 | February 1, 2027 | ₹3.69 Crore |
By the time the 2035–2036 fiscal year rolls around, the monthly rent for each individual phase will escalate to over ₹5 crore!
Why Hyderabad? The Rise and Rise of GCCs
While many global cities are watching corporate office spaces shrink due to remote work, Hyderabad is doing the exact opposite. Why? Because the city has become the global capital for Global Capability Centres (GCCs).
With its robust infrastructure, top-tier tech talent pool, and premium “Grade-A” office spaces that are still incredibly competitive compared to Bengaluru or Mumbai, Hyderabad is an irresistible magnet for Fortune 500 companies. From Netflix and Eli Lilly to recent entries like L’Oréal and Southwest Airlines, the city’s corporate ecosystem is thriving.
Accenture’s mega-expansion comes right on the heels of stellar financial performance, with the firm reporting a global Q3 revenue of $18.7 billion. By anchoring their primary Indian delivery arm deep into Kondapur, they are making a loud and clear statement: Hyderabad is the future of global enterprise innovation.
So, the next time you are sitting in Kondapur traffic or grabbing a coffee in the neighborhood, look up at the massive glass facades of Aparna Technopolis. You’re looking at the new ₹1,000-crore epicenter of Hyderabad’s unstoppable tech boom.
