ASIA PACIFIC OUTLOOK 2025

HYDERABAD

RENT GROWTH

Office rentals are projected to grow by approximately 4% y-o-y by the end of 2024.

-6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0%

1,200

FORECAST

Rental growth is expected to remain within 2%–3% during 2025 and 2026, driven by market dynamics.

1,000

800

Rental levesl are anticipated to rise to INR950 per sq ft per year by the end of 2025, up from INR898 at the close of 2024.

600

400

200

0

2022 2023 2024F 2025F 2026F 2027F 2028F 2029F

RENT (INR/SF/YR) AND RENT GROWTH (% PER ANNUM) INR/SQFT/YR

Rent growth (%)

Cushman & Wakefield

ASIA PACIFIC OUTLOOK 2025

Source: Cushman & Wakefield