Hyderabad, January 2026 – Hyderabad continues to cement its position as one of India’s most preferred destinations for Global Capability Centres (GCCs) and large-scale corporate office leasing. Strong talent availability, Grade-A office supply, and sustained government support have driven significant leasing activity across the city’s key business districts, particularly the Financial District and Gachibowli corridor.
LPL Financial to Establish First GCC in Hyderabad
US-based wealth management major LPL Financial is set to establish its first Global Capability Centre (GCC) in India, choosing Hyderabad as its base. The company has leased approximately 300,000 sq ft of premium office space at Prestige Skytech, a landmark Grade-A commercial development located in the Financial District.
The upcoming GCC will support LPL Financial’s global operations, focusing on technology, analytics, operations, and support functions. Industry observers see this move as a strong endorsement of Hyderabad’s growing stature in the global financial services and fintech ecosystem.
Prestige Skytech is one of the most sought-after commercial assets in the city, benefiting from proximity to major IT campuses, seamless ORR connectivity, and modern workplace infrastructure.
Other Major Corporate Leasing Deals in Q4 2025
Hyderabad witnessed several high-value office transactions during the latter half of 2025, highlighting sustained demand from multinational firms:
- MSD (Merck Sharp & Dohme) leased around 300,000 sq ft at Phoenix H10, strengthening the city’s life sciences and healthcare GCC presence.
- Ernst & Young (EY) secured approximately 250,000 sq ft of office space at Raheja Mindspace, further expanding its consulting and professional services operations.
- Tata Consultancy Services (TCS) signed a long-term lease for nearly 1 million sq ft at Paradigm Rajapushpa in the Financial District, reflecting confidence in Hyderabad’s long-term growth.
Hyderabad’s Expanding GCC Ecosystem
The city’s GCC growth is no longer limited to technology services alone. Financial services, healthcare, AI, engineering, and analytics-driven centres are rapidly expanding their footprints.
Recent additions to Hyderabad’s GCC ecosystem include:
- Citizens Financial Group, which launched its GCC in partnership with Cognizant, with plans to create nearly 1,000 high-value jobs by early 2026.
- Syneriq Global, which opened a 40,000 sq ft AI-first GCC focused on product engineering and innovation.
- HCA Healthcare, which established its first GCC outside the United States in Hyderabad, occupying nearly 400,000 sq ft and targeting up to 3,000 jobs across multiple functions.
Why Hyderabad Continues to Lead GCC Growth
Industry experts attribute Hyderabad’s sustained success in attracting GCCs to multiple factors:
- Deep talent pool across technology, finance, analytics, and life sciences
- Availability of large contiguous office spaces suitable for enterprise-scale operations
- Competitive operating costs compared to other Tier-1 cities
- Proactive state policies supporting IT, fintech, and innovation-led growth
With continuous leasing momentum, large upcoming commercial developments, and a diversified sector mix, Hyderabad is fast emerging as a global operations hub rather than just an offshore support destination.
The above information is compiled from publicly available reports and industry sources. Leasing sizes and timelines are subject to final confirmations.
