Hyderabad – Global ride-hailing major Uber has signed a landmark office lease exceeding 1 million square feet at Meenakshi Eco Park – Tower 1 (T1), reinforcing Hyderabad’s position as one of India’s most attractive destinations for large-scale Global Capability Centres (GCCs) and technology operations.
The massive leasing transaction is among the largest single-occupier office deals witnessed in the city in recent years and is expected to accommodate nearly 10,000 employees once fully operational.
About Meenakshi Eco Park
Meenakshi Eco Park is a Grade-A commercial development located in the Gachibowli–Financial District corridor, one of Hyderabad’s most prominent IT and business hubs. The campus is known for its large floor plates, modern sustainability features, high parking ratios, and proximity to the Outer Ring Road (ORR), metro connectivity, and major residential catchments.
The project has increasingly attracted global financial institutions, technology firms, and consulting majors looking for scalable, future-ready office infrastructure.
Uber’s Expanding Footprint in Hyderabad
Uber’s decision to consolidate and expand operations at Meenakshi Eco Park reflects the growing strategic importance of Hyderabad in its global operations. The new campus is expected to house teams across engineering, product development, data analytics, platform operations, customer experience, and support functions.
Industry observers note that Hyderabad has emerged as a preferred location for Uber due to its deep technology talent pool, competitive operating costs, and mature office ecosystem compared to other Indian metros.
Other Major Occupiers in the Tower
In addition to Uber, Invesco, the global investment management firm, and Synechron, a leading digital consulting and technology services company, have also leased significant office space at Meenakshi Eco Park T1. Their presence further strengthens the tower’s profile as a multi-tenant GCC and enterprise hub.
The clustering of global financial services, fintech, and technology firms within the same development highlights Hyderabad’s growing role as a cross-industry capability centre.
Hyderabad’s GCC Momentum Continues
Uber’s mega lease comes at a time when Hyderabad is witnessing sustained demand from multinational corporations setting up or expanding their GCCs. Over the past few years, the city has attracted large-format deals from companies across technology, BFSI, aviation, healthcare, and product engineering.
With developments like Meenakshi Eco Park, Prestige Skytech, Phoenix H10, and Raheja Mindspace seeing strong absorption, Hyderabad’s western corridor continues to outperform many other Indian office markets in terms of scale and long-term commitments.
Impact on the Local Office Market
Large transactions such as Uber’s reinforce confidence in Hyderabad’s Grade-A office market and are expected to support rental stability, institutional investment interest, and further commercial development in the Financial District–Gachibowli belt.
Real estate experts believe that mega leases by global brands also act as a catalyst for supporting infrastructure, residential demand, and ancillary services, creating a broader economic multiplier effect for the city.
With Uber, Invesco, and Synechron anchoring Meenakshi Eco Park T1, Hyderabad continues to cement its reputation as one of India’s most scalable and future-ready global office destinations.
