60-Second Summary
- Accenture has leased approximately 10.16 lakh square feet of office space at Aparna Technopolis in Hyderabad’s Kondapur business district under a long-term agreement exceeding 10 years.
- The transaction involves Accenture Solutions Pvt. Ltd. and Aparna IT Hub LLP, with the lease registered on June 10, 2026.
- Monthly rent starts at roughly ₹7.5 crore, with the total rental commitment estimated at more than ₹900 crore and potentially exceeding ₹1,000 crore over the lease term.
- The leased premises span more than 1 million square feet across multiple floors and include nearly 1,000 parking spaces.
- The deal ranks among the largest office leasing transactions in India this year, reinforcing Hyderabad’s appeal to multinational technology and consulting occupiers.
Why It Matters
Large-scale office commitments by global occupiers continue to support demand for Grade A commercial assets despite evolving workplace strategies. The transaction strengthens Hyderabad’s position as a leading technology and business services hub, while providing confidence to developers, landlords, and investors focused on premium office markets.
Acre Vertex Insight
This lease reflects a broader trend of multinational firms securing large, long-duration office footprints in India’s technology corridors. Readers should watch whether similar commitments from global capability centres and consulting firms continue to absorb new supply and support rental growth in key office markets. Sustained leasing activity could influence future commercial development pipelines and institutional investment allocations toward office assets.
Key Takeaways
- Accenture secured over 1 million sq ft of office space in Hyderabad.
- The lease carries a rental commitment exceeding ₹900 crore over more than a decade.
- The transaction underscores strong demand for large-format Grade A office assets.