India, Feb. 26 -- Global flexible workspace provider Executive Centre India Limited has leased 2.03 lakh sq ft of office space in Hyderabad's Hitec City for a monthly rental of Rs.2.24 crore for five years, according to documents accessed by Propstack.

The space, located in Avance Business Hub, was leased from the landlord, Phoenix Infocity Private Limited, under a new agreement commencing from February 1, 2026. The lease spans the third and fourth floors of the building and covers a chargeable area of 2,03,755 sq ft.

The deal was signed at a monthly rental of Rs.110 per sq ft for 5 years. The rent will increase by 5% every year, the document showed.Also Read: From Google to Amazon: Why tech majors are doubling down on office expansion ...