New Delhi, Oct. 19 -- Hyderabad is home to more than 500 Global Capability Centres (GCCs), making it India's second-largest market for them after Bengaluru, according to CBRE data. Ramesh Nair, MD and CEO of Mindspace REIT, said that of the 100 new GCCs that came to India last year, 45 chose Hyderabad. In the first half of 2026, CBRE data shows, 66 lakh sq ft of office space was leased in the city while only 13 lakh sq ft was completed.

The other numbers shared at the latest episode of Mint's The CEO Dialogue, filmed at The Pearl Club, Mindspace Madhapur in Hyderabad, tell the same story. Nair said more than 200 of those GCCs arrived in the last three years. Ram Chandnani, MD - Leasing, CBRE India, put the city's investment-grade office ...