Demand surges for Hyderabad's leased office space despite cramped supply

The city surpassed Bengaluru in office space absorption in Jan-March period, though it hasn't been able to match the latter on volume or sustained supply over a longer period in the past

A spurt in office space absorption in Hyderabad during the January-March period this year indicates not just an increased demand for grade-A office space in the city, but also the lack of adequate supply, according to real estate experts.

For the first time, the city of Nizams surpassed India's silicon valley, Bengaluru, in office space absorption in this three-month period, though it hasn't been able to match the latter in terms of volume or sustained supply of office space over a longer period in the past.

According to property consultant CBRE's recent report, Hyderabad has seen office space deals totalling