Hyderabad’s position as India’s premier destination for Global Capability Centers (GCCs) continues to strengthen, with another major multinational corporation making a significant real estate commitment. PepsiCo India Capability Center LLP has officially leased over 91,000 square feet of premium office space in the city’s rapidly growing Kokapet micro-market, signaling a major expansion of its Indian operations.
The Deal in Numbers
According to recent real estate data, the comprehensive five-year lease agreement includes the following key details:
- Location: 6th and 7th floors of Laxmi Infobahn Tower 4, Kokapet, Hyderabad.
- Total Area: 91,314 sq ft of chargeable, Grade-A office space.
- Financials: A monthly rent of approximately ₹52.96 lakh (pegged at ₹58 per sq ft), bringing the total estimated lease value to ₹35 crore over the five-year term.
- Lease Terms: The agreement, which commenced on March 13, 2026, includes a standard 5% annual rent escalation and a security deposit of ₹4.76 crore paid to the landlord, GAR & Son Builders LLP.
Strategic Significance: Why Hyderabad and Kokapet?
This substantial investment is not just a real estate transaction; it is a strategic vote of confidence in Hyderabad’s thriving talent ecosystem and robust IT infrastructure.
Kokapet, often dubbed the “Next Gen IT Hub” of Hyderabad, has rapidly evolved from an emerging suburb into a premier enterprise corridor. With its proximity to the Outer Ring Road (ORR), world-class social infrastructure, and a concentration of Grade-A commercial developments, it has become the address of choice for global tech and corporate giants looking to establish or expand their GCCs.
As Raja Seetharaman, Co-founder of Propstack, noted on the deal:
“PepsiCo’s expansion of ~91,000 sq ft at Laxmi Infobahn underscores the relentless appetite global giants have for Grade-A GCC assets in Hyderabad. Kokapet continues to establish itself as a premier enterprise corridor, backed by robust infrastructure and sustained institutional demand.”
Fueling the GCC Boom in Telangana
PepsiCo’s move aligns with a broader, unstoppable trend in Hyderabad’s commercial real estate sector. Over the past few years, the city has consistently attracted top-tier multinational companies across sectors like technology, pharmaceuticals, finance, and FMCG. These organizations are drawn to Hyderabad’s deep pool of specialized STEM talent, proactive government policies, and high quality of life.
By expanding its Capability Center, PepsiCo is positioning itself to drive innovation, digital transformation, and advanced analytics from the heart of India, supporting its global business objectives.
Looking Ahead
As the lease takes full effect, the Laxmi Infobahn Tower 4 will see an influx of top-tier corporate talent, further boosting the local economy, retail, and hospitality sectors in the Kokapet vicinity.
For Hyderabad, deals of this magnitude reinforce its narrative not just as India’s “Cyberabad,” but as a mature, globally integrated hub capable of hosting the world’s most recognized brands. As more Fortune 500 companies follow suit, Hyderabad’s skyline—and its economic footprint—will only continue to rise.
