JPMorgan Chase has strengthened its presence in Hyderabad by securing a 176,000 sq ft office space through a major sub-lease arrangement at Skyview 20 in Madhapur. The transaction stands out as one of the largest office space deals by a global financial institution in the city for 2025.
The sub-leased premises include a carpet area of over 124,000 sq ft and will support the company’s ongoing expansion of its global capability centre (GCC) operations in India. With a monthly rental value of approximately ₹4.38 crore, the agreement translates to around ₹52.57 crore annually. The deal also included a security deposit of nearly ₹26 crore. The lease commenced on November 15, 2025, with a five-year term.
JPMorgan Chase operates multiple technology and service centres across India, including facilities in Hyderabad, Bengaluru, and Mumbai. These centres play a key role in supporting global operations in areas such as technology development, risk management, compliance and analytics. The new office space in Hyderabad reflects the company’s strategy to scale up its workforce and infrastructure in the country.
Over the past two years, JPMorgan Chase has leased close to 800,000–900,000 sq ft of office space across major Indian cities. This consistent expansion highlights the company’s long-term confidence in India’s talent pool and its growing significance as a global operations hub.
Industry analysts note that the deal reinforces Hyderabad’s position as a leading destination for Grade-A commercial real estate. The city’s infrastructure, talent availability, and business-friendly environment continue to attract multinational corporations seeking to expand or consolidate their India operations. Madhapur, in particular, has remained a key micro-market for tech and financial services companies due to its strong connectivity and modern workspaces.
The large-scale leasing activity from global firms like JPMorgan Chase is expected to further boost Hyderabad’s commercial real estate demand in 2025. Developers and market observers anticipate continued interest from multinational companies evaluating India as a preferred location for operational expansion.
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