PepsiCo leases 91,314 sq ft GCC office space in Hyderabad for ₹35 crore over 5 years
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PepsiCo India Capability Center LLP has secured a 91,314 sq ft office space in Hyderabad's Kokapet area. The five-year lease deal at Laxmi Infobahn Tower 4 is valued at approximately ₹35 crore.
PepsiCo Expands Footprint in Hyderabad
PepsiCo India Capability Center LLP has significantly expanded its operational infrastructure by securing a substantial 91,314 square foot office space in the burgeoning commercial hub of Kokapet, Hyderabad. According to property documents accessed via Propstack, the five-year lease agreement, finalized with GAR & Son Builders LLP, represents a strategic investment in the company’s India-based Global Capability Center (GCC) operations.
Financial Breakdown and Lease Terms
The financial commitment for this expansion is notable, with the total rent over the five-year tenure estimated at approximately ₹35 crore. The company is set to pay a monthly rental of ₹52.96 lakh, which translates to a competitive rate of ₹58 per square foot. The lease officially commenced on March 13, 2026, and covers the sixth and seventh floors of the Laxmi Infobahn Tower 4, a prominent commercial development in the region.
Strategic Importance of Kokapet
Kokapet has rapidly emerged as a preferred destination for multinational corporations seeking premium office spaces in Hyderabad. By situating its GCC operations within Laxmi Infobahn Tower 4, PepsiCo aligns itself with a growing trend of global entities leveraging Hyderabad’s robust real estate ecosystem. This location offers modern infrastructure and accessibility, which are critical for maintaining high-functioning capability centers that support global business processes.
The Role of GCCs in India’s Economy
The establishment of this facility highlights the vital role that Global Capability Centers continue to play in India’s corporate landscape. These centers are no longer mere back-office support hubs; they serve as centers of innovation, digital transformation, and specialized professional services for parent corporations. PepsiCo’s investment underscores the company's commitment to scaling its technological and analytical capabilities within the Indian market.
Market Implications and Future Outlook
This lease deal reflects a broader trend of sustained demand for Grade-A office spaces in tier-1 Indian cities. As major corporations continue to consolidate and expand their footprints, regions like Kokapet are likely to see continued appreciation in commercial property values. For PepsiCo, this move provides the necessary space to accommodate growing talent pools and operational requirements, ensuring they remain agile in a competitive global market.
Conclusion
In summary, the leasing of 91,314 square feet in Laxmi Infobahn Tower 4 is a strategic move that reinforces PepsiCo’s long-term commitment to its Hyderabad-based GCC operations. With a fixed five-year timeline and a significant financial outlay, the company is well-positioned to leverage the infrastructural advantages of Kokapet to drive future growth and operational efficiency.
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