An employee standing at the window looks out over construction sites from the Amazon.com Inc. office campus in Hyderabad. (Photographer: Dhiraj Singh/Bloomberg)
Hyderabad, one of the preferred destinations for companies looking for space in India, managed to ride the pandemic largely unscathed, thanks to the segment that turned the southern city into a key office market—IT and captive centres.A compilation of data from two key micro-markets in Hyderabad, Hitech City and Gachibowli, shows only a marginal increase in vacancies with the demand for Grade-A office space remaining stable.Prominent...