Tag: HITEC City

CommercialLatest Stories

ZS Leases 50,000 Sq Ft Office Space in Hyderabad

Representative image NEW DELHI: ZS, a global management consulting and technology firm, announced the opening of a new office in Hyderabad on Monday. This expansion aims to enhance its service capabilities for healthcare and life sciences Global Capability Centres (GCCs) in India. The new facility, spanning 50,000 sq ft at Raheja IT Park in HITEC City, is expected to accommodate around 550-600 employees, as stated by the company. According to ZS, the new office is part of its strategy to boost innovation and service capabilities for healthcare and life sciences GCCs in India, allowing the company to provide tailored, high-impact…

CommercialLatest Stories

Shortage of Grade-A Office Space Hampers Hi-Tech City, Hyderabad

HYDERABAD: Heineken’s decision to establish a global capability center (GCC) in Hyderabad with an investment of nearly Rs 3,000 crore has proven challenging, as securing space in the bustling IT hub of HITEC City has become increasingly difficult. Sources indicate that this trendy area, often compared to San Francisco’s Bay Area, is almost fully leased out in terms of Grade A office space. Notable developments in HITEC City include Sattva Group’s Knowledge Park and Knowledge City, RMZ’s Nexity, Raheja Mindspace, and CapitaLand Park, along with individual projects by Auro Realty and My Home Group. Recently, McDonald’s acquired approximately 200,000 sq…