PepsiCo has leased 91,314 sq ft of office space in Kokapet, Hyderabad, for its Global Capability Center (GCC), with the five-year lease estimated at around ₹35 crore. The deal adds another major global enterprise to expanding GCC companies in Hyderabad and Grade-A commercial office market.
According to a Hindustan Times report based on property documents accessed through Propstack, PepsiCo India Capability Center LLP has leased office space at Laxmi Infobahn Tower 4 in Kokapet, Hyderabad. The lease commenced on March 13, 2026, covering the sixth and seventh floors of the building.
PepsiCo Hyderabad GCC Lease: Key Facts
| Detail | Information |
|---|---|
| Company | PepsiCo India Capability Center LLP |
| City | Hyderabad, Telangana |
| Location | Kokapet |
| Office Building | Laxmi Infobahn Tower 4 |
| Office Area | 91,314 sq ft |
| Lease Term | 5 years |
| Starting Monthly Rent | ₹52.96 lakh |
| Rent Per Sq Ft | ₹58 per sq ft/month |
| Estimated Total Rent | Around ₹35 crore |
| Annual Escalation | 5% |
| Security Deposit | ₹4.76 crore |
| Lease Commencement | March 13, 2026 |
| Landlord | GAR & Son Builders LLP |
The lease covers approximately 91,314 sq ft of chargeable office space across the sixth and seventh floors of Laxmi Infobahn Tower 4. PepsiCo will pay an initial monthly rent of ₹52.96 lakh, equivalent to ₹58 per sq ft per month. The agreement also includes a 5% annual rent escalation.
Why Is PepsiCo Expanding Its GCC Presence in Hyderabad?
PepsiCo’s office lease is part of a broader trend of global enterprises choosing Hyderabad for large-scale capability and corporate operations.
Hyderabad has developed into a major GCCs in Hyderabad because multinational companies can access a large technology and professional-services talent pool while operating from established Grade-A office corridors.
The PepsiCo transaction is particularly relevant because the company has selected Kokapet, an emerging western Hyderabad commercial corridor that has attracted increasing corporate and institutional demand.
The deal also comes amid a broader increase in large-format office leasing in Hyderabad.
What Does the PepsiCo Lease Mean for Kokapet Commercial Real Estate?
The PepsiCo lease strengthens Kokapet’s position as a destination for large corporate occupiers.
Kokapet sits within Hyderabad’s western growth corridor, close to Financial District, Gachibowli, Nanakramguda and the broader western Hyderabad office ecosystem.
For commercial real estate investors and developers, a 91,314 sq ft lease by a multinational enterprise provides another data point showing demand for large, professionally managed office campuses outside traditional central business districts.
The key point is not simply the size of the PepsiCo lease.
It is the type of occupier taking the space.
Large multinational companies typically have stringent requirements around infrastructure, connectivity, building quality, security, employee amenities and long-term operational suitability.
How Much Is PepsiCo Paying for Its Hyderabad Office?
PepsiCo’s starting rent for the Hyderabad office is ₹52.96 lakh per month, or approximately ₹58 per sq ft per month.
The five-year lease has an estimated total rental value of around ₹35 crore, according to the property documents cited by Hindustan Times.
The agreement also provides for a 5% annual escalation, while PepsiCo has deposited approximately ₹4.76 crore as security.
This makes the transaction a useful benchmark for understanding rental economics for large Grade-A office requirements in Kokapet.
Hyderabad GCC Office Leasing Is Getting Larger
The PepsiCo deal comes alongside other large GCC transactions in Hyderabad.
Hindustan Times reported that Canadian Imperial Bank of Commerce (CIBC) has leased approximately 1.21 lakh sq ft of managed office space in Hyderabad for its GCC, under a five-year agreement estimated at around ₹180 crore.
These transactions point toward a common pattern: global companies are increasingly taking sizeable office footprints for capability centres and other enterprise operations.
According to the Nasscom-Zinnov GCC Landscape Report 2026 cited by Hindustan Times, Hyderabad was selected by 55% of top financial-services companies that established GCCs in India.
Hyderabad Large Office Transactions: What the Numbers Show
The broader office market data makes the PepsiCo lease more significant.
Knight Frank India data cited by Hindustan Times shows that office transactions involving spaces of 100,000 sq ft and above accounted for 4.9 million sq ft of leasing in Hyderabad during H1 2026.
Large transactions represented 65% of Hyderabad’s overall office leasing volume, up from 51% in H1 2025.
Leasing in spaces above 100,000 sq ft increased 63% year-on-year, from 3 million sq ft in H1 2025 to 4.9 million sq ft in H1 2026.
That provides useful context for PepsiCo’s 91,314 sq ft transaction: the company is operating just below the 100,000 sq ft threshold used in the large-transaction market data, but the deal sits squarely within the same broader trend of substantial enterprise office requirements.
Why Are GCCs Choosing Kokapet and Western Hyderabad?
Several factors make western Hyderabad attractive for GCC and enterprise office occupiers:
- Proximity to Hyderabad’s established IT and GCC clusters
- Access to the Gachibowli and Financial District employment ecosystem
- Availability of Grade-A office developments
- Growing residential development in western Hyderabad
- Access to major road corridors
- Large floor plates suitable for enterprise occupiers
- Expanding ecosystem of hotels, retail, residential and commercial developments
Kokapet is increasingly being viewed as an extension of the Financial District–Gachibowli commercial corridor rather than as an isolated peripheral market.
That distinction matters for future office demand.
Is PepsiCo’s Hyderabad Lease a GCC Expansion?
The lease is described as office space for PepsiCo India Capability Center LLP, making it directly relevant to Hyderabad’s GCC ecosystem.
A GCC can house technology, analytics, finance, business operations, research, engineering and other enterprise functions for a multinational parent company.
For Hyderabad, each sizeable GCC transaction can create secondary demand for:
- Corporate housing
- Business hotels
- Managed offices
- Commercial real estate
- Recruitment and talent services
- Corporate transportation
- Facilities management
- Food and hospitality
- Employee services
This is why a large GCC office lease has implications beyond the office building itself.
What Does the PepsiCo Deal Mean for Hyderabad’s GCC Market?
The PepsiCo lease reinforces three broader trends in Hyderabad’s commercial real estate market.
1. Global enterprises continue to choose Hyderabad
The presence of multinational companies across technology, financial services, healthcare, consumer goods and other sectors has expanded Hyderabad’s GCC ecosystem.
2. GCC demand is supporting large office transactions
The increase in Hyderabad’s large-format office leasing shows that GCCs and other large enterprises remain significant occupiers of Grade-A office space.
3. Western Hyderabad is becoming increasingly important
Kokapet, Financial District, Gachibowli and surrounding areas are developing into a connected corporate ecosystem.
The PepsiCo lease adds another multinational occupier to this western Hyderabad corridor.
PepsiCo Hyderabad Office Lease: Frequently Asked Questions
How much office space has PepsiCo leased in Hyderabad?
PepsiCo India Capability Center LLP has leased 91,314 sq ft of office space at Laxmi Infobahn Tower 4 in Kokapet, Hyderabad.
Where is PepsiCo’s newly leased office space in Hyderabad?
The leased office space is located at Laxmi Infobahn Tower 4 in Kokapet, Hyderabad.
How much will PepsiCo pay for the Hyderabad office?
The starting monthly rent is ₹52.96 lakh, equivalent to ₹58 per sq ft per month. The total rent over five years is estimated at around ₹35 crore.
How long is PepsiCo’s Hyderabad office lease?
The lease period is five years, commencing on March 13, 2026.
What is the rent escalation in PepsiCo’s Hyderabad lease?
The lease agreement provides for a 5% annual escalation in rent.
Which building has PepsiCo leased in Kokapet?
PepsiCo has leased the sixth and seventh floors of Laxmi Infobahn Tower 4 in Kokapet.
Is PepsiCo’s Hyderabad office a GCC?
The leased entity is PepsiCo India Capability Center LLP, making the transaction part of Hyderabad’s GCC and capability-centre office market.
What does the PepsiCo lease indicate about Hyderabad commercial real estate?
The transaction adds to evidence of sustained demand from multinational corporations for large, Grade-A office spaces in Hyderabad, particularly across the western Hyderabad corporate corridor.
The Bigger Picture: Hyderabad’s GCC and Commercial Real Estate Story
The PepsiCo Hyderabad office lease is more than a ₹35 crore rental transaction.
It adds another multinational enterprise to Kokapet’s growing corporate ecosystem and comes at a time when Hyderabad is recording substantial demand for large office spaces.
With large GCC transactions increasing and the share of large office deals rising, Hyderabad’s commercial real estate market is increasingly being shaped by enterprise occupiers seeking sizeable, high-quality office campuses.
For developers, landlords, investors and businesses tracking Hyderabad commercial real estate, GCC expansion and office space demand, the PepsiCo lease is a transaction worth watching.
Key takeaway: PepsiCo has leased 91,314 sq ft at Laxmi Infobahn Tower 4, Kokapet, Hyderabad, at an initial rent of ₹52.96 lakh per month, with the five-year lease estimated at around ₹35 crore. The transaction adds to Hyderabad’s growing list of large GCC and enterprise office deals.
Source
This article is based on the Hindustan Times report published on August 22, 2026, citing property documents accessed through Propstack.
Primary source: Hindustan Times — PepsiCo leases 91,314 sq ft GCC office space in Hyderabad