Amazon. Facebook,, Xerox, AMD ChipMaker booked offices in Hyderabad

Amazon. Facebook,, Xerox, AMD ChipMaker booked offices in Hyderabad

the world's biggest technology companies have booked acres of office space in Bangalore and Hyderabad, real estate agents said, indicating that investments are proceeding apace in the software sector despite a generally gloomy mood for businesses. Facebook, Amazon, Xerox and chipmaker AMD are among the companies that have leased office space in India's technology capital Bangalore, or in Hyderabad, which is home to companies such as Google and Microsoft.     Hyderabad continues to show resilience and its real estate dynamics kept up the momentum according to the real estate reports “Hyderabad Real Estate -a in COVID -19 crisis also Hyderabad comanies are investing heavily in increasing their infrastructure to expand their business. Despite the nationwide lockdown, in Q2 2020, Hyderabad continued to witness relatively good office leasing and residential sales. The city also saw supply of new office buildings in addition to new residential projects. Hyderabad also led India’s office supply with a 30% share in H1 2020, significantly driving the country’s office absorption with an 18% share during the same period. The city reported an absorption of 2.1 million sq. ft in H1 2020,which dropped the city’s vacancy rate to 9.2 %. Other Cities in Telangana are also performing better in New Ventures of open plots and new contructions of Apartments are also starting, Corporate companies are lining up their pipe line projects to aggresively market their  products from March.