Bengaluru, Jan. 8 -- Facebook India Online Services Pvt Ltd, the Indian entity of social networking major Meta, has expanded its presence in Hyderabad, with a new five-year lease of 69,702 sq ft of office space in Hitec City, one of the prime information technology (IT) corridors in the city

The company has leased the space in the Skyview 20 building, The Skyview, from Mahanga Commercial Properties Pvt Ltd for a monthly rent of nearly Rs.67 lakh. The lease was signed on 2 December, 2025, and rent commenced on 18 December, as per documents accessed by real estate data analytics firm CRE Matrix. The rent will escalate by 15% after three years.

The fresh lease transaction highlights the city's robust commercial real estate market and its i...