Where brokers, developers and occupiers share real intelligence — market moves, off-market deals, GCC gossip and frank market takes that don't appear in press releases.
Deal hasn't been publicly announced. Three towers in the FD corridor are on the shortlist. Fit-out capex contribution is apparently a key negotiating lever. One tower is reportedly offering 18-month lock-in at current market rate, which is aggressive. Occupancy target is Q1 2026.
Seeing a consistent trend this quarter — GCCs that had multi-building setups in Hitec City are consolidating into single, larger Grade A towers for operational efficiency. Net effect: secondary buildings are releasing 30,000–60,000 sq ft back into the market at slightly softer rents. Opportunity for mid-size occupiers.
Deal closed last week. Developer agreed to full Cat-B fit-out at their cost in exchange for a 5-year locked-in lease commitment. The effective rent per sq ft works out ~12% below current published rates for that building. Tenant is planning to list this as their APAC engineering hub.
Infrastructure completion is ahead of schedule. Already have two confirmed inbound enquiries from US tech companies evaluating Kochi as a cost-competitive alternative to Hyderabad. Current quoted rents won't hold — smart occupiers should lock in now rather than wait for the formal announcement.
Working on a deal where the GCC wants a right-of-first-offer on adjacent floors across a 9-year term. Developer is pushing back on anything beyond year 5. Looking to hear how others have structured this — particularly around defining the trigger event and the response period. Any precedents from Bangalore or Hyderabad SEZ deals would be invaluable.
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