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WeWork inks mega ₹4.4 crore JPMorgan deal in Hyderabad, signals comeback momentum
WeWork India has inked a mega ₹4.4 crore monthly sub-lease deal with JPMorgan in Hyderabad, marking one of the year’s largest office transactions. The agreement signals a powerful comeback for the workspace operator after its earlier financial challenges. JPMorgan leased the entire 1.75 lakh square feet space at Skyview 20 in Hitech City, with the deal commencing November 15, 2025.
WeWork India Management Ltd executed a primary lease on November 7, 2025, renting the Skyview 20 property at ₹98 per square foot monthly. Just six days later, on November 13, the company signed the sub-lease agreement with JPMorgan Services India Pvt Ltd, generating significant arbitrage value by sub-leasing at ₹249 per square foot. This represents a 2.5x markup on the rental spread, illustrating WeWork’s renewed capability to secure premium corporate clients.
JPMorgan leases 176,000 sq ft in Hyderabad, marking one of 2025's biggest office deals
JPMorgan Chase has sub-leased 176,000 sq ft of office space in Hyderabad, marking one of the largest financial-sector leasing deals in the city this year. The Grade-A facility in Madhapur, taken through a general services agreement with a managed-workspace operator, offers over 124,000 sq ft of carpet area. The five-year lease began in mid-November and carries a high monthly rental with a significant security deposit. The expansion adds to JPMorgan's existing hubs in Hyderabad, Mumbai and Bengaluru, where it supports global technology, compliance and analytics functions. The deal highlights Hyderabad's rising appeal for multinational occupiers and reinforces strong demand for premium, ready-to-move office space.
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