Uber to open 150,000 sq ft office in Hyderabad

It looks like Uber, the taxi aggregation service from America, has all the plans of expanding its base in India. Reportedly, it has taken 150,000 sq ft space on lease in Hyderabad, which is emerging as the next favorite professional destination in India. This will be Uber's biggest international office outside the US, where it is headquartered.

The San Francisco-based company has plans to use this massive space as a back office and technology centre. If reports are to be believed, in the first phase of the expansion, the company has already occupied 70,000 sq ft in Western Pearl commercial office building in Hitec City. Rest of the development is planned to be done in phases as well.

The building in question is a 700,000 sq ft building, out of which 500,000 sq ft of area is leasable.

Earlier this year, Uber had signed an agreement with Telangana government according to which an investment worth $50 million had to be done in Hyderabad over the next five years.

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