In a significant development that boosts Hyderabad’s growing commercial infrastructure, Mr. Ajaz Farooqi, Promoter of Alcazar Mall, has leased 18,000 square feet of premium space to M/s. Akira Infra and Leasing Pvt. Ltd., which will house a state-of-the-art co-working facility.
This long-term lease, spanning 18 years, marks a major milestone in Alcazar Mall’s journey as a premier business and lifestyle destination. The new co-working space will serve as a dynamic hub for entrepreneurs, startups, professionals, and enterprises seeking flexible, high-end workspaces in the heart of the city.
Strategic Location with a Vision for Growth
Located within Alcazar Mall, one of Hyderabad’s most vibrant commercial centers, the new co-working facility is ideally positioned for accessibility and visibility. With seamless connectivity and top-tier amenities, it is designed to meet the evolving needs of the modern workforce.
This development reflects a strong confidence in Hyderabad’s economic trajectory and the increasing demand for collaborative workspaces that blend convenience, community, and innovation.
A Statement from Mr. Ajaz Farooqi
Speaking about this exciting new chapter, Mr. Ajaz Farooqi stated:
“We are pleased to welcome M/s. Akira Infra and Leasing Pvt. Ltd. to Alcazar Mall. Their upcoming co-working space aligns perfectly with our vision of transforming the mall into a vibrant commercial ecosystem that supports the next generation of businesses and professionals.”
Key Highlights:
- 18,000 sq. ft. of premium space leased to M/s. Akira Infra & Leasing Pvt. Ltd.
- Long-term 18-year lease agreement signed
- Space to be developed as a modern co-working facility
- Located in Alcazar Mall, Hyderabad’s thriving commercial and lifestyle hub
- Reinforces the mall’s role in supporting entrepreneurial and business growth
Looking Ahead
The addition of a co-working facility by M/s. Akira Infra is expected to energize the business environment within Alcazar Mall and attract a new wave of startups, professionals, and creative minds. It represents a strategic step forward in redefining workspaces for a post-pandemic world, where flexibility, location, and community are more important than ever.
With this initiative, Alcazar Mall continues to establish itself as a key commercial landmark in Hyderabad—supporting innovation, enterprise, and long-term economic development.



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