Office Vacancy Falls to 13.85%, Lowest Since 2020: Demand Surges While Supply Shrinks

India’s office vacancy has fallen to 13.85%, the lowest since 2020, driven by strong demand and limited supply. With rents rising and premium spaces tightening, the market is shifting in favour of landlords.

India Office Market to See 70–75 mn sq ft Demand in 2026, Supply at 60–65 mn sq ft

India’s office market is set for strong growth in 2026 with demand projected at 70–75 million sq ft and supply at 60–65 million sq ft. Colliers highlights GCC expansion, flex spaces, and sustainability as key drivers shaping the sector’s future.

GCCs Power India’s Office Market to an All-Time High in 2025 Despite Global Headwinds

Global Capability Centres powered India’s office market to a historic high in 2025, accounting for 45% of total leasing activity. With record absorption, falling vacancy rates, and rising demand across major cities, GCCs are set to dominate office growth well into 2026.

India’s Office Market Hits Record Highs in 2025 with 83.3 Million Sq Ft Leasing

India’s office market shattered records in 2025 with 83.3 million sq ft of leasing, led by GCCs and flex spaces, as vacancy dropped to a five-year low, says JLL.

India’s Office Market Breaks Records in 2025 as Leasing Touches 55 Million Sq Ft

India’s office real estate market scaled new heights in 2025 with net leasing touching 55.16 million sq ft across the top seven cities. GCCs emerged as the biggest growth driver, while Pune recorded the fastest expansion and office rentals continued to rise.