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Bengaluru office market

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India’s office real estate market achieved a new milestone in 2025 as Grade A office leasing crossed 70 million sq ft, supported by strong demand from technology firms, GCCs, and a sharp year-end surge, according to Colliers India.

India’s Office Market Hits a New High: Leasing Crosses 70 Million Sq Ft in 2025

India’s office real estate market achieved a new milestone in 2025 as Grade A office leasing crossed 70 million sq ft, supported by strong demand from technology firms, GCCs, and a sharp year-end surge, according to Colliers India.
Global Capability Centres are set to become the biggest force in India’s office market, potentially accounting for half of total demand as multinational firms expand operations amid trade agreements and strong economic growth.

Why Global Companies Are Choosing Green Offices in India’s Flex Workspaces

Nearly 60% of Global Capability Centers operating from flex offices in India now work out of green-certified, Grade-A buildings, highlighting how global firms are reshaping India’s flexible workspace market.
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.

Flex Office Stock to Cross 100 Million Sq Ft by 2027; Penetration to Exceed 10%

India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.
India’s office market is booming again. With 40% growth in office space leasing in H1 2025, companies are preparing for a mass hiring wave. Bengaluru and Pune lead the race, while Mumbai and NCR also show strong activity. This office boom is set to create lakhs of new jobs across India.

Technology Sector Anchors 40% of India’s Office Leasing in H1 2025

India’s commercial real estate market is being anchored by the technology sector, which contributed 40% of overall office leasing in H1 2025 across the top seven cities, says Colliers India. Large-sized deals (≥100,000 sq. ft.) remain dominant, led by tech occupiers, while Bengaluru and Hyderabad alone drive nearly half of the country’s tech demand, underscoring their dominance as global IT hubs.
Mumbai recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.

India Among Top Global Tech Talent Hubs, Fuels Real Estate Surge

India has emerged as a global tech talent powerhouse, with six cities among APAC’s top 10 for hiring. This surge is reshaping the real estate market, as tech firms drive nearly 50% of office leasing in Bengaluru and Hyderabad alone, according to Colliers’ 2025 report.