Browsing Tag

BFSI leasing India

2 posts
Ahmedabad

Ahmedabad Emerges as India’s Rising Business Hub with Robust Office Demand and 25.5% Rent Upside

Ahmedabad’s office market has entered a landlord-favorable phase, with a 25.5% premium in market rent over passing rent. A new report by CREDAI and a real estate research firm shows BFSI and tech firms are driving demand, while GIFT City is emerging as the growth engine of Gujarat’s commercial real estate.
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.

Southern Cities Lead GCC Office Leasing with 64% Share in Q1 2025

India’s Global Capability Centres (GCCs) leased 8.35 Mn sq. ft. of office space in Q1 2025, with Bengaluru, Chennai, and Hyderabad capturing a 64% share, according to ANAROCK. The sector saw a 72% YoY jump, driven by IT, BFSI, and manufacturing growth.