Browsing Tag
Colliers report
6 posts
India’s Office Market Poised for Strong Growth in 2025, Led by Engineering, BFSI, and Flex Spaces
Office leasing in India is projected to reach 65-70 million sq ft in 2025, led by engineering, BFSI, and flex spaces. Bengaluru will remain the top market, with over 20 million sq ft of demand, followed by Hyderabad and Delhi-NCR at 10-15 million sq ft each. The expansion of Global Capability Centers (GCCs) and a shift towards sustainable office spaces will further drive growth.
India Ranks 3rd in Global Cross-Border Capital Destinations for Land and Development Sites
A new report from Colliers reveals that India ranks third globally for cross-border capital targeting land and development sites, with foreign investments making up 73% of total inflows in the first half of 2024. The industrial and warehousing sectors, alongside office properties, are leading investment trends, indicating a strong confidence in India’s real estate market as it continues to attract global investors.
GCCs to Drive 40% of Demand for Grade A Office Space in India
Colliers report projects that Global Capability Centers (GCCs) will drive almost 40% of the demand for Grade A office space in India in the coming years. The report highlights the increasing role of GCCs, engineering, and BFSI sectors in the office space market, with major cities like Bengaluru, Hyderabad, Chennai, and Pune showing significant growth. ESG considerations are also shaping demand, with a substantial portion of office space expected to be green-certified.
