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Commercial Real Estate India

43 posts
GCCs accounted for 45% of India’s 42.6 Mn sq ft office leasing in H1 2026; vacancy drops to 15% and average rents climb 9% to Rs 96 per sq ft.

GCCs Capture 45% of India’s Office Leasing in H1 2026

GCCs accounted for 45% of India’s 42.6 Mn sq ft office leasing in H1 2026; vacancy drops to 15% and average rents climb 9% to Rs 96 per sq ft.
India’s office sector delivered 37.9 million sq ft leasing in H1 2026 with a marginal 3.9% YoY decline. GCCs leased 15.8 mn sq ft and flex operators hit a record 10.23 mn sq ft as net absorption reached a decade-high of 26.9 mn sq ft, per JLL.

India Office Market Leases 37.9 Mn Sq Ft in H1 2026; GCCs on Track to Break Record

India’s office sector delivered 37.9 million sq ft leasing in H1 2026 with a marginal 3.9% YoY decline. GCCs leased 15.8 mn sq ft and flex operators hit a record 10.23 mn sq ft as net absorption reached a decade-high of 26.9 mn sq ft, per JLL.
REITs are transforming India’s real estate with rising investor participation, better transparency, and a ₹2 lakh crore market opportunity by 2030.

India’s REIT Boom: ₹2 Lakh Cr Market Set to Transform Real Estate by 2030

REITs are transforming India’s real estate with rising investor participation, better transparency, and a ₹2 lakh crore market opportunity by 2030.
India’s office sector delivered 37.9 million sq ft leasing in H1 2026 with a marginal 3.9% YoY decline. GCCs leased 15.8 mn sq ft and flex operators hit a record 10.23 mn sq ft as net absorption reached a decade-high of 26.9 mn sq ft, per JLL.

Awfis Posts Record ₹1,493 Cr Revenue in FY26 on Strong Coworking Demand Surge

Awfis posted record FY26 revenue of ₹1,493 crore, driven by strong coworking demand, rising enterprise leasing, and expansion across premium office spaces in India.
After more than two decades, the Maharashtra government has revised the carpet area of staff quarters for its officers and employees. The new norms significantly increase the size of government housing across all pay levels, reflecting changing lifestyle needs and modern construction standards.

Grade A Office Boom Hits Record, Mid-Tier Spaces Struggle for Demand

India’s office market is splitting in two—record demand and rising rents for Grade A spaces, while mid-tier buildings struggle with high vacancies and falling relevance amid the GCC boom.