India’s Flexible Workspace Sector Set to Grow 16–18% to 145 msf by FY28, Says CRISIL Ratings
India’s flexible workspace market is set for strong growth, with capacity expected to reach 145 million sq ft by FY28, driven by rising demand for hybrid and cost-efficient office solutions.
Office Demand Surges But Construction Crashes 36% in Q1 2026 Amid West Asia Crisis
India’s office real estate market saw a sharp 36% drop in new construction in Q1 2026, even as leasing demand surged 20%, tightening vacancies and pushing rentals higher across major cities.
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.
Mindspace REIT Acquires ₹2,541 Cr Chennai Office Asset, Expands Portfolio by 2.6 Mn Sq Ft
Mindspace REIT has acquired a 2.6 million sq ft Grade-A office asset in Chennai for ₹2,541 crore, taking total acquisitions to 6.6 million sq ft and strengthening its presence in key office markets.