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.

Indian Real Estate Attracts $1.4 Bn in Q1 2026 as Domestic Investors Drive Growth

Indian real estate sees $1.4 billion investment in Q1 2026, driven by domestic capital and strong demand for commercial assets.

India Office Market Starts 2026 Strong with 18.3 Mn Sq Ft Leasing, Up 15% YoY

India’s office market recorded 18.3 million sq ft leasing in Q1 2026, up 15% YoY, led by Bengaluru and Hyderabad. Flex spaces surged while vacancy levels declined, signaling strong demand.

Flex Stock in Tier-2 Cities Hits ~9 Mn Sq Ft, Accounts for 9% of India’s Total

Tier-2 cities now account for 9% of India’s flex office stock at nearly 9 Mn sq ft, as companies and GCCs expand into cost-efficient, high-growth urban markets, according to Vestian.