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GCC office demand

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India’s office market shattered records in 2025 with 83.3 million sq ft of leasing, led by GCCs and flex spaces, as vacancy dropped to a five-year low, says JLL.

India’s Office Market Hits Record Highs in 2025 with 83.3 Million Sq Ft Leasing

India’s office market shattered records in 2025 with 83.3 million sq ft of leasing, led by GCCs and flex spaces, as vacancy dropped to a five-year low, says JLL.
Mumbai strengthened its position as India’s largest residential market in 2025, while office leasing touched 9.8 million sq ft—the second-highest level in over a decade—driven by GCC expansion, firm pricing, and disciplined supply, according to Knight Frank.

Mumbai Solidifies Position as India’s Largest Residential Market in 2025; Office Leasing Hits Second-Highest Level in a Decade

Mumbai strengthened its position as India’s largest residential market in 2025, while office leasing touched 9.8 million sq ft—the second-highest level in over a decade—driven by GCC expansion, firm pricing, and disciplined supply, according to Knight Frank.
India’s office real estate market scaled new heights in 2025 with net leasing touching 55.16 million sq ft across the top seven cities. GCCs emerged as the biggest growth driver, while Pune recorded the fastest expansion and office rentals continued to rise.

India’s Office Market Breaks Records in 2025 as Leasing Touches 55 Million Sq Ft

India’s office real estate market scaled new heights in 2025 with net leasing touching 55.16 million sq ft across the top seven cities. GCCs emerged as the biggest growth driver, while Pune recorded the fastest expansion and office rentals continued to rise.
India’s real estate sector closes 2025 on a stable note as sentiment scores hold above 60. Backed by strong office demand, improving funding conditions, and broad-based regional optimism, the market enters 2026 on firmer, more disciplined foundations.

India’s Real Estate Market Shows Resilience in 2025 Despite Global Headwinds

India’s real estate market sustained its growth momentum in 2025, supported by strong office absorption, policy reforms, infrastructure spending, and steady institutional investments despite global economic uncertainties.