Hyderabad Leads GCC Office Rental Index at 212.1; Pune Close at 210.7 in Q1 2026
Hyderabad and Pune have emerged as India’s top GCC office rental markets in Q1 2026, with CPRI levels above 210 and healthy premiums, even as the pan-India GCC index cooled to 165.3 while the broader market rose.
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.