Browsing Tag

India office market

18 posts
Asia Pacific office leasing rose 11% to 105.5 million sq ft in 2025, with India accounting for 68% of total demand across the region, according to Colliers’ latest market insights report.

India Office Leasing Hits 54.4 MSF in 9 Months as Flex Demand Surges

India’s Grade A office market remained resilient through the first nine months…
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.
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 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.
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.

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.
Global Capability Centres are set to become the biggest force in India’s office market, potentially accounting for half of total demand as multinational firms expand operations amid trade agreements and strong economic growth.

GCC Boom Set to Power India’s Office Market: Global Firms May Drive Up to 50% Demand Surge

Global Capability Centres are set to become the biggest force in India’s office market, potentially accounting for half of total demand as multinational firms expand operations amid trade agreements and strong economic growth.