India’s Office Sector Achieves Record Leasing in Q3 2024, Vacancy Rates Hit Historic Low
India’s office sector saw record leasing activity in Q3 2024, with 24.8 million sq ft leased, a 66.4% YoY increase. Vacancy rates hit a historic low at 17.1%, driven by high demand from Global Capability Centers (GCCs) and the IT-BPM sector.
