Browsing Tag

Mumbai office market

14 posts
India’s Global Capability Centres leased a record 31 million sq ft in 2025, transforming cities, creating jobs, and driving real estate demand as companies expand beyond metros into Tier-II markets.

GCCs Power India’s Office Market to an All-Time High in 2025 Despite Global Headwinds

Global Capability Centres powered India’s office market to a historic high in 2025, accounting for 45% of total leasing activity. With record absorption, falling vacancy rates, and rising demand across major cities, GCCs are set to dominate office growth well into 2026.
Mumbai’s first multi-billion-rupee real estate deal of 2026 sees a Chandivali office asset sell for ₹559.25 crore. The sellers — firms owned by Tusshar and Jitendra Kapoor — had earlier closed a ₹855 crore land sale within Balaji IT Park in 2025, signalling strong institutional demand for commercial assets.

2026’s First Multi-Billion Deal: Tusshar & Jitendra Kapoor Sell Mumbai Property for ₹559.25 Crore

Mumbai’s first multi-billion-rupee real estate deal of 2026 sees a Chandivali office asset sell for ₹559.25 crore. The sellers — firms owned by Tusshar and Jitendra Kapoor — had earlier closed a ₹855 crore land sale within Balaji IT Park in 2025, signalling strong institutional demand for commercial assets.
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.
Mindspace REIT, Mumbai Real Estate, Commercial Property, Worli Offices, BKC Annex, Pune Offices, K Raheja Corp, Real Estate Investments, REIT India, Office Market India, Grade A Office Space

Mindspace REIT Acquires ₹2,916 Crore Trophy Office Assets in Mumbai and Pune from K Raheja Corp

Mindspace REIT, Mumbai Real Estate, Commercial Property, Worli Offices, BKC Annex, Pune Offices, K Raheja Corp, Real Estate Investments, REIT India, Office Market India, Grade A Office Space
Knowledge Realty Trust has posted a 20% year-on-year rise in NOI to ₹19,544 million for H1 FY26, with portfolio occupancy reaching 92%. The REIT announced its first post-listing distribution of ₹6,900 million and reported steady leasing momentum led by GCCs and domestic firms.

Knowledge Realty Trust Reports 20% Rise in NOI, Declares ₹6,900 Million Distribution in Q2 FY26

Knowledge Realty Trust has posted a 20% year-on-year rise in NOI to ₹19,544 million for H1 FY26, with portfolio occupancy reaching 92%. The REIT announced its first post-listing distribution of ₹6,900 million and reported steady leasing momentum led by GCCs and domestic firms.