Grade-A Shortage Is Pushing Rents Up — Why Mumbai, Delhi & Gurugram Are Squeezing Businesses

New IIMB–CRE Matrix data shows Grade-A office rents rising across India. The story isn’t a cyclical bounce — it’s structural scarcity of premium stock meeting renewed in-office demand. Here’s what tenants, startups and investors should do next.

Hrithik Buys Offices in Chandivali for ₹31 Cr

Hrithik Roshan and Rakesh Roshan’s HRX Digitech LLP has purchased three premium office units in Chandivali’s Boomerang building for ₹31 crore. The deal follows their ₹37.75 crore buy in the same complex last year, showing the family’s continued interest in Mumbai’s commercial property market.

Mumbai Office Market Hits 169 Mn Sq Ft: Over 50% Stock in Grade B Category, Flex Space Demand Soars

Mumbai’s office stock hit 169 Mn sq. ft. in H1 2025, with over 50% in Grade B assets. SBDs lead the shift, flex space dominates leasing, and vacancy hits a 10-year low, as per Knight Frank’s Billion Sq Ft report.

Mumbai, Bengaluru, Hyderabad Power India’s Office Market to 33.7 MSF in H1 2025

India’s commercial office market is on a strong upswing, with Q2 2025 recording 17.8 million sq. ft. of leasing across the top seven cities. With technology and flex players leading the charge, Bengaluru, Hyderabad, and Pune have emerged as the key growth engines.

India’s Office Boom Narrows to 15 Hotspots

A new Colliers report reveals that 15 high-activity micro markets across India’s top 7 cities are driving the majority of office demand and supply. With robust leasing, growing REIT-worthiness, and rising flex and GCC occupancy, these zones are set to shape the next phase of India’s commercial real estate growth.