Browsing Tag

Mumbai office space

2 posts
REIT

REIT Share in India’s Office Market May Nearly Double to 30% by 2030

Colliers India predicts that REIT penetration in the country’s office market could nearly double to 25–30% by 2030 from the current 16%. With 500 million sq. ft. of REIT-worthy Grade A offices and growing interest in retail, warehouses, housing, and data centres, REITs are emerging as a key growth driver for Indian real estate.
India’s office market is booming again. With 40% growth in office space leasing in H1 2025, companies are preparing for a mass hiring wave. Bengaluru and Pune lead the race, while Mumbai and NCR also show strong activity. This office boom is set to create lakhs of new jobs across India.

Technology Sector Anchors 40% of India’s Office Leasing in H1 2025

India’s commercial real estate market is being anchored by the technology sector, which contributed 40% of overall office leasing in H1 2025 across the top seven cities, says Colliers India. Large-sized deals (≥100,000 sq. ft.) remain dominant, led by tech occupiers, while Bengaluru and Hyderabad alone drive nearly half of the country’s tech demand, underscoring their dominance as global IT hubs.