office demand Archives - Square Feat India

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.

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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…

SquareFeatIndia
September 30, 2026
9 minute read

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.

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Office Leasing in Q1 2025 Rises 15% YoY to 15.9 Million Square Feet Across Top 7 Cities

India’s office leasing market kicked off 2025 on a strong note, recording a 15% year-on-year increase in Q1, with 15.9 million sq. ft. of space absorbed across the top seven cities. Bengaluru and Delhi NCR led the charge, driving nearly half of the total leasing activity. Meanwhile, flex spaces gained momentum, accounting for 14% of total Grade A office space uptake. With demand outpacing supply, office rentals surged by 8% annually, while vacancy levels dropped by 120 basis points, reflecting the continued resilience of the commercial real estate sector.

SquareFeatIndia
March 30, 2025
2 minute read

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Office Demand Surges with 47 Million Square Feet Leased in First Nine Months of 2024

In Q3 2024, India’s office space demand soared to 17.3 million sq ft, marking a 31% increase year-on-year, bringing total leasing in the first nine months to 47 million sq ft. Bengaluru and Hyderabad drove this growth, with technology and BFSI sectors leading the charge. New supply also surged, reflecting strong developer confidence in the market.