India’s Office Market Reaches Record Heights in 2024, Surpassing 49 Million Sq. Ft. in Net Absorption

India’s office market reached new heights in 2024, with net absorption surpassing 49 million sq. ft. and gross leasing volumes hitting a record 77.22 million sq. ft. Bengaluru led the growth, posting its best-ever performance, while global companies and flexible workspaces significantly contributed to the surge.

BFSI and Flex Spaces Drive Office Space Demand in Q3 2024

The office space market in India saw a significant shift in Q3 2024, with BFSI and Flex Spaces driving a 20% increase in demand. Bengaluru and Hyderabad led absorption, while cities like Mumbai and Chennai experienced declines.

Urban Vault Leases 100,000 Square Feet of Office Space in Brigade Summit, Whitefield

Urban Vault, a prominent managed co-working firm, has announced the leasing of…

Office leasing surges by 35%

·       Bengaluru and Hyderabad drove India demand and supply, with cumulative share of…

Southern cities Bengaluru, Hyderabad, Chennai command lion’s share of office demand

Southern cities Bengaluru, Hyderabad, Chennai command lion’s share of office demand; account…