Net Office Leasing Surges 40% Across Top 7 Cities in H1 2025, New Supply Up by 25%

India’s office real estate market soared in H1 2025, with net absorption rising 40% year-on-year to nearly 27 million sq. ft. Bengaluru led leasing volumes, while Pune saw a record 533% jump in new supply. Strong demand from IT/ITeS, coworking, and BFSI continues to drive growth despite global uncertainties.

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.