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Q2 2025 office leasing

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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.

IT-ITeS Powers India’s Office Market in Q2 2025; Flex Spaces Gain Traction with 68% Surge

India’s office market saw 18.79 Mn sq ft absorption in Q2 2025, led by IT-ITeS (50% share) and fast-rising flex spaces (14%). Bengaluru, Hyderabad and Chennai drove leasing volumes as enterprises shift back to offices and demand for agile spaces surges.
The India growth story: Office,

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.