Flexinsights

India’s Office Leasing Market Poised for 8-10% Growth in FY26: Crisil 0
- Industry News
- February 18, 2025
India’s office leasing market is set to grow 8-10% in FY26, driven by strong demand from BFSI and GCCs, especially in Bengaluru and Hyderabad. Flex space operators are expanding rapidly, while vacancy rates are expected to decline. Crisil Ratings highlights stable financials, though economic risks remain a key concern.
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HDFC Bank Secures 4.5 Lakh Sq. Ft Office Space in Mumbai’s Andheri East in ₹1,020 Crore Lease Deal 0
- Industry News
- February 18, 2025
HDFC Bank has signed a 10-year lease for 4.5 lakh sq. ft of office space in Mumbai’s Andheri East, valued at ₹1,020 crore. The deal includes 227 parking spaces and a 15% rent escalation every three years. This move aligns with HDFC Bank’s real estate restructuring and expansion strategy.
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S&P Global Expands in India with New Bengaluru Office to Foster Innovation and Collaboration 0
- Industry News
- February 18, 2025
S&P Global has expanded its India presence with a new 33,000 sq. ft office in Bengaluru, designed to enhance collaboration, innovation, and employee well-being. Featuring flexible workspaces, wellness amenities, and cultural elements, the office strengthens S&P Global’s India operations, supporting 15,000 employees across multiple cities in its continued growth.
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India’s Commercial Office Space Demand to Hit 70 Million Sq Ft in 2025 0
- Industry News
- February 18, 2025
India’s commercial office market is set to reach 65-70 million sq ft in 2025, with 2024 absorption hitting 66.4 million sq ft, a 14% rise. GCCs drive demand, leasing 25.7 million sq ft, while sustainability gains traction, with 80% of new supply expected to be green-certified. Institutional investment remains strong at USD 4.7 billion.
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