India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Commercial real estate emerged as a key contributor to India’s rising bank credit growth in June 2026. Strong lending to the services sector, coupled with robust industrial credit expansion, reflects growing confidence in office, retail, warehousing, and mixed-use developments, reinforcing positive momentum across the commercial real estate market.
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Delhi-NCR’s office market continues to face strong demand despite a growing development pipeline. With vacancy rates declining, supply concentrated in select micro-markets, and most new projects scheduled for 2027–2028, occupiers are increasingly turning to pre-leasing to secure premium office space, better commercial terms, and long-term flexibility before projects are completed.
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Real Estate Investment Trusts (REITs) are making commercial property investing more accessible by offering stable rental income, diversification, and long-term growth potential. Backed by premium office assets and professional management, REITs are attracting more investors as India’s commercial real estate market matures and institutional participation continues to grow.
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DLF plans to expand its commercial real estate portfolio while maintaining a cautious approach toward global macroeconomic developments. Backed by a nearly 50 million sq. ft. annuity portfolio and strong financial performance, the company expects India’s infrastructure push and urbanisation to create long-term opportunities for office and retail real estate.
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India First has introduced a new index fund tracking the Nifty REITs & Realty Index, providing investors with diversified exposure to listed REITs and real estate companies. Backed by regulatory reforms and a projected $25 billion REIT market by 2030, the fund expands access to India’s income-generating commercial real estate sector.
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India’s office leasing grew 7% year-on-year to 41.6 million sq. ft. during the first half of 2026, according to Savills India. Strong demand from GCCs, technology firms, BFSI, and flexible workspace operators, combined with balanced office supply, continues to strengthen the country’s commercial real estate market despite global uncertainties.
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