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Pune Office Market, Q1 2025 | Record-Breaking Demand & Rising Supply | C&W Insights 0
- Reports
- July 15, 2025
Pune posted a record 3.5 million sq ft in leasing, driven by BFSI, flex operators, and large-format deals. Net absorption hit 2.07 million sq ft, even as 3.2 million sq ft of new supply pushed vacancy to 11.23%. Rents held steady, signaling continued strength and tenant confidence in quality stock.
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ExxonMobil Renews 5.3 Lakh Sq Ft Lease in Bengaluru, Underscoring Corporate Faith in City’s Office Market 0
- Industry News
- July 15, 2025
ExxonMobil has renewed its five-year lease for 5.31 lakh sq ft in Bengaluru’s Whitefield, committing ₹2.60 crore monthly. The deal reflects growing occupier confidence in India’s top tech hub. Recent mega-leases by Amazon and Google further reinforce Bengaluru’s dominance in attracting global giants to premium commercial office spaces.
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GCCs Drive India’s Office Leasing Boom, With Delhi-NCR Leading the Charge 0
- Industry News
- July 15, 2025
Global Capability Centres (GCCs) leased nearly 32 million square feet in FY25—up 24% from the previous year—driven by India’s skilled talent and modern office infrastructure. Delhi-NCR emerged as the top performer, with Fortune 500 firms taking half the GCC space. Demand is expanding beyond IT to banking, healthcare, and R&D.
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Pune’s Office Market Booms in H1 2025, Driven by GCCs and Flex Demand 0

Pune experienced a significant surge in office leasing during the first half of 2025, driven by Global Capability Centres and flex space operators. Leasing reached 38–51 lakh sq ft, with GCCs alone accounting for 15 lakh sq ft in Q2. Despite rising vacancies from new supply, rents climbed 3% to ₹77/sq ft.

Kolkata’s Office Market Sees 60% Surge, Led by Flex and IT Leasing 0

Kolkata’s commercial office market experienced a sharp 60% rise in leasing activity in H1 2025, reaching a decade-high of 1.1 million sq ft. Driven by a major IT deal and two flex workspace transactions, vacancy rates dropped, rents rose, and peripheral business districts, such as Salt Lake and Rajarhat, led the transformation.

India’s Office Space Demand Hits All-Time High in H1 2025, Led by GCCs and IT 0

India’s office leasing hit a record 48.9 million sq ft in H1 2025, growing 41% YoY, driven by strong demand from Global Capability Centres, IT services, and flex operators. Bengaluru led the surge, while falling supply and rising rents signalled a tightening market, particularly in key hubs such as Mumbai and Hyderabad.

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