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India’s Office Market Starts 2026 Strong with 13.5 Million Sq. Ft. Absorption, Bengaluru Leads the Surge 0

India’s Grade-A office market recorded 13.5 million sq. ft. of net absorption in Q1 2026, led by Bengaluru, Hyderabad, and Chennai. GCCs accounted for nearly 47% of leasing demand, while vacancy levels improved across major cities as occupiers continued prioritising premium, sustainable, and future-ready office developments.

Incuspaze Expands Gujarat Presence with 60,000 Sq. Ft. Lease at Million Minds Tech City 0

Incuspaze has leased 60,000 sq. ft. of Grade-A office space at Million Minds Tech City, Ahmedabad. The workspace will accommodate over 1,200 seats and strengthen the company’s Gujarat expansion strategy. The development highlights rising GCC demand, strong leasing momentum, and Ahmedabad’s emergence as a major commercial and innovation hub.

Smartworks Expands Gurugram Footprint with 4 Lakh Sq. Ft. Office Addition Amid Rising Flex Space Demand 0

Smartworks Coworking Spaces has expanded its Gurugram portfolio by adding 4,02,200 sq. ft. of workspace capacity, investing nearly ₹60 crore. The expansion comes as enterprise demand for flexible offices continues to rise across NCR, with the company already operating at 82% occupancy in its managed workspace portfolio.

Vestian Enters Managed Workspace Segment, Targets 2 Million Sq. Ft. Expansion Across India 0
- Industry News
- May 21, 2026
US-based real estate consultancy Vestian has entered India’s managed workspace sector with the launch of “Vestian Spaces.” The company has opened its first Bengaluru centre and plans to scale beyond 2 million sq. ft. over the next three years across key office markets, including Hyderabad, Chennai, Mumbai, Pune, and NCR.
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Circular Fit-Outs Gain Momentum as India’s Office Sector Pushes Toward Carbon-Neutral Workspaces 0
- Industry News
- May 21, 2026
India’s commercial office market is witnessing a major shift toward sustainable workplace interiors as corporates adopt circular fit-outs and low-carbon materials. Experts say green office interiors can reduce embodied carbon emissions by up to 55%, improve long-term asset value, support ESG goals, and create future-ready workspaces across Grade-A and flexible office developments.
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Million Minds Tech City Puts Ahmedabad on India’s GCC and Innovation Map 0
- Industry News
- May 19, 2026
Ganesh Housing has launched the $1.5 billion Million Minds Tech City in Ahmedabad, Gujarat’s first IGBC Platinum-rated SEZ IT Park. Spread across 65 acres, the integrated development targets 70,000 jobs and has already recorded nearly 8 lakh sq. ft. of leasing from major global firms including IBM, TCS, Valtech, and Searce.
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