Industry News

India’s Office Space Leasing Defies Global Trends with Record Growth 0
- Industry News
- April 15, 2025
India’s office space leasing market defies global trends, with a 16% growth in 2024, driven by demand from the IT sector and global capability centres. Affordable rents, a skilled workforce, and urbanisation make India a top destination for multinational companies. The broader real estate sector is also thriving despite challenges.
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Delhi-NCR Sees Surge in Office Space Demand as MNCs and GCCs Expand Operations 0
- Industry News
- April 15, 2025
Delhi-NCR’s office space market is experiencing significant growth, driven by the expansion of multinational corporations (MNCs) and Global Capability Centers (GCCs). Key commercial hubs like Gurugram, Noida, and Faridabad are seeing increased leasing activity and are focusing on flexible, tech-enabled, and sustainable workspaces to meet evolving business needs.
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Anarock Taps Vik Lulla to Spearhead US Commercial Leasing Expansion 0
- Industry News
- April 15, 2025
Anarock Group has appointed Vik Lulla as Executive Vice President to drive its US commercial leasing expansion. With extensive international real estate experience, Lulla’s appointment signals Anarock’s global growth strategy. The company plans to set up offices in the Middle East and Singapore to support companies entering India.
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India’s Grade A Office Stock Set for Overhaul as 62% Needs Upgrades 0
- Industry News
- April 14, 2025
A new JLL report reveals that 62% of India’s Grade A office spaces across significant cities require retrofitting to stay relevant. With a Rs 45,000 crore investment opportunity, this shift is set to reshape the office market, driven by demand for sustainable, tech-enabled, and experience-driven workspaces.
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Mumbai Leads India’s Office Space Boom with 63% Surge in Q1 2025 0
- Industry News
- April 14, 2025
Mumbai led India’s office space boom in Q1 2025 with a 63% leasing surge, driven by BFSI demand. Pan-India absorption hit 18 million sq. ft., with significant contributions from Bengaluru, Delhi-NCR, and GCCs. Sustainability also gained momentum, with 81% of leasing in green-certified buildings.
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Kolkata Tops India’s Office Rental Growth in Q1 2025 Despite Leasing Dip 0
- Industry News
- April 14, 2025
Kolkata led India in office rental growth in Q1 2025 with a 9% rise despite a dip in leasing activity. Key deals and infrastructure improvements are fueling demand. The city also saw a surge in mid-range home sales, signalling strong momentum in both commercial and residential real estate markets.
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