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

India’s office market experienced robust activity in Q2 2025, with 17.8 million square feet leased across major cities. Bengaluru led the way with 4.8 million sq ft, followed by strong demand in Hyderabad, Mumbai, and Chennai. A steady supply and occupier confidence signal a strong outlook for the remainder of 2025.
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Co-working operators leased 6.5 million sq ft of office space across India’s top cities in H1 2025, marking a 48% year-on-year growth, according to Colliers India. Driven by corporate demand for flexible and managed workspaces, the sector continues to redefine the commercial real estate landscape amid broader expansion of the office market.
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MUMBAI: The country’s financial capital has climbed to the top of India’s commercial real estate ladder. According to a new report by Anarock Research, office rentals in the Mumbai Metropolitan Region (MMR) have jumped 28% in three years — from ₹131 per sq ft in 2022 to ₹168 in 2025 — making it the most
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JP Morgan India has signed a 10-year lease for 1.16 lakh sq ft in an under-construction project by Goisu Realty in Mumbai’s Bandra Kurla Complex (BKC). With a monthly rent of ₹6.91 crore starting October 2026, this deal underscores BKC’s continued appeal as a prime location for financial services firms.
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According to Colliers, India’s office real estate market recorded 17.8 million sq ft of gross leasing in Q2 2025, marking an 11% YoY growth. Bengaluru led the surge with a 27% share, while flex space operators drove record demand. Total annual demand may hit 70 million sq ft by year-end.
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Tata Consultancy Services (TCS) is investing over ₹4,500 crore to expand its physical footprint across India. The move includes significant real estate acquisitions and leasing in cities like Bengaluru, Hyderabad, Kochi, and Visakhapatnam, reflecting a long-term strategy to scale operations, embrace hybrid work, and tap into India’s growing tech talent.
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