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

Hyderabad’s office market surged in Q1 2025 with a 9% rent hike, driven by strong demand from IT firms and Global Capability Centers. While residential sales dipped slightly, premium housing saw notable growth, reflecting rising interest in high-value properties amid shifting buyer preferences and evolving workspace trends.
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Kolkata’s office space leasing dipped 16% in Q1 2025, but average rents rose 9%, the highest among top Indian cities. Flexible workspaces dominated demand, while residential prices hit a six-year high. Despite a slight drop in home sales, luxury housing and new launches showed strong growth, signalling market resilience.
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315Work Avenue plans to expand its coworking footprint by 2 million sq. ft., aiming for 5 million sq. ft. by year-end. With 60,000 seats across major cities, the company is tapping into India’s surging demand for flexible workspaces, driven by evolving business needs and record-high office leasing trends.
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According to Colliers, Delhi NCR and Bengaluru led India’s office leasing surge in Q1 2025, contributing to a 15% YoY growth. Strong demand, especially from tech, BFSI, and manufacturing sectors, outpaced supply, driving rentals up 8%. Flex space leasing grew 22%, signalling continued commercial real estate market expansion.
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India’s office market is set for a transformation in 2025, driven by the growing maturity of REITs, institutional investments, and evolving workplace strategies. With record office space absorption in 2024 and co-working giants exploring IPOs, the sector is poised for expansion, innovation, and increased investor participation.
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India’s office space leasing grew by 15% in Q1 2025, reaching 159 lakh sq ft across seven major cities, driven by corporate expansions and rising investments. Bengaluru, Chennai, and Delhi-NCR led the surge, while Hyderabad and Kolkata lagged. Experts foresee sustained momentum, with demand shifting towards ESG-compliant, tech-integrated workspaces.
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