Industry News

Hyderabad’s Office Leasing Market Soars with Strong Demand and Record Absorption in 2024 0
- Industry News
- March 10, 2025
India’s office space supply reached a record 515 lakh square feet in 2024, with leasing activity hitting 707 lakh square feet, driven by demand from IT-ITeS and global capability centres. While Chennai’s supply declined, Hyderabad, Bengaluru, and Delhi-NCR saw significant growth. The IT sector continues to lead leasing activity.
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Record Office Space Supply in India’s Top Cities Amid Strong Demand 0
- Industry News
- March 10, 2025
India’s office space supply reached 515 lakh sq ft in 2024, fueled by strong demand for IT-ITeS and global capability centres. Leasing activity surged to 707 lakh sq ft, up 16% from 2023. Hyderabad, Bengaluru, and Delhi-NCR saw significant growth, while Chennai experienced decline. The IT sector continues to lead.
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Delhi Office Absorption Set to Reach 8.4 Million Sq Ft by Year-End, Driven by Strong Demand 0
- Industry News
- March 10, 2025
Delhi’s office market is poised for significant growth, with net absorption expected to reach 8.3-8.4 million square feet by 2025. The rise in demand for high-quality office spaces, flexible workspaces, and improved connectivity, alongside intense leasing activity, is driving rent increases and attracting investors to the region.
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WoCO Unveils Game-Changing Sustainable Luxury in New Workspace Development 0
- Industry News
- February 28, 2025
WoCO has unveiled WoCO One, a luxurious and sustainable commercial space in Gurugram. Combining cutting-edge technologies, eco-friendly designs, and a prime location, WoCO One sets a new benchmark in workspace leasing, offering modern businesses a blend of innovation, sustainability, and luxury in a prestigious environment.
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MNCs Lease 51 Lakh Sq Ft in Delhi-NCR for GCCs, Driving Office Demand 0
- Industry News
- February 28, 2025
Delhi-NCR is witnessing a surge in demand for office space, with MNCs leasing nearly 51 lakh square feet in the past two years for Global Capabilities Centres (GCCs), marking a 4% annual growth, with India’s growing economic influence attracting GCCs across multiple sectors like engineering and manufacturing.
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Chennai’s Office Space Set to Exceed 100 Million Sq Ft by 2026, Driven by Sector Growth 0
- Industry News
- February 28, 2025
Chennai’s office space market is expected to exceed 100 million square feet by 2026, up from 89 million sqft. Industry policies, investments, and growing sectors like BFSI, life sciences, and GCCs drive this growth. The life sciences sector saw a 60% increase in space absorption in 2024.
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