Industry News

India’s Office Market Defies Global Slowdown, Leasing Hits Record High in Q1 2026 0
- Industry News
- April 29, 2026
India’s office market recorded its strongest Q1 performance, with gross leasing rising 10% and net absorption up 7% across seven major cities. Growth was driven by GCC expansion and by flexible workspace operators, with Bengaluru leading demand, and foreign firms accounting for nearly half of total leasing activity.
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ICICI Prudential Bets Big on Grade A Offices with ₹2,600 Cr RMZ Deal 0
- Industry News
- April 29, 2026
ICICI Prudential Alternatives has acquired two premium office assets in Bengaluru and Pune from RMZ Group for ₹2,600 crore. Backed by strong rental and long-term lease income, the deal highlights rising institutional interest in income-generating commercial real estate, especially in GCC-driven micro-markets like ORR and Koregaon Park.
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Chennai Gears Up for 13 Mn Sq Ft Office Supply as GCC Demand Accelerates 0
- Industry News
- April 29, 2026
Chennai is adding 12–13 million sq ft of office space amid rising demand from the GCC. Leasing remains strong, with 1.9 million sq ft absorbed in Q1. Backed by policy support and talent depth, the city is evolving into a diversified, high-value office market with growing global interest.
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Embassy REIT Delivers ₹2,396 Cr FY26 Payout, Targets Growth with ₹9,000 Cr Debt Plan 0
- Industry News
- April 29, 2026
Embassy Office Parks REIT announced a quarterly distribution of ₹616 crore, bringing FY26 payouts to ₹2,396 crore. Strong leasing of 6.4 million sq ft and double-digit growth in revenue and NOI highlight robust performance. The REIT plans to raise ₹9,000 crore in debt to fuel expansion and long-term growth.
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Ahmedabad Enters the REIT League with Landmark Stratum Office Deal 0
- Industry News
- April 29, 2026
Venus Group has monetised 2.07 lakh sq ft of office space at Stratum in Ahmedabad through PropShare Celestia. The ₹244.65 crore SM REIT issue was oversubscribed 1.33 times, highlighting strong investor confidence and growing institutional interest in Grade A, income-generating commercial assets beyond traditional metro office markets.
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India Attracts Global Realty Investment Due to Growth and Policy Stability: JLL’s Murray 0
- Industry News
- April 22, 2026
India is becoming a preferred destination for global real estate investment, driven by strong economic growth, policy stability, and rising demand for quality assets. JLL highlights increasing interest from multinational occupiers, growth in GCCs, and a shift toward AI-enabled, experience-driven workplaces shaping the future of commercial real estate.
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