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

India’s office space market surged in Q1 2025 with a 34% year-on-year rise in absorption across top cities, led by Bengaluru and Mumbai. Despite slower new supply, demand from GCCs and flexible workspaces remains strong. Vestian predicts continued growth driven by IT, BFSI, and coworking space expansion.
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Bengaluru led India’s office space pre-commitments from October 2024 to March 2025, securing 5.7 million sq ft—53% of the total across top cities. Driven by rising demand, limited Grade A+ supply, and evolving workplace needs, global IT and BFSI firms dominate these deals, especially in Bengaluru’s key micro-markets.
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Bengaluru leads the APAC region in flexible office space with 15.5 million sq. ft., followed by Delhi NCR at 10.7 million sq. ft. India’s flexible office market saw substantial growth, particularly in Delhi NCR, driven by rising demand for managed solutions and sustainable business models.
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