C&W Insights

Mumbai Office Market Q1 2025 | Record Leasing & Tightening Vacancy | C&W Insights 0
- Reports
- July 17, 2025
Mumbai hit a record 4.3 million sq ft in leasing, led by BFSI and IT-BPM. Net absorption surged 165% QoQ. Minimal new supply lowered vacancy to 12.75%. Rents rose across core submarkets. With tight vacancy and limited near-term completions, rents are expected to continue firming in prime areas.
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Pune Office Market, Q1 2025 | Record-Breaking Demand & Rising Supply | C&W Insights 0
- Reports
- July 15, 2025
Pune posted a record 3.5 million sq ft in leasing, driven by BFSI, flex operators, and large-format deals. Net absorption hit 2.07 million sq ft, even as 3.2 million sq ft of new supply pushed vacancy to 11.23%. Rents held steady, signaling continued strength and tenant confidence in quality stock.
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