ICRA

ICRA Sees 25 Million Sq. Ft. Office Supply Boost for Bengaluru in H2 FY27 0
- Industry News
- December 15, 2025
Bengaluru is set to add nearly 25 million sq. ft. of new office space in H2 FY27, according to ICRA. Despite heavy supply, strong GCC-led absorption is expected to push occupancy above 92% by FY27, reinforcing the city’s position as India’s most resilient and high-growth office market.
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Net Office Absorption Set to Hit Record 70 Million Sq. Ft. in FY26: ICRA 0
- Industry News
- November 28, 2025
ICRA projects net office absorption across Bengaluru, Chennai, Delhi-NCR, Hyderabad, MMR and Pune to touch a record 69–70 million sq. ft. in FY26, up from 66 million sq. ft. last year. Backed by GCCs, BFSI and flexible space operators, vacancies are expected to ease to 12.5–13%, signalling a deeper, more broad-based demand cycle.
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