India Archives - Flex Insights

India’s Office Leasing to Hit Record 85 Million Sq Ft in 2024 0
- Industry News
- December 21, 2024
India’s office leasing is projected to hit a record 85 million sq ft in 2024, driven by IT-BPM, BFSI, and GCCs. Fresh leasing will account for 70% of activity, with demand pushing rents upward in prime markets. Net absorption is expected to reach 45 million sq ft.
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The Strategic Shift to Leasing: Transforming India’s Office Space Market 0
- Industry News
- December 21, 2024
Indian businesses are increasingly embracing office leasing for flexibility and cost-efficiency. In Q3 2024, leasing activity surged 66%, led by Bengaluru and Hyderabad. Domestic firms now drive 47% of demand, with tech, BFSI, and hybrid work models fueling growth. The future promises tech-driven, scalable, and sustainable leased spaces.
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Indian Real Estate to Soar Higher in 2025 Amid Sustained Growth 0
- Industry News
- December 21, 2024
India’s real estate sector is set for growth in 2025, driven by regulatory reforms, demand for Grade A offices, and expansion in Tier-II and III cities. With sustainability and green-certified developments shaping the future, industrial, warehousing, and alternative asset classes like data centres will gain traction.
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India’s Office Leasing Hits Record High, Surging to 85 Million Sq Ft in 2024 0

India’s office leasing sector is set to reach a record 85 million sq ft in 2024, driven by IT-BPM, BFSI, and GCCs. Fresh leasing dominates while demand for Grade A spaces in prime locations grows. Rising rents and sustainability trends shape a dynamic commercial real estate market.

India’s Office Rental Market Grows, Pune Leads the Way 0

India’s first Commercial Property Rental Index reveals a 3.6% CAGR in office rentals over five years. Pune leads with 6.9% growth, followed by Chennai and Bengaluru. The index highlights post-pandemic recovery, consistent growth in Bengaluru, and emerging trends, positioning India’s office market for sustained growth.

India Emerges as a Global Hub for GCCs and Innovation 0

India has become a global hub for GCCs, leasing 28.8 million sq ft of office space between Q1 2023 and Q2 2024. Driven by a cost-effective talent pool and world-class infrastructure, GCCs occupy nearly half of India’s prime office inventory, with U.S. firms leading this transformation toward innovation and R&D.

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