India Office Market

India Office Market Q1 2026: Record 21.5 Million Sq Ft Leased — The Key Numbers from JLL’s Report 0
- Reports
- June 10, 2026
India’s office market recorded its strongest-ever first quarter in 2026, with 21.5 million sq. ft. of gross leasing and 13.7 million sq. ft. of net absorption, according to JLL. Demand was led by GCCs (45.5%) and flex workspace operators (25.9%), while vacancy fell to a five-year low of 14.7%. Bengaluru emerged as the top-performing market, and tightening Grade A supply is expected to drive rental growth across major office hubs throughout 2026.
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India Office Market Logs Record-Breaking Q1 as GCC Leasing Hits 9.1 Mn Sq. Ft 0
- Industry News
- April 7, 2026
India’s office market recorded its strongest-ever Q1 in 2026, with total leasing reaching 20.7 million sq. ft. GCCs drove 44% of demand, leasing a record 9.1 million sq. ft. Bengaluru led activity, while flex spaces and sustainable buildings gained traction, signalling a structural shift in occupier preferences.
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India Office Market Q1 2026: Record 21.5 Million Sq Ft Leased — The Key Numbers from JLL’s Report 0