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

India’s office market is in expansion mode, with NCR, Pune, Bengaluru, Chennai, Mumbai and Hyderabad all seeing strong demand. New supply, rapid GCC growth, hybrid-friendly flex spaces and rising economic confidence are reshaping how and where companies work. This story breaks down the key cities, numbers and forces behind the current boom.
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India’s top 7 cities experienced a 40% increase in net office leasing in H1 2025, totalling 26.8 million sq ft. Bengaluru led the pack with the highest leasing and new office supply. While most cities showed strong growth, Hyderabad’s vacancy rate rose, and Kolkata was the only city to witness a decline.
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Bengaluru is spearheading India’s office retrofitting movement, with over 130 million sq ft identified for upgrades. A CBRE report highlights the potential for rental growth, investor appeal, and ESG compliance. As workplace demands evolve, retrofitting offers a strategic path to modern, efficient, and future-ready commercial real estate across top Indian cities.
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