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

India is projected to surpass China in Grade-A office space supply by 2026, led by Bengaluru, Hyderabad, and Delhi-NCR. Backed by multinational demand and the rise of GCCs, India is emerging as Asia’s top office market, signalling strong investor confidence and a strategic shift in global commercial real estate focus.
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India is aggressively expanding its presence in the World Trade Centres (WTC) network and is projected to overtake the United States as the top market for WTCs by 2028. This growth underscores India’s rising global trade prominence and its strategic investments in commercial real estate across multiple sectors, including logistics, industrial corridors, and data centres.
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India has emerged as the fourth-largest destination in the Asia Pacific (APAC) region for real estate capital inflows during the first half of 2025. Despite a modest 6% year-on-year decline in overall APAC real estate investments, India’s strong foreign and domestic investment activities reflect growing investor confidence and a positive outlook for the year’s second half.
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The Asia Pacific office leasing market in the first half of 2025 was dominated by India, Mainland China, and Japan, accounting for over 90% of total demand. India emerged as a standout market with strong leasing activity, new supply growth, and a shift toward premium, sustainable office spaces.
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Location remains a key determinant of value in India’s commercial real estate market. From metro connectivity and high-street retail to mixed-use hubs and micro-markets, businesses and developers are shifting their focus to proximity, access, and ecosystem-driven planning to maximise rental yields, foot traffic, and long-term growth.
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Global Capability Centres (GCCs) leased nearly 32 million square feet in FY25—up 24% from the previous year—driven by India’s skilled talent and modern office infrastructure. Delhi-NCR emerged as the top performer, with Fortune 500 firms taking half the GCC space. Demand is expanding beyond IT to banking, healthcare, and R&D.
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