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

Vestian’s new report says India is poised to become one of the world’s most dynamic REIT markets, backed by strong commercial assets, growing investor appetite, and rising opportunities beyond offices. With the market cap expected to reach USD 25 billion by 2030, emerging sectors such as data centres, logistics, and warehousing will drive the next wave of REIT-led growth.
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India’s flexible workspace sector is expanding rapidly but remains highly consolidated. A Vestian report reveals that 10 major coworking operators control 67% of the 82 million sq ft flex office stock across top cities. Rising GCC demand is accelerating growth, with total stock expected to cross 100 million sq ft by 2026.
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Colliers says India’s Grade A demand may reach ~70 million sq ft in 2025, with around 60 million sq ft of new supply. Occupiers are prioritising quality, hybrid work, sustainability, and inclusivity. “Over 80%” of the upcoming Grade A supply is green-certified, while flex could “drive nearly 20%” of demand, reshaping workplace strategy.
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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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