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

India’s office real estate market closed 2025 with a record net absorption of 61.4 million sq. ft., led by Bengaluru and Delhi NCR. Strong GCC and IT-BPM demand, rising rentals, tightening vacancies, and robust leasing activity strengthened the outlook for office REITs, yields, and long-term income stability
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India’s office market is close to crossing 1 billion sq ft of institutional-grade stock, driven by GCC growth, large campus consolidation, and renewed return-to-office trends. Strong leasing, regulatory support, and rising investor confidence are positioning REITs as a key channel for long-term capital and sustainable value creation.
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MUMBAI: The country’s financial capital has climbed to the top of India’s commercial real estate ladder. According to a new report by Anarock Research, office rentals in the Mumbai Metropolitan Region (MMR) have jumped 28% in three years — from ₹131 per sq ft in 2022 to ₹168 in 2025 — making it the most
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India’s office real estate market is set to grow steadily, driven by 15–20 high-activity micro markets across top cities. According to Colliers, these zones will account for over 80% of future demand and supply, led by expanding infrastructure, emerging flex space needs, and continued interest from global capability centres.
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