Articles & Latest News on Office Leasing - Page 2 of 6

NPCI Expands Mumbai Presence with Major Office Lease in Goregaon 0
- Industry News
- February 10, 2025
The National Payments Corporation of India (NPCI) has leased 1.15 lakh sq. ft. of office space in Goregaon, Mumbai, for ₹136 crore, marking its expansion in India’s digital payments ecosystem. This move reflects the growing demand for commercial real estate, as Mumbai remains a hub for Grade-A office spaces, hybrid work models, and fintech growth.
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NCR’s Office Market Booms with Record 12.7 Million Sq. Ft. Leasing in 2024 0
- Industry News
- February 6, 2025
According to Knight Frank India, NCR’s office market hit a record 12.7 million sq. ft. leasing in 2024, with deal sizes rising 29% YoY. Noida saw a 48% surge, while Gurugram remained dominant. Flexible workspaces grew 2.4x, reflecting the shift towards hybrid work and high-quality office space demand.
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India’s Office Leasing Market Set for Record Absorption in FY2025: ICRA 0
- Industry News
- February 2, 2025
India’s office market is set for record absorption, with net leasing projected to grow 10-11% in FY2025 to 59-60 million sq. ft., according to ICRA. Vacancy rates will remain stable, while retail leasing will grow 7-9%. Rising demand from GCCs, corporates, and resilient economic factors continue to drive expansion.
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India’s Office Leasing Market Set for 10-11% Growth in FY25: ICRA 0

India’s office leasing market is set to grow 10-11% in FY25, with net absorption reaching 59-60 million sq. ft., according to ICRA. Despite a surge in new supply, vacancy rates will remain stable. Strong GCCs and flex operators demand drives record leasing, reinforcing India’s commercial real estate momentum.

Apple India Sets Record with Premium Office Lease in Mumbai’s BKC 0

Apple India has set a new record with its ₹738 per sq ft lease for 6,526 sq ft of office space in Mumbai’s BKC. The five-year deal, valued at ₹48.19 lacks per month, underscores the growing demand for premium commercial space in India’s top business hubs.

Mumbai Office Leasing Hits 12.1 Million Sq Ft in 2024 Amid Robust Demand 0

Mumbai’s office leasing reached 12.1 million sq ft in 2024, driven by BFSI, technology, and flexible space sectors. National leasing hit a record 79 million sq ft, with sustainability gaining traction as green-certified spaces accounted for 56% of activity. Mumbai remains a key player in India’s evolving commercial real estate market.

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