Office Leasing Archives - Page 2 of 3

Bengaluru Leads India’s Record Office Leasing Boom in 2024 0
- Industry News
- December 28, 2024
India’s office leasing hit 66.4 million sq ft in 2024, driven by Bengaluru’s 21.7 million sq ft absorption. Flex spaces surged with 12.5 million sq ft leased, accounting for 20% of demand. While Chennai and Delhi-NCR saw declines, tech, BFSI, and manufacturing sectors fueled overall growth.
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India’s Office Leasing Hits Record 66.4 Million Sq Ft in 2024 0
- Industry News
- December 27, 2024
India’s office space market saw remarkable growth in 2024, with gross leasing across six major cities rising 14% year-on-year to an all-time high of 66.4 million square feet, according to Colliers India. The surge in demand highlights the resilience and dynamism of the commercial real estate sector, driven largely by technology firms, engineering and manufacturing companies, and financial services providers.
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India’s Office Leasing Hits Record High, Surging to 85 Million Sq Ft in 2024 0
- Industry News
- December 21, 2024
India’s office leasing sector is set to reach a record 85 million sq ft in 2024, driven by IT-BPM, BFSI, and GCCs. Fresh leasing dominates while demand for Grade A spaces in prime locations grows. Rising rents and sustainability trends shape a dynamic commercial real estate market.
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Bengaluru Leads with Mega Office Leases by Top Firms 0

Amazon, Honeywell, and Synopsys secured major office leases in Bengaluru, highlighting the city’s position as India’s top office space market. These deals, totalling over 1.6 million sq ft, align with Bengaluru’s record-breaking office leasing activity, which accounts for 30% of India’s total leasing and signals strong future demand.

India’s Grade A Office Leasing Soars 23% in 2024, Led by Bengaluru and Hyderabad 0

India’s Grade A office leasing surged 23% in the first three quarters of 2024, totalling 46.7 million sq ft. Bengaluru and Hyderabad led the market, with significant technological and BFSI sectors demand. Large deals dominated leasing, while flex space operators accounted for 20% of overall demand.

Bengaluru Leads India’s Office Leasing Surge with 56% YoY Growth 0

Bengaluru led India’s office leasing surge in 2024, with a 56% YoY growth, absorbing 16.4 million sq ft from January-September. Across nine key cities, total office leasing hit 53.8 million sq ft, driven by tech, e-commerce, and flexible space operators. Office leasing is projected to reach 70 million sq ft by year-end.

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