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

According to Colliers, Delhi NCR and Bengaluru led India’s office leasing surge in Q1 2025, contributing to a 15% YoY growth. Strong demand, especially from tech, BFSI, and manufacturing sectors, outpaced supply, driving rentals up 8%. Flex space leasing grew 22%, signalling continued commercial real estate market expansion.
READ MORE
India’s office space supply reached a record 515 lakh square feet in 2024, with leasing activity hitting 707 lakh square feet, driven by demand from IT-ITeS and global capability centres. While Chennai’s supply declined, Hyderabad, Bengaluru, and Delhi-NCR saw significant growth. The IT sector continues to lead leasing activity.
READ MORE
India’s office leasing market is set to grow by 8-10% in FY26, fueled by demand from BFSI, IT/ITES, and GCCs. Delhi-NCR leads the surge, with Noida and Gurugram emerging as prime business hubs: improved infrastructure, flexible office spaces, and investor confidence drive commercial real estate expansion.
READ MORE
Enzyme Office Spaces has leased 14,000 sq ft of managed office space in Mumbai’s Andheri East to SUGAR Cosmetics, providing 300 seats for a five-year term. The deal reflects India’s growing demand for flexible workspaces, with the coworking sector expected to surpass 100 million sq ft by 2026.
READ MORE
Bengaluru led India’s office leasing market in 2024 with 21.8 million sq. ft. of absorption, driven by GCCs, tech firms, and flexible space operators. Pan-India leasing hit 79 million sq. ft., with sustainability gaining traction—56% of leases in green-certified buildings. 2025 trends include GCC expansion, flexible spaces, and eco-friendly developments.
READ MORE
India’s office leasing market is set to grow 8-10% in FY26, driven by strong demand from BFSI and GCCs, especially in Bengaluru and Hyderabad. Flex space operators are expanding rapidly, while vacancy rates are expected to decline. Crisil Ratings highlights stable financials, though economic risks remain a key concern.
READ MORE