Office market Archives - Flex Insights

The Strategic Shift to Leasing: Transforming India’s Office Space Market 0

Indian businesses are increasingly embracing office leasing for flexibility and cost-efficiency. In Q3 2024, leasing activity surged 66%, led by Bengaluru and Hyderabad. Domestic firms now drive 47% of demand, with tech, BFSI, and hybrid work models fueling growth. The future promises tech-driven, scalable, and sustainable leased spaces.

Office Space Market Sees Growth in Leasing and Stable Rentals in Q3 FY25 0

India’s office space market recorded 18.61 million sq ft absorption in Q3 FY25, driven by BFSI and flex spaces contributing 39%. Southern cities led with 61% share, Bengaluru dominating at 36%. Vacancy dropped to 14.8%, while Hyderabad led new completions. Despite a 4% dip in construction, rentals remained stable.

Delhi NCR Ranks as India’s Most Expensive Office Market, 6th in Asia-Pacific 0

Delhi NCR ranks India’s most expensive office market and 6th in Asia-Pacific, with rents at ₹340/sqft/month. Mumbai follows at 8th with ₹317/sqft, while Bengaluru ranks 18th as a cost-effective option. Knight Frank highlights stable rents, strong global demand, and record transaction volumes driving India’s thriving office market.

Indian Real Estate Market 2024: Recovery, Growth, and Transformation 0
- Industry News
- November 21, 2024
India’s real estate market will see a steady recovery and transformation in 2024. Office leasing nears pre-pandemic levels, fueled by IT and hybrid work models, while e-commerce drives warehousing demand. Residential trends favour integrated townships and sustainable green buildings. Affordable housing expands, though affordability challenges persist in major cities like Mumbai and Delhi.
READ MORE
India Dominates APAC Office Market with Over 70% of Q3 2024 Leasing Demand 0
- Industry News
- November 19, 2024
India leads the Asia-Pacific office market, driving over 70% of Q3 2024 leasing demand, fueled by a 10.7% YoY surge in regional activity. With rising rental rates, robust absorption in Bengaluru and Hyderabad, and 1.34 million square meters of new completions, India cements its position as the APAC market leader for 2025.
READ MORE
India’s Office Market Thrives as Top Global Destination, Drives Record Demand and New REIT Opportunities 0
- Industry News
- November 13, 2024
India’s office market is booming, with record leasing expected to surpass 80 million sq ft this year, driven by demand from multinationals and Global Capability Centers (GCCs). Luxury residential demand remains strong, and new REIT regulations are expanding investment opportunities, solidifying India’s role in the global real estate landscape.
READ MORE

Office market

Latest Posts

Top Authors

ADMINISTRATOR

AUTHOR

AUTHOR

AUTHOR

About Flex Insights

Address

Email

Latest Posts

Leadership Posts

Subscribe to our newsletter