Articles & Latest News on Office market

Domestic Firms Reshape India’s Office Market with Record Leasing Activity 0

Domestic firms are reshaping India’s office market, now accounting for 46% of total leasing activity. Sectors like BFSI, manufacturing, and tech drive record space demands, while Mumbai and Delhi NCR lead regionally. Strategic consolidation, flex space growth, and policy support fuel this commercial real estate dynamics shift.

India’s Office Rental Market Soars: Mumbai Leads with 28% Growth, Hyderabad Close Behind 0

India’s commercial office rental market is booming, with Mumbai leading a 28% rise and Hyderabad close behind at 24.1%. Driven by Global Capability Centres, BFSI, and tech firms, prime metros show strong demand for Grade A spaces. Investor confidence remains high as India redefines the future of work.

Flex Spaces Take Centre Stage in India’s Evolving Office Market 0

Flexible workspaces are reshaping India’s office market, driven by hybrid work trends, cost efficiency, and demand from enterprises and GCCs. Tier-I cities lead in adoption, while Tier-II cities emerge as growth hubs. With rising demand, tech integration, and agile models, flex spaces are becoming essential to modern business strategies.

Tesla’s Bold Entry into India Sparks Leasing Surge in Mumbai’s Office Market 0
- Industry News
- April 30, 2025
Tesla has leased a flagship showroom in Mumbai’s BKC at a record INR 881/sq ft and a 30-seater office in Kurla to kickstart operations in India. These strategic moves support local hiring, EV sales, and regulatory setup, aligning with India’s electric mobility push and signalling Tesla’s long-term commitment.
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Pune’s Office Market Breaks Records with 2 Million Sq Ft Absorption in Q1 2025 0
- Industry News
- April 30, 2025
Pune’s office market set new benchmarks in Q1 2025 with 2.07 million sq ft net absorption and a record 3.5 million sq ft gross leasing. Driven by BFSI and flex space demand, the city added 3.2 million sq ft of Grade-A supply, maintaining its position as India’s second-tightest office market.
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India’s Office Market Hits Four-Year Low in Vacancies as GCCs and Tech Drive Leasing Surge 0
- Industry News
- April 30, 2025
India’s office market continued its growth streak in Q1 2025, with vacancy hitting a four-year low of 15.7% amid limited new supply and strong leasing demand. GCCs led activity, net absorption reached 13.4 MSF, and rentals rose—especially in Mumbai—signalling a highly competitive, occupier-driven commercial real estate landscape.
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