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

Delhi NCR’s Grade-A office market continues to gain strength, with occupancy levels projected to cross 80% by FY2027. Gurugram is leading regional demand, driven by strong leasing momentum, limited new supply in key micro-markets, and consistent absorption from IT-BPM and consulting occupiers, according to ICRA’s latest market analysis.
READ MORE
India’s flex office market is projected to surpass 100 million sq. ft. by 2027, driven by rising demand from enterprises and the GCC, according to Colliers. Bengaluru leads the market, while Pune records the highest penetration. Tier II city expansion, technology integration, and enterprise-grade managed solutions are shaping the sector’s next phase of growth.
READ MORE
After nearly a decade of muted growth, Delhi-NCR’s office market is turning a corner. With “about 5 million sqft of new Grade A supply” expected, Delhi-NCR contributing 23% to net leasing, and cities like Faridabad, Gurugram and Noida gaining fresh momentum, the region is shifting toward a more distributed, infrastructure-led, future-ready office landscape.
READ MORE
India’s commercial real estate market saw a strong recovery in the first half of 2025, mainly because of high demand for office spaces in Bengaluru and a steady supply of new properties. The growth was driven by Global Capability Centres and companies that offer flexible workspace solutions, showing that Bengaluru continues to be a top spot for the changing way people work after the pandemic.
READ MORE
Hyderabad posted 2.62 million sq ft in leasing, doubling YoY. Net absorption hit 1.82 million sq ft, led by Healthcare, BFSI, and IT. Madhapur saw the most activity and rent growth. Vacancy held at 23.1%. A large pipeline and Metro expansion support long-term growth, especially in core micro-markets.
READ MORE
India’s office sector is defying global slowdowns, with H1 2025 setting historic highs in gross leasing, net absorption, and demand for flex space. Driven by GCC consolidation, rising domestic demand, and the growth of flex workspace across sectors, India is emerging as a strategic global hub for corporate innovation and operations.
READ MORE