Articles & Latest News on Office market - Page 2 of 7

Smartworks IPO Fully Subscribed on Day Two as India’s Office Market Booms 0
- Industry News
- July 16, 2025
Smartworks’ $67.6 million IPO was fully subscribed by the second day, driven by strong interest from retail and non-institutional investors. The surge reflects the rising demand for integrated office spaces as global firms expand their operations in India. Analysts expect tech parks to dominate new supply, reinforcing India’s position as one of the top office markets in the Asia-Pacific region.
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ExxonMobil Renews 5.3 Lakh Sq Ft Lease in Bengaluru, Underscoring Corporate Faith in City’s Office Market 0
- Industry News
- July 15, 2025
ExxonMobil has renewed its five-year lease for 5.31 lakh sq ft in Bengaluru’s Whitefield, committing ₹2.60 crore monthly. The deal reflects growing occupier confidence in India’s top tech hub. Recent mega-leases by Amazon and Google further reinforce Bengaluru’s dominance in attracting global giants to premium commercial office spaces.
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Pune’s Office Market Booms in H1 2025, Driven by GCCs and Flex Demand 0
- Industry News
- July 15, 2025
Pune experienced a significant surge in office leasing during the first half of 2025, driven by Global Capability Centres and flex space operators. Leasing reached 38–51 lakh sq ft, with GCCs alone accounting for 15 lakh sq ft in Q2. Despite rising vacancies from new supply, rents climbed 3% to ₹77/sq ft.
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Kolkata’s Office Market Sees 60% Surge, Led by Flex and IT Leasing 0

Kolkata’s commercial office market experienced a sharp 60% rise in leasing activity in H1 2025, reaching a decade-high of 1.1 million sq ft. Driven by a major IT deal and two flex workspace transactions, vacancy rates dropped, rents rose, and peripheral business districts, such as Salt Lake and Rajarhat, led the transformation.

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.

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