Articles & Latest News on Office market - Page 3 of 5

Delhi NCR Ranks as India’s Most Expensive Office Market, 6th in Asia-Pacific 0
- Industry News
- November 25, 2024
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.
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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.
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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.
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India’s Office Market Thrives as Top Global Destination, Drives Record Demand and New REIT Opportunities 0

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.

GCCs to Drive Major Growth in India’s Grade A Office Space Demand 0

Global Capability Centres (GCCs) will drive nearly 40% of India’s Grade A office space demand over the next three years. Sectors like engineering, manufacturing, and BFSI will see a 35% growth in leasing. Flex spaces will expand into new regions, with demand surging in major cities and emerging markets.

India’s Office Market Embraces Flex Spaces for the Future 0

A new report reveals that over 80% of Indian office occupiers plan to adopt flexible office spaces. Key drivers include cost efficiency, hybrid work models, and enterprise-grade amenities. Flex spaces are increasingly used for core operations, with longer lease commitments expected. Prime locations remain a priority for businesses.

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