Articles & Latest News on Office Space

Tier-II Cities Rise as the Next Frontier for Office Space Demand in India 0
- Industry News
- May 29, 2025
India’s Tier-II cities like Coimbatore and Mysuru are emerging as office space hotspots, driven by hybrid work models, affordable rents, and rising startup activity. Major corporations and coworking providers are expanding beyond metros, despite infrastructure challenges. These cities are reshaping India’s commercial real estate landscape with growing demand and improving connectivity.
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Gurgaon Councillors Push for Office Space and Staff Support Amid Growing Administrative Needs 0
- Industry News
- May 23, 2025
Gurgaon councillors have urged Haryana CM Nayab Singh Saini to provide office spaces and staff support to serve their wards better. While some operate from community centres or private offices, they stress formal infrastructure needs. The MCG has promised action pending verification, acknowledging growing administrative demands in the expanding city.
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India’s Ageing Office Spaces Signal Rs 500 Billion Opportunity for Upgrades 0
- Industry News
- May 13, 2025
Nearly half of India’s office space is over a decade old, posing risks of low occupancy and outdated functionality. A CBRE study highlights a Rs 500 billion investment opportunity in retrofitting 434 million sq. ft. to meet modern workplace demands and sustain competitiveness across key markets like Bengaluru, Delhi-NCR, and Mumbai.
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India’s Office Space Market Set to Soar Fivefold by 2033 0

India’s commercial real estate market is set to grow fivefold by 2033, fueled by flexible work trends, green building demand, and strong investor interest. Key cities and emerging tier-2 hubs are driving growth, while sectors like co-working, logistics, and retail evolve to meet new workplace, sustainability, and consumer expectations.

Bengaluru and Mumbai Drive 34% Surge in India’s Office Space Demand in Q1 2025 0

India’s office space market surged in Q1 2025 with a 34% year-on-year rise in absorption across top cities, led by Bengaluru and Mumbai. Despite slower new supply, demand from GCCs and flexible workspaces remains strong. Vestian predicts continued growth driven by IT, BFSI, and coworking space expansion.

Hyderabad Tops List for Vacant Office Spaces in Major Indian Cities 0

Hyderabad’s office market is facing a growing vacancy crisis, with new space deliveries outgrowing demand since 2020. With 28 million sq ft now lying vacant, the city tops India’s major markets for unused inventory. Experts suggest flexible leasing and coworking models may help ease the imbalance in the coming months.

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