Articles & Latest News on Office Space - Page 7 of 25

GCCs and IT Firms Drive Record Office Space Demand in Q1 2025 0

India’s office space market hit a record 28.2 million sq ft in Q1 2025, driven by strong GCCs and IT firms. Bengaluru led the surge, with GCCs accounting for 44% of transactions. Knight Frank projects continued growth, citing India’s cost advantage and talent pool.

India’s Rs 45,000 Cr Office Retrofit Boom: Key Cities Lead the Charge 0

India’s top office hubs are set to unlock a ₹45,000 crore investment opportunity through retrofitting outdated office spaces. Cities like Bengaluru, Delhi NCR, Mumbai, and Hyderabad lead this transformation, aiming to modernize 530 million sq. ft of office stock and boost rental yields by up to 50%.

Godrej Interio Eyes 30% B2B Growth Amid India’s Office Space Boom 0

Godrej Interio aims for 30% B2B growth by FY27, driven by a ₹55 crore investment and rising demand in India’s office furniture market. With innovative, ergonomic, and tech-enabled solutions, the company targets expanding sectors like IT, BFSI, and GCCs through turnkey workspace projects and patented product offerings.

Office Space Leasing Surges 15% in Major Indian Cities: Colliers 0
- Industry News
- April 3, 2025
India’s office space leasing grew by 15% in Q1 2025, reaching 159 lakh sq ft across seven major cities, driven by corporate expansions and rising investments. Bengaluru, Chennai, and Delhi-NCR led the surge, while Hyderabad and Kolkata lagged. Experts foresee sustained momentum, with demand shifting towards ESG-compliant, tech-integrated workspaces.
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Office Space Supply Drops in Top Cities Despite High Demand: Colliers 0
- Industry News
- April 3, 2025
Office space supply in India’s top cities declined 1% in Q1 2025, with significant drops in Bengaluru, Hyderabad, and Mumbai, while Delhi-NCR and Pune saw growth. Despite this, leasing activity surged 15%, signalling strong demand and potential market tightening, according to Colliers India.
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BFSI Sector Drives Unprecedented Office Space Demand with 135 Lakh Sq Ft Leasing in 2024 0
- Industry News
- March 26, 2025
The BFSI sector leased a record 135 lakh sq ft of office space in 2024, surpassing previous years. A JLL India report highlights its steady 17-18% share in total leasing. Foreign firms dominated with 68.3% of demand. This growth cements BFSI’s key role in India’s commercial real estate market.
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