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

India’s office market saw demand outpace supply in 2025, with Delhi-NCR and Mumbai recording sharp declines in new office completions. Colliers noted strong leasing from technology firms, BFSI players, and GCCs, which tightened vacancies, strengthened rentals, and reinforced a landlord-favourable trend across major Indian cities.
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Bengaluru is set to add nearly 25 million sq. ft. of new office space in H2 FY27, according to ICRA. Despite heavy supply, strong GCC-led absorption is expected to push occupancy above 92% by FY27, reinforcing the city’s position as India’s most resilient and high-growth office market.
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