Articles & Latest News on Reports

Over 80% of Office Occupiers Plan Flex Space Expansion in the Next 3-5 Years: Colliers Report 0
- Industry News
- September 14, 2024
A Colliers report reveals that over 80% of office occupiers plan to expand through flexible workspaces in the next 3-5 years, with MNCs leading the shift. Flex spaces are increasingly used for core business operations, especially in tech sectors, and are favoured for longer-term leases in prime city locations.
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Office Transactions Reach Record Highs in H1 2024 – Knight Frank India Report 0
- Industry News
- July 19, 2024
India’s office market hit a record 34.7 million sq ft in H1 2024, growing 33% year-on-year. Bengaluru led with 8.4 million sq ft. Flexible spaces surged, comprising 21% of transactions. Strong demand lowered vacancy rates and boosted rents. The market is set to finish 2024 on a high note.
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Unveiling the Future | Growth and Opportunities in Tier 2-3 Cities and Their Flexible Workspaces 0
- Reports
- June 24, 2024
The latest report by Qdesq and MyBranch highlights the significant growth in Tier 2 and Tier 3 cities, focusing on the expanding flexible office space market. Economic reforms, substantial business investments, and vibrant urban development initiatives drive this growth.
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Modern Buildings Dominate India’s Office Market | JLL Report 0

India’s office market is shifting towards modern, sustainable buildings. From 2021 to Q1 2024, 164.3 million sq ft of new Grade A spaces were added, with 71% being green-certified. Bengaluru and NCR lead in absorption, highlighting the preference for quality, amenities, and sustainability.

India Office Market Update, Q1 2024 | A Comprehensive Analysis by JLL 0

Reports

June 3, 2024

India’s Q1 2024 office market showed resilience, with gross leasing surpassing 15 million sq ft, marking the second-best first quarter. Domestic occupiers led the demand, particularly in BFSI, Flex, and manufacturing sectors. Rental values rose, and Delhi NCR and Bengaluru dominated leasing activity.

GCCs to Drive 40-45% of Office Leasing in India by FY25 | CBRE Report 0

Global capability centres (GCCs) are set to dominate India’s office leasing market, accounting for 40-45% of leased space in FY25, driven by sectors like engineering, BFSI, and tech. Over 1,900 GCCs will employ 2 million by 2025, highlighting India’s robust talent pool and competitive costs.

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