Volney Commercial Real Estate Advisory recorded approximately 85,000 sq. ft. of office leasing transactions in FY 2025-26, achieving twofold growth over the previous year. The deals were concentrated across Mumbai’s key commercial hubs, including Bandra Kurla Complex, Chandivali, and Andheri East, reflecting continued occupier demand for premium office space.
Mumbai’s commercial real estate market continues to attract strong occupier interest, and Volney Commercial Real Estate Advisory is emerging as one of the beneficiaries of this momentum. The advisory firm announced that it completed office leasing transactions covering approximately 85,000 square feet during the financial year 2025-26, representing a twofold increase compared to the previous year. The performance reflects sustained demand for office space across some of Mumbai’s most established business districts and highlights the city’s ongoing appeal as a hub for corporate expansion.
The transactions were spread across prominent commercial micro-markets, including Bandra Kurla Complex (BKC), Chandivali, and Andheri East. Demand came from a diverse mix of occupiers ranging from technology companies and pharmaceutical firms to financial services businesses and emerging enterprises. The growth underscores how organisations continue to prioritise strategically located office spaces that offer accessibility, operational efficiency, and long-term business value despite changing workplace strategies.
Strong Activity Across Key Business Hubs
One of the major contributors to Volney’s performance was the Trade Centre at Bandra Kurla Complex, where the company facilitated leasing deals totalling nearly 23,000 square feet over the past year. Occupiers included organisations such as HP Laptop, Logitech, Zanskar Research, Beta Biopharma, Abhinav Visa, and Smif Capital.
Meanwhile, Chandivali emerged as another active leasing destination. At the Boomerang building, Volney closed transactions covering approximately 47,000 square feet. The occupier mix included companies such as Starlink, Mcaffeine, Sun Pharma, BharatPe, Linen Art, Pioneer Engineering, Digimaze, and several investment and creative businesses. The firm also completed pre-leased transactions within the same development, reflecting continued confidence in the micro-market.
In Andheri East, Volney facilitated a 15,000-square-foot office transaction at Kanakia Wallstreet involving investor Saif Ali Khan Pataudi and NCC Limited. Together, these deals contributed to the company’s strongest annual performance to date.
Advisory-Led Approach Driving Growth
The company attributes its expansion to a full-service advisory model that combines office leasing, capital transactions, and investment advisory services. By working closely with occupiers, investors, and developers, the firm has been able to participate across multiple stages of the commercial real estate lifecycle.
Commenting on the milestone, Rohan Sheth, Founder of Volney, said, “The financial year 2025-26 was a defining year for us.” He added that “achieving a twofold growth reflected the strength of our execution and our focus on delivering client-centric solutions.”
According to Sheth, businesses are increasingly exploring both established office corridors and emerging commercial districts as they evaluate workplace expansion opportunities.
Positive Outlook for Office and Flexible Workspace Demand
Looking ahead, industry sentiment remains optimistic. Companies continue to invest in workplace infrastructure as they adapt to evolving work models and employee expectations. Demand for managed offices, flexible workspaces, and premium commercial assets is expected to remain strong, particularly in major urban markets.
Discussing future trends, Sheth noted that “the commercial real estate sector is entering a phase of growth”, supported by expanding corporate activity, increasing demand for flexible workspaces, and sustained investor interest in income-generating assets.
As office absorption continues to be driven by sectors such as technology, BFSI, and Global Capability Centres (GCCs), Mumbai remains one of India’s most active commercial real estate destinations. Volney’s latest performance reflects not only the strength of the city’s office market but also the growing importance of advisory firms in helping occupiers and investors navigate an increasingly dynamic workplace landscape.
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