Office leasing crosses 83 million sq ft in 2025, up 7.8% YoY, led by Bengaluru, Mumbai and Hyderabad

India’s office real estate market crossed 83.3 million sq ft (msf) of gross leasing in 2025, marking a 7.8% year-on-year increase from 77.2 million sq ft in 2024, led by Bengaluru, Delhi-NCR, Hyderabad and Mumbai, according to a JLL report. Delhi-NCR was the only city to record a decline in commercial leasing, slipping 1.6% year-on-year. […]

Office leasing hits record 86.4 million sq ft in 2025; Bengaluru leads with 28.7 million sq ft

India’s office real estate market recorded gross leasing of 86.4 million sq ft (msf) in 2025, up 20% from 71.9 million sq ft in 2024, surpassing the previous peak, and rents grew between 1% and 16% year-on-year. Bengaluru retained its position as the country’s largest office market, with 28.7 million sq ft leased, of which […]

Net office leasing in top 8 cities up 25%, crosses 61 mn sq ft in 2025, led by Chennai and Delhi-NCR

India’s office real estate segment recorded a net absorption of 61.4 million sq ft (msf), a 25% year-over-year increase across the top eight cities. Net office leasing increased in Bengaluru, Hyderabad, Pune, Delhi-NCR, and Chennai, while it declined in Mumbai, Kolkata, and Ahmedabad. India’s office market saw net absorption of 61.4 msf in 2025, up […]

Bengaluru, NCR, and Mumbai drive India’s office demand as absorption almost touches 20 mn sq ft in Q3 2025

India’s office real estate sector recorded 19.69 million sq ft of absorption in Q3 2025, a 6% year-on-year and 5% quarter-on-quarter rise, according to a report by Vestian. The demand was led by Bengaluru, National Capital Region (NCR), and Mumbai, driven largely by expansions of Global Capability Centres (GCCs), the growing footprint of BFSI firms, […]