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India’s office leasing hit a record 59.6 million sq ft in Jan–Sep 2025, led by tech firms and global capability centers.
India’s office leasing market hit a record 59.6 million square feet absorbed from January to September 2025, driven by technology firms and global capability centers (GCCs), which accounted for nearly 40% of demand.
Bengaluru led with 15.1 million square feet, followed by Mumbai and Delhi-NCR.
GCC activity was concentrated in Bengaluru, Pune, and Delhi-NCR, which together captured 67% of take-up.
Flexible space operators and financial services made up about 60% of leasing.
A 10% year-on-year rise in supply, led by Pune, Bengaluru, and Delhi-NCR, met strong demand for high-quality spaces, pushing vacancy compression and spurring interest in peripheral areas.
CBRE expects GCCs to remain a key driver, accounting for 35-40% of demand in 2025, with growing participation from EMEA and APAC firms.
El arrendamiento de oficinas en la India alcanzó un récord de 59.6 millones de pies cuadrados en enero-septiembre de 2025, liderado por empresas tecnológicas y centros de capacidad global.