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flag India’s office market surged in Q3 2025, with record leasing and rising rents driven by global tech demand.

flag India’s office market surged in Q3 2025, with 8.8 million sq ft leased, outpacing the broader Asia-Pacific region, where prime rents declined 1.4% annually. flag Bengaluru, Delhi-NCR, and Mumbai drove demand, projected to exceed 50 million sq ft in leasing by year-end, surpassing 2024’s record. flag Rents rose 4.3% year-on-year in top markets, led by Bengaluru’s 8.8% annual gain, despite nearly nine million sq ft of new supply. flag Vacancy rates remained moderate. flag The resilience is attributed to strong demand from global capability centers, IT services, and stable economic conditions, with Knight Frank forecasting sustained growth into 2026.

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