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Indian office markets saw strong 2025 demand, rising rents, and high-quality space demand despite global challenges.
India’s top office markets saw strong demand in the first nine months of 2025, with net absorption reaching 42 million sq.
ft.—a 34% increase from 2024—despite global challenges.
Rental rates rose 6% to Rs 90 per sq.
ft., vacancy rates dipped slightly to 16.2%, and Pune led in growth with a 97% surge in absorption.
The IT/ITeS sector remained the top driver at 27%, followed by coworking at 23% and BFSI at 18%, while Global Capability Centers accounted for over 40% of gross leasing.
Bengaluru, Pune, and Chennai led in GCC activity, and demand for high-quality, sustainable Grade A spaces persisted amid hybrid work trends.
Los mercados de oficinas indios vieron una fuerte demanda en 2025, alquileres en aumento y demanda de espacio de alta calidad a pesar de los desafíos globales.