Corporate, GCC Expansion Propels India's Office Market to New 2025 Peak

Business
M
Moneycontrol•05-01-2026, 12:02
Corporate, GCC Expansion Propels India's Office Market to New 2025 Peak
- •India's office real estate market recorded a record 61.4 million square feet (msf) net absorption in 2025, a 25% jump from the previous year.
- •Growth was driven by renewed corporate expansion and sustained demand from GCCs and technology firms, as per Cushman & Wakefield.
- •Bengaluru and Delhi-NCR led the surge, accounting for over 40% of total absorption, with Chennai and Delhi-NCR showing the sharpest YoY growth.
- •Robust Gross Leasing Volume (89 msf) and record supply additions (53 msf) supported the market, indicating strong activity.
- •GCC expansion contributed nearly one-third of total leasing, solidifying India's position as a global office market leader due to talent and infrastructure.
Why It Matters: India's office market achieved record growth in 2025, fueled by corporate and GCC expansion, solidifying its global leadership.
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