Synopsis: Indian office space market has reached a record high for the first 9 months with a total of 59.6 million sq. ft leased. Office leasing in India has tremendous demand from the technology industry, BFSI, and GCCs and has high scope of future growth.

India commercial real estate recovers remarkably after 2023-24, office leasing crossing 59.6 million sq. ft. in in first 9 months led by the revival in tech, GCCs, and flexible office players focusing on key cities.

National Snapshot: India’s Office Leasing Landscape (2025)

Total volume overall: Anticipated over 130 million sq. ft. for the year 2025.

Year-on-year growth: About 15-18% for major metros.

Key sectors stimulating demand: BFSI, manufacturing, startups, GCCs, and IT.

2025 will witness a definitive move towards end-u

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