India’s three major office markets, Bengaluru , Delhi-NCR and Mumbai, have seen an average 4.3% annual growth in rentals of prime workspaces during the July-September period, according to Knight Frank . Real estate consultant Knight Frank mentioned in its latest report that the office space leasing in Bengaluru, Delhi-NCR and Mumbai together is expected to touch 50 million sq ft in the 2025 calendar year, surpassing the previous record of 41 million sq ft set in 2024.

“The surge is fuelled by sustained leasing commitments from Global Capability Centres (GCCs) and a revival in third-party IT services, highlighting India’s attractiveness as a global business hub,” it added. On rentals, Knight Frank said prime office rents increased 4.3% year-on-year (Y-o-Y) on average across the three

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