India's Office Leasing Hits Record High in 2025 Driven by GCC Demand
22 hours agoBusiness
29LENS
11 SourcesBangalore, India
TBNthebalanced.news
India's Office Leasing Hits Record High in 2025 Driven by GCC Demand

India's office market achieved record leasing volumes in 2025, with total transactions reaching 86.4 million sq ft, a 20% year-on-year increase, according to reports from Knight Frank and CBRE. Global Capability Centres (GCCs) were the primary drivers, accounting for approximately 38% of the leasing activity. Bengaluru led as the largest office market, followed by cities like Hyderabad, Delhi-NCR, Pune, and Chennai, all surpassing 10 million sq ft. This surge signifies sustained occupier demand and India's growing importance as a global business destination.

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