India's office real estate market saw record net absorption in 2025, reaching 55.16 million sq ft across seven major cities, a 10% year-on-year increase. Global Capability Centers (GCCs) drove demand, accounting for 41% of gross leasing. Bengaluru led in absorption but saw a slight decline, while Pune experienced significant growth. New office completions also rose, with Bengaluru and Pune adding substantial new supply. Despite some headwinds, the market shows sustained occupier confidence and positive outlook.