Office Space

With both large multinationals and fast-scaling mid-sized firms driving demand, industry experts say that flexspaces are no longer a secondary or interim choice, they are becoming the default workplace architecture for India’s GCC ecosystem.

Bengaluru leasing surge keeps South Zone leading Q3 realty sentiment: Knight Frank–NAREDCO report

The Current Sentiment Score rose to 59 in Q3 2025 from 56 in the previous quarter, marking the highest level recorded this year.

Awfis signed up with 11 GCCs in ten months for workspace, plans to launch furniture brand next quarter

Awfis is also expanding across both metros and Tier II markets, with operations in nine metros and nine Tier II cities. Ramani said growth in Tier II has been strong, though supply availability is a constraint.

WeWork India to launch GCC-focused workspace solution as demand surges

The move comes even as the global tech slowdown shows little sign of dampening demand from multinational corporations or Indian enterprises

BFSI sector doubles coworking footprint, signalling shift beyond startups

A BFSI lease can yield up to five to ten times the annual revenue of multiple startup clients combined, data shows

Prestige Group plans Rs 12,000 crore office expansion to target Rs 3,200 crore annual rental by FY28

Prestige Office Ventures' CEO Juggy Marwaha said by the end of FY27, the group is targetting 17-18 million sq ft of new office space operational, taking the total portfolio to 30 million sq ft by April 2028, with a projected annual jump of 15-20 percent in office rentals.

BMW Techworks leases 58,900 sq ft office in Bengaluru’s Whitefield

The space in the Sumadhura Capitol Towers has been leased from Simpliwork Offices Pvt Ltd for Rs 1.04 crore a month

GCC leasing to grow 15–20% in next two years: Colliers

Bengaluru and Hyderabad have emerged as GCC hubs, driving about 60 percent of the demand between 2021 and 2025

Property developers ramp up on rentals as demand for offices, malls and data centres soars

With occupancies near full, institutional investment rising and REIT adoption growing, developers and analysts expect annuity based income to expand further.

At 1.4 million sq ft, TCS inks one of India’s largest office lease deals of 2025

The transaction comes at a time when Bengaluru’s office absorption - or the net change in occupied office space - is seeing growth after a muted 2023–24.

Brigade Enterprises to develop office, 5-star hotel on 7-acre OMR site in Chennai

The project is designed to meet the growing demand for premium commercial infrastructure and hospitality in Chennai’s IT and innovation hub.

Balajadia Family Office to invest $100 million with DRA Group in Indian commercial, retail projects

The Phase 1 real estate portfolio will comprise the development of one million sq ft of Grade-A commercial assets across Chennai and Bengaluru. DRA Group claims it is a first-of-its-kind partnership in India’s real estate space with a Filipino investor group.

India set to become fourth-largest office market as stocks nears 1 billion sq ft

Cumulative office stock across top eight Indian cities stood at 993 million sq ft in the first half of 2025

Mindspace REIT acquires Q-City in Hyderabad for Rs 512 crore

The acquisition will take the REIT's Hyderabad holdings to 16 million square feet, and total portfolio to 37.9 million square feet.

Bengaluru-based Sattva Group to invest Rs 1,500 crore to develop 30-acre mixed-use project in Vizag

Once operational, the campus is expected to generate over 25,000 direct employment opportunities, catalysing Vizag's socio-economic transformation.

Shop-cum-office complexes the new trend in Delhi-NCR realty market

SCOs generally include high streets, hypermarkets, offices, retail units, co-working spaces, restaurants, cafes and the like. Since these hybrid structures seamlessly blend retail, office spaces, recreational facilities, and food zones, they are a highly sought-after investment option.

Sunny Leone buys 1905 sqft office space in Oshiwara Mumbai for Rs 8 crore

Karenjit Kaur Weber, popularly known as Sunny Leone, has purchased an office space in Oshiwara, Mumbai, for Rs. 8 crore. The transaction was registered in February 2025, as confirmed by property registration documents on the Inspector General of Registration (IGR) Maharashtra website.

New office space supply falls 6% to 451.5 lakh sq ft across top 8 cities in 2024: Report

New supply declined in Delhi-NCR, Pune, Chennai, Hyderabad, Kolkata and Ahmedabad, while it jumped in Mumbai and rose marginally in Bengaluru

Office net absorption grows 18% to nearly 50 million sq ft in 2024; vacancy drops slightly amid tech recovery

Led by leasing from companies setting up large-scale global capability centres in cities like Bengaluru, Delhi NCR, Pune, and Hyderabad, tech companies made a partial recovery in terms of sectoral demand while demand from flex space operators rose sharply.

Kamal Amrohi Studios, site of Pakeezah shooting, will house one of the city's biggest offices

Bengaluru-based real estate and alternate assets firm RMZ and CPPIB are investing around $750 million to set up RMZ Nexus, an office space located on the site of what used to be Kamal Amrohi Studios

Delhi-NCR 6th most expensive office market in Asia Pacific with monthly rent of Rs 340/sq ft: Knight Frank

The prime office rent of Mumbai was recorded at Rs 317 per sq a month and stood at the 8th most expensive commercial market in the APAC region

BFSI sector dominates commercial real estate demand in India, Mumbai ranks on top

Mumbai accounts for approximately 44 percent of the total space occupied by domestic financial organisations.

Ajay Devgn leases out Mumbai office space for Rs 7 lakh per month

The property has been leased by Kabir Khan Entertainment LLP, according to the documents. The lease is for a period of five years, secured with a deposit of Rs 30 lakh.

NBCC sells entire office and commercial inventory at WTC and Downtown for Rs 14,800 crore

NBCC through multiple auctions has sold entire office space measuring 32.88 lakh sqft, valuing Rs 13,408.7 crore at WTC, Nauroji Nagar, New Delhi. Similarly, the NBCC has successfully sold the entire commercial and retail inventory of 3.64 lakh sqft valuing approximately Rs 1,391 crore at Downtown in Sarojini Nagar.