real estate news
India's Office Real Estate Market Surges with Robust Leasing in Top Cities
India's office real estate market has shown significant growth, with gross leasing volume reaching 21.4 million square feet in Q2 2025. This trend is driven by strong demand from global and domestic occupiers, including Global Capability Centres (GCCs), IT-BPM firms, and BFSI companies.
real estate news
GCCs Lead Office Market with 42% Absorption in FY25, Fortune 500 Companies Dominate
According to data from real estate consultancy Vestian, Global Capability Centres (GCCs) accounted for 42% of office space absorption in FY25, with Fortune 500 companies leading the charge.
real estate news
Top Seven Cities Absorb 17.9 Million Sq Ft of Office Space in Q1 2025, Led by Bengaluru
In the first quarter of 2025, the top seven cities in India absorbed a significant 17.9 million square feet of office space, with Bengaluru leading the pack. This surge in demand reflects a robust recovery in the commercial real estate sector.
Real Estate Pune
Pune's Office Market Surges with Record 2.07 Million Sq Ft Absorption in Q1 2025
The office real estate market in Pune witnessed an unprecedented growth in the first quarter of 2025, with net absorption reaching a historic 2.07 million sq ft. This significant milestone underscores the city's growing appeal as a prime business destination.
Real Estate Pune
Office Leasing Surges by 54% in Q1 2023: JLL India Report
Net absorption of office space in top Indian cities witnessed a significant 54% increase in the first quarter of 2023, according to a report by real estate consultancy JLL India. This surge highlights the robust recovery of the commercial real estate market.
Real Estate
Global Capability Centres to Drive 40% of Office Space Absorption by 2025
A recent report by CBRE, a leading real estate consultancy, predicts that Global Capability Centres (GCCs) will account for approximately 40% of office space absorption in India by 2025. The technology sector is expected to be the primary driver of this demand.