Bengaluru Office Rents Set to Climb by 5-7% in 2025, Driven by IT and AI Demand
The demand from the IT sector and AI research labs is expected to push Bengaluru’s office rentals up by 5-7% in 2025. The Executive Centre, a flexible workspace provider, is bullish on expansion in Whitefield and is exploring opportunities in north Bengal
BengaluruOffice RentsIt SectorAi ResearchFlex SpacesReal EstateFeb 05, 2025
This optimistic forecast was shared by Manish Khedia, Managing Director of The Executive Centre, a flexible workspace provider based in Hong Kong.
While Bengaluru has seen significant interest from global capability centres (GCCs) in the past year, the focus is now shifting towards the IT sector and AI research labs.
Frequently Asked Questions
What is the expected increase in office rentals in Bengaluru by 2025?
The office rentals in Bengaluru are expected to increase by 5-7% in 2025, driven by the IT sector and AI research labs.
Which sectors are driving the demand for flex spaces in Bengaluru?
The IT sector, AI research labs, online gaming startups, and pharmaceutical companies are driving the demand for flex spaces in Bengaluru.
How has the supply and demand mismatch affected flex office space rentals in Bengaluru?
The mismatch between supply and demand has led to a 20% increase in flex office space rentals in prime central business district areas in Bengaluru over the past year.
What is the current range of flex office space rent in Bengaluru?
The current rent for flex office spaces in Bengaluru ranges from ₹6,000 to ₹40,000 per seat, with Grade A developers offering seats between ₹15,000 to ₹50,000 per seat.
What are The Executive Centre's expansion plans in Bengaluru?
The Executive Centre plans to add over 50 lakh square feet of flex space to its portfolio by 2025 and is particularly bullish on expansion in Whitefield and north Bengaluru.
Related News Articles
MahaRERA Makes Real Estate Developers Accountable: New Rules for Amenities and Occupancy Certificates
MahaRERA has made it mandatory for real estate developers to specify the exact date of delivery of facilities and amenities, as well as the expected date of obtaining the occupation certificate (OC).
Axis-Tishman Speyer's Real Estate Fund Acquires 1.5 Acre Land in Chennai Fintech City
Axis Commercial Real Estate Fund acquires 1.5 acre land parcel in Chennai Fintech City to develop 4 lakh sq ft Grade A office building.
Celebrating Goan Culture in Mumbai: Festa de Goa
Get a taste of Goa in Mumbai at the Festa de Goa, a cultural festival celebrating the rich heritage of Goa. The event will feature discussions, performances, and exhibitions showcasing the best of Goan art, literature, and music.
Luxury 900 sq yd Bungalow in Sunder Nagar, Delhi, Sells for ₹96 Crore; CBRE Facilitates High-End Deal
A 900 square yard bungalow in the prestigious Sunder Nagar area of Delhi has been sold for nearly ₹96 crore. Real estate consultant CBRE facilitated the transaction, reflecting the growing demand for luxury properties in the national capital.
Retiring in 2025? A Comprehensive Guide for Americans on Healthcare, Housing, and Income Needs
If you're planning to retire in 2025, comprehensive planning is essential to ensure financial security and peace of mind. According to the U.S. News, retirees face unique challenges in healthcare, housing, and income management. This guide will help you n
Sundaram Alternates Raises Rs 1,000 Crore for Real Estate Credit Fund
Sundaram Alternates, a prominent alternative investment firm, has successfully raised Rs 1,000 crore in commitments for its latest real estate credit fund. This marks the fourth successful fundraiser for the company under its real estate strategy.