The office leasing market in India witnessed a significant surge in the first quarter of 2025, with Delhi NCR and Bengaluru leading the charge. Flex space leasing also saw a notable 22% increase, reflecting the evolving trends in the office market.
Office LeasingFlex SpaceReal EstateDelhi NcrBengaluruReal Estate PuneMar 29, 2025
Delhi NCR and Bengaluru are the leading cities in the Indian office leasing market, accounting for a significant portion of the total leasing deals in Q1 2025.
Flex space leasing saw a 22% increase in the first quarter of 2025, reflecting the growing demand for flexible and agile workspaces.
The demand for office spaces in Delhi NCR and Bengaluru is driven by the availability of high-quality facilities, a skilled workforce, and favorable business environments, along with government initiatives to improve infrastructure.
Challenges in the office leasing market include competition for high-quality spaces, rising rental costs, and the need to balance work-life requirements.
The outlook for the office leasing market remains positive, with experts predicting sustained growth driven by adaptability and innovation in the market.
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