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Corporate Pre-Commitment Surges: Over 10.8 Million Sq Ft Office Space Secured in Major Cities

Real Estate Mumbai

Corporate Pre-Commitment Surges: Over 10.8 Million Sq Ft Office Space Secured in Major Cities

The corporate real estate market has seen a significant surge, with over 10.8 million square feet of office space pre-committed by companies during the October to March 2025 period. This growth is particularly notable in major cities like Mumbai and Delhi-NCR, driven by global IT/ITeS and BFSI sectors.

April 25, 2025
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India's Office Leasing Surges to 81.7 MSF in 2024, Led by IT/ITES Sectors

Real Estate Pune

India's Office Leasing Surges to 81.7 MSF in 2024, Led by IT/ITES Sectors

A joint report from CRE Matrix and CREDAI reveals that India's office leasing hit a record 81.7 million square feet (MSF) in 2024, with the IT/ITES sectors driving the majority of the demand. This significant growth underscores the robust health of the In

March 25, 2025
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India's Office Space Market Surges to 515 Lakh Sq Ft in 2024, Setting New Records

Real Estate Mumbai

India's Office Space Market Surges to 515 Lakh Sq Ft in 2024, Setting New Records

Mumbai leads the growth in new completions by 170%, while the IT-ITeS sector drives leasing activity. With demand soaring, 2025 is poised to be another year of robust growth in India's commercial real estate.

February 27, 2025
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Maharashtra Takes Steps to Formulate a Dedicated GCC Policy

Real Estate Maharashtra

Maharashtra Takes Steps to Formulate a Dedicated GCC Policy

Maharashtra is actively engaging with industry stakeholders to create a dedicated Global Capability Centre (GCC) policy. This move follows Karnataka's lead in unveiling the country’s first state GCC policy. The policy aims to attract new GCCs and foster j

October 27, 2024
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GCCs to Dominate 35% of India's Commercial Real Estate by 2024

Real Estate Mumbai

GCCs to Dominate 35% of India's Commercial Real Estate by 2024

Mumbai and Bengaluru remain key hubs, with 80% of GCCs catering to international clients, highlighting India's strategic significance in the global business landscape.

August 7, 2024
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Reviving Commercial Real Estate: The Absorption Boost

real estate news

Reviving Commercial Real Estate: The Absorption Boost

India's commercial real estate market is witnessing a significant upswing, driven by improved absorption rates and growing demand from global corporations

July 14, 2024
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