India's office market recorded 19.69 million sq ft absorption in Q3 2025, marking 6% YoY growth, with Bengaluru, NCR, and Mumbai leading the commercial real estate expansion driven by GCCs, BFSI sector, and flexible workspace operators.

Bengaluru-based Sattva Group has partnered with Innovalus to launch GCCBase, an integrated platform designed to streamline the establishment and expansion of Global Capability Centres for multinational companies across India, targeting technology, BFSI, healthcare, and engineering sectors.

Chennai's commercial real estate market is experiencing its strongest year ever, with office leasing reaching a 20-year high of 5.2 million square feet year-to-date, driven by multinational expansion and surging demand from technology and BFSI sectors.

Industry experts report Delhi's real estate sector is witnessing remarkable revival across commercial office, retail, and residential markets, attributed to supportive government policies and growing investor confidence.

India's six premier office markets achieved unprecedented 65 million sq ft leasing volumes in FY2025, marking 14% growth driven by GCCs, BFSI sector, and flexible workspace operators across Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai, and Pune.

Industry experts report that Ahmedabad's office space market has entered a significant transformation phase, with banking, financial services, and insurance (BFSI) sector demand creating a decisive shift toward landlord-favorable conditions.

A leading global technology services company has established a cutting-edge ₹32 crore TechFin development center at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, creating over 1,000 employment opportunities and strengthening India's position as a premier fintech innovation hub.

Office space leasing in India's top six cities rose 19% to 29.4 million square feet in the first half of 2024. Mumbai and Hyderabad quadrupled office space absorption, with Bengaluru leading at 8.8 million sq ft.

Bank of America (BofA) has acquired 1.1 million square feet of Chennai office space in a major move. This sale is BofA's biggest office space transaction of 2023 and one of its largest captive centres outside the US. The DLF Downtown, Taramani site is for the bank's Indian back office.

In a significant real estate move, the National Securities Depository Limited (NSDL) has secured a sprawling 68,000 sqft office space in Mumbai's prestigious Bandra-Kurla Complex. The deal, worth an estimated Rs 198 crore, was inked with IDFC First Bank.