India's commercial office market shows strong recovery with vacancy rates falling 210 basis points, driven by Global Capability Centre expansion and robust domestic demand across major cities.

India's office leasing market achieves 48.9 million sq ft in H1 2025, with Bengaluru leading at 18.2 million sq ft. Explore key trends in commercial real estate, flexible workspaces, and market projections for corporate occupiers and property investors across major Indian cities.

State Street’s 2.1 lakh sq ft lease in Coimbatore highlights the surge in office space demand in India’s Tier-II cities. Discover why companies are shifting to smaller cities for cost efficiency, skilled talent, and flexible work models.

India’s flex space market is booming, with pre-leasing surging as office supply falls short in metro cities, driving demand for flexible, ready-to-move solutions.

According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.