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.

Industry experts revealed that India's Real Estate Investment Trust market has achieved remarkable growth momentum, with market capitalisation surpassing the significant ₹1 lakh crore threshold through robust leasing activities and expanding investor participation.

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.

India's office leasing market targets record 90 MSF in 2025 with 23 MSF Q2 growth. Bengaluru leads with 6.4 MSF as GCCs and flex operators drive commercial real estate boom across top 7 cities.

Bengaluru commands 65% of India's GCC office leasing in FY25 with 24% overall growth. Global firms expand operations in tech capital driven by talent pool, infrastructure

India’s four listed REITs distributed ₹6,070 crore in FY25, recording 13% growth over last year. Strong leasing demand and increased NOI reflect rising investor confidence in India’s commercial real estate sector.

India’s office market is witnessing record demand, with MNCs and GCCs driving occupancy rates to decade-high levels.

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.

Indian office property net absorption is rising due to global capability centres (GCCs) and flexible spaces. India's status as a business centre is strengthened by global and local firms' rapid development.

The office leasing industry is heavily influenced by GCCs in India because to their skill and cost advantages. GCCs continue to alter India's commercial real estate market as they develop across industries.

Bengaluru office leasing is changing. Multinational firms' tech and shared service divisions, Global Capability Centres (GCCs), are gaining ground in India's commercial real estate market. In 2023, GCCs leased the most space since the start of the decade, according to Colliers.