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.

Qatar National Bank has renewed its premium Bandra Kurla Complex office lease for ₹62.6 lakh monthly, achieving one of India's highest commercial rental rates at ₹775 per square foot, reinforcing BKC's position as Mumbai's premier business district.

Smartworks Coworking Spaces has signed India's largest flexible office lease, securing 8.15 lakh square feet at Hiranandani Group's Eastbridge development in Vikhroli West, Mumbai, with operations set to commence in Q4 2026.

Adani Realty and Marathon Nextgen have joined forces for a ₹3,400 crore commercial development in Byculla, marking a strategic expansion in Mumbai's Central business district with 1.2 million sq ft of Grade-A office and retail space.

Adani Realty and Marathon Nextgen Realty announced a joint venture in October 2025 to develop Monte South Commercial in Mumbai's Byculla, a ₹3,400 crore mixed-use project featuring 1.2 million sq ft of premium office and retail space.

House of Hiranandani announces ₹500 crore investment in a premium commercial tower offering 4 lakh sq ft of Grade-A office space in Mumbai's Andheri East, targeting construction within 3-6 months.

Credit ratings firm CRISIL has relocated its Mumbai headquarters from Powai to Andheri East's Lightbridge IT Park, signing a 15-year lease worth approximately ₹597 crore for 2.5 lakh square feet of premium office space.

Mumbai has secured the top position in India's residential property market during Q3 2025 with 24,706 home sales while office rental rates for Grade A spaces climbed 11% year-on-year, reinforcing the city's status as the nation's premier real estate destination.

Crisil Ltd has entered into a landmark 15-year lease agreement worth approximately ₹600 crore for over 250,000 sq ft of premium office space at Hiranandani's Lightbridge tower in Saki Vihar, Mumbai, marking one of the city's largest single-tenant commercial deals this year.

Raheja Universal (Pvt) Ltd. has reacquired its former corporate headquarters, Raheja Centre-Point, situated on CST Road in the prime commercial district near BKC, for ₹211 crore on 10th September 2025

Market experts reveal that Navi Mumbai has transformed from a satellite city into a significant commercial hub, capturing nearly 20% of the Mumbai Metropolitan Region's total office supply with its current inventory of 23.8 million square feet of Grade-A office space.

Dow India signs ₹250 crore, 10-year lease for 256,000 sq ft at Mindspace SEZ, Navi Mumbai. Deal highlights rising corporate demand for Grade A office spaces in MMR.

Brookfield Asset Management strengthened its Mumbai BKC footprint by acquiring Jet Airways' office floor for ₹370.25 crore, consolidating control over 250,000 sq ft across three contiguous floors in the premium Godrej BKC tower.

JP Morgan finalizes India's largest office lease deal securing 116210 sq ft in BKC Mumbai for ₹2500 cr over 25 years. Monthly rent ₹6.91 cr with 15% escalations every 3 years.

Dharavi redevelopment will include dedicated commercial business district on 600-acre prime land in Mumbai. Grade-A offices, retail spaces & employment hub planned in ₹96,000 crore project by Adani Group.