India's office leasing market continues to surge despite global uncertainties, driven by competitive fitout costs averaging just USD 75 per sq ft and growing demand from GCCs seeking world-class workplaces with sustainability features.

Discover the future of commercial real estate in India with insights on smart cities, tier 2 city growth, sustainable buildings, and mixed-use developments. Expert analysis of trends, opportunities, and strategic investments shaping India's commercial property landscape.

Discover how India’s real estate sector is embracing green building practices, energy-efficient technologies, and clean energy to help the country reach its net-zero emissions target by 2070.

Corporate India is experiencing an unprecedented surge in pre-leasing activity for premium carbon-neutral office spaces as demand significantly outpaces supply. 2024 has already seen a record 89 million square feet leased across India's top eight cities.

The most Indian Green Building Council (IGBC)-registered projects are in Maharashtra, followed by Uttar Pradesh and Gujarat. Over 7,000 IGBC-certified projects encompass 1,370 million square feet of built-up area in India, demonstrating its dedication to sustainability.

SEBI's obligatory sustainability reporting has expedited green building uptake by occupiers, investors, and developers. This legislative focus is changing India's real estate environment, especially green-certified office leasing.

Due to decarbonisation ambitions, more Indian enterprises are prioritising eco-friendly commercial real estate. Green office space demand is outpacing supply in India's key property markets, signalling a new age of corporate environmental conscience.

A CBRE-CII research, ‘Indian Real Estate: Taking Giant Strides – 2023 Mid-Year Outlook,’ was released during the CII Realty 2023 conference. It highlights the sector's tremendous progress.

Sustainability is becoming a key criteria in most Indian office property transactions, whether for purchase or leasing.