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CREDAI Reports Reveal India's Office Leasing Market Witnesses Significant Recovery as GCC Boom Drives Down Vacancy Rates

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.

By Admin

  • 31st Aug 2025
  • 1169 Views
Abhishek Kapoor Appointed Chief Executive Officer of My Home Constructions with Immediate Effect, Bringing Strategic Vision for Multi-City Expansion

My Home Constructions appoints Abhishek Kapoor as CEO, bringing 20+ years experience from Puravankara turnaround to drive expansion in Bengaluru, Chennai, and Mumbai markets.

By Admin

  • 27th Aug 2025
  • 1394 Views
Tech Giant Finalizes Massive 2.64 Lakh Square Feet Office Deal at Gachibowli's Premium Financial District

Microsoft India secures one of Hyderabad's largest 2025 office lease deals, acquiring 264,000 sq ft at Phoenix Centaurus for ₹5.4 crore monthly, reinforcing the tech giant's expansion in India's IT capital.

By Admin

  • 25th Aug 2025
  • 1263 Views
India's Six Major Cities Report Record-Breaking 65 Million Sq Ft Office Space Absorption in FY2025

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.

By Admin

  • 8th Aug 2025
  • 1204 Views
Bengaluru Leads India Office Market with 4.8 Million Sq Ft Leasing | Commercial Real Estate Growth

Bengaluru dominates India office market with 27% share and 4.8 million sq ft leasing. Hyderabad, Mumbai, Chennai show strong growth. Office demand expected to reach 65-70 million sq ft annually.

By Admin

  • 1st Jul 2025
  • 1231 Views
TCS Expands in Hyderabad with Massive Lease at Paradigm Rajapushpa

TCS takes 10.18 lakh sq ft in Hyderabad’s IT hub for ₹4.3 crore per month, signaling bullish confidence in the city's commercial market.

By Admin

  • 8th May 2025
  • 1400 Views
Top 7 Cities in India Offer 526 Million Sq Ft of REIT-Worthy Office Space, Valued at INR 4.5 Lakh Crore

India’s top seven cities hold 526.3 million sq ft of rent-yielding office space worth ₹4.5 lakh crore, eligible for REIT inclusion and stock exchange listing, according to Vestian.

By Admin

  • 7th Dec 2024
  • 1738 Views
Office Leasing in Top 6 Indian Cities Surges by 19% in H1 2024

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.

By Admin

  • 27th Jun 2024
  • 1456 Views
Expansive Growth Awaits India's REIT Office Market A Lucrative Future Envisioned

The Indian real estate investment trust (REIT) market is on the brink of a monumental expansion, poised to redefine the landscape of office real estate.

By Admin

  • 19th Feb 2024
  • 1405 Views
Prime Office Space Rentals in India Witness 7 Per Cent Increase in First Half of FY24

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

By Admin

  • 8th Dec 2023
  • 1412 Views
Indian Office Space Sector Set for Remarkable Growth - 165 Million Sq Ft Supply Expected by 2025

Despite global economic uncertainty, the Indian office space market is expected to grow significantly between 2023 and 2025. According to CBRE, developers are confident about adding over 165 million sq. ft. of office space by 2025, exceeding the 142 million constructed in the preceding three years.

By Admin

  • 16th Oct 2023
  • 1488 Views
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