IBM India has leased 161,884 square feet of premium office space at Embassy Golflinks Business Park in Bengaluru for ₹2.4 crore monthly rent under a five-year agreement, marking one of the year's largest commercial real estate transactions and reinforcing sustained demand for large-format offices.

Applied Materials secures 8.06 lakh sq ft office space in Bengaluru's Whitefield through decade-long ₹855 crore lease, marking one of the city's largest commercial real estate transactions.

BlackRock negotiates 1 million sq ft office lease in Delhi NCR with DLF & Bharti Real Estate. Major expansion in Gurgaon Downtown & Aerocity Worldmark projects signals confidence in India's commercial real estate market.

American financial services giant State Street Corporate Services has secured a landmark 10-year lease for 2.1 lakh sq ft in Coimbatore's IndiaLand Tech Park, highlighting the growing corporate interest in tier-2 Indian cities.

ExxonMobil renews its 5.3 lakh sq ft Bengaluru office lease for ₹2.60 crore monthly, signaling continued commitment to India's tech hub. The five-year deal at Embassy Manyata Business Park reflects strong confidence in India's commercial real estate market.

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.

Amazon, Cognizant, IBM, Accenture, and McKinsey are renewing leases in India's office space market, which is booming. Bangalore led the list of cities where major firms renewed office space, with 1.6 million square feet renewed between January and July 2024.

WeWork India leased 140,000 square feet of office space in Bengaluru and Noida to accommodate flexible workspace demand. Their portfolio will grow by 2,400 seats with these additional offices opening between September and October.

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.

Indian Multinational IT Company Mindtree, Has Preleased 6 Lakh Square Feet Office space at L&T Future IT Park in Chennai