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.

Real Estate Investment Trusts have captured 13% of India's Grade-A office stock while delivering impressive 15% capital appreciation, signaling strong investor confidence in professionally managed commercial properties.

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.

A senior official at Bhive Workspaces, a top provider of managed office spaces, has announced plans for an IPO valued over ₹800 crore in the coming year. Before the IPO, Bhive wants to diversify its portfolio by lowering its 95% reliance on Bengaluru.

Bengaluru has become India's largest and most important office market, surpassing all other cities. In June 2024, the city's office space exceeded 223 million sq ft, up from 100 million in 2013. It has the most office space in India. This brief report from Ghar.tv highlights critical points.