Industry experts report that Ahmedabad's office space market has entered a significant transformation phase, with banking, financial services, and insurance (BFSI) sector demand creating a decisive shift toward landlord-favorable conditions.

Commercial office rentals in India’s top cities have grown significantly from 2022 to 2025, with Mumbai seeing a 28% rise and Hyderabad 24.1%. Anarock reports strong demand from US firms and a return to premium workspaces.

IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant

First Bank Leases Goregaon Premium Office Space Mumbai: IDFC First Bank has leased an office space at Göegaon's Oberoi Commerz III tower spread across 4 floors. Under the five-year leasing arrangement, the bank would pay ₹170 crore in rent.

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.