India office absorption reaches 59.6M sq ft in 9M 2025: Report
NEW DELHI: India’s office market achieved a record high in absorption during the first three quarters of 2025, with gross leasing reaching 59.6 million sq ft, marking the largest volume for this period, according to a recent report from CBRE South Asia. The report indicates that technology firms, Global Capability Centres (GCCs), flexible workspace providers, and BFSI companies were the primary occupiers, collectively accounting for around 60% of total leasing. “Looking ahead, continued leasing in premium assets is projected to compress vacancies, prompting occupiers to explore peripheral locations, driven by a surge in high-grade supply,” stated Anshuman Magazine, Chairman &…
