Archive · 27 Jan 2026
Global firms drive India's office and retail demand in 2025
In 2025, big companies from around the world wanted more office space in India, renting almost 60% of the offices in seven big cities.
At the same time, the leasing of retail spaces in malls and high streets went up by 54% because there was more space available and many retailers wanted to open new stores.
Delhi-NCR was the most popular city for retail leasing, while Mumbai had the least.
A company called JLL India shared this information.
Many new foreign brands also entered India during this year.
Global companies leased 58% of office spaces in India's seven major cities in 2025.
Retail space leasing in malls and high streets rose by 54% in 2025 due to better supply and strong demand.
Delhi-NCR had the highest retail leasing at 3.02 million square feet, followed by Bengaluru and Hyderabad.
Mumbai ranked last among the leading Indian metros for retail leasing with 2.1 million square feet.
29 new foreign brands entered India in 2025, the highest in the past five years.
- Who
- Global companies and domestic retailers
- What
- Leased 58% of office spaces and saw a 54% rise in retail space leasing in India's seven major cities
- When
- 2025
- Where
- India's seven major cities
- Why
- To expand their businesses and due to better supply and strong demand
- Percentage of office spaces leased by global firms
- 58%
- Major cities involved
- Seven major cities in India
- Source of information
- JLL India
- Gross leasing volume of retail space in 2025
- 12.5 million square feet
- Percentage of retail leasing in malls
- 45%
- Percentage of retail leasing in high streets
- 48%
- Top city for retail leasing in 2025
- Delhi-NCR
- City with the least retail leasing in 2025
- Mumbai
- New foreign brands entering India in 2025
- 29
- Total retail space in malls across top seven cities by end of 2025
- 92 million square feet