Archive · 15 Sep 2025
India's Office Market Thrives, Bengaluru Leads Surge
India is a major player in the Asia-Pacific office market, responsible for a large portion of the region's demand.
Bengaluru is experiencing a significant surge, with developers building new office spaces.
These new offices are strategically located near metro stations for convenient travel.
Additionally, developers are investing in infrastructure improvements.
The government is also supporting the expansion by promoting new revenue-sharing models.
Prestige Group is also expanding into various areas, including residential, retail, and data centers.
India accounts for 70% of Asia-Pacific's office demand.
Bengaluru, Hyderabad, Gurgaon, and Chennai are key growth cities for office spaces.
Developers are prioritizing transit-oriented office spaces near metro stations.
Developers are investing in infrastructure improvements.
New land tokenization models are being adopted for development.
- Who
- India's office market and developers like Prestige Group
- What
- Significant expansion of office spaces, with Bengaluru at the forefront
- When
- Ongoing
- Where
- Primarily in India; Bengaluru, Hyderabad, Gurgaon, Chennai
- Why
- Driven by factors like GCCs, transit-oriented development, and government support
Landowner Perspective
Developer Perspective
Revenue Generation
Landowner Perspective
Previously, landowners would often resist development to avoid losing control of their land.
Developer Perspective
The new model allows landowners to earn revenue as equity holders in projects, promoting more cooperation with developers.
- India's Office Market Size
- 1.1 billion sq. ft
- Asia-Pacific Office Demand
- India commands 70%
- Leading Indian Cities
- Bengaluru, Hyderabad, Gurgaon, Chennai
- Transit Focus
- Offices within 2 km of metro stations
- Developer Investment
- Mobility solutions, new-age assets, and infrastructure
- Developer
- Prestige Group