Archive · 2 Oct 2025
Office Space Leasing Surges in Major Indian Cities
Businesses in India are renting more office space.
In cities like Delhi, Mumbai, and others, the amount of rented office space has increased significantly between July and September.
Overall, the eight major cities saw a 35% increase in office space rented compared to the same time last year.
This growth shows companies are doing well and need more space.
Many are also choosing new, high-quality office buildings.
This trend is fueled by the growth of global companies, startups, and other industries.
Net leasing of office space across eight major cities rose 35% in Q3 2025.
Delhi-NCR saw a 2.5 times increase in net leasing during Q3 2025.
The Indian office sector is demonstrating structural strength and is in an expansionary cycle.
Nearly 80% of the new office space supply in Q3 was Grade-A assets.
The market is on track to surpass last year's record for annual net absorption.
- Who
- Corporates and businesses
- What
- Increased leasing of office spaces
- When
- July-September 2025 (Q3)
- Where
- Major cities in India (Delhi-NCR, Mumbai, Pune, etc.)
- Why
- Driven by expansion, GCCs, startups, and demand for quality workspaces
Slowing Economy
Growing Economy
Business outlook
Slowing Economy
Uncertainty in the market
Growing Economy
Expansion cycle for the Indian Office sector
- Key Metric
- Net Leasing of Office Space
- Q3 2025 Net Leasing (8 Cities)
- 16.25 million sq ft
- Q3 2024 Net Leasing (8 Cities)
- 12.08 million sq ft
- Delhi-NCR Q3 2025 Growth
- 2.5x increase
- 2025 YTD Net Absorption
- 44.3 million sq ft