Archive · 23 Aug 2025
India Office Leasing Surges 40% in H1 2025
In the first half of 2025, India's office space market grew significantly.
Leasing, which is when companies rent office space, increased by 40%.
Bengaluru and Pune saw the most growth, with Pune's growth being particularly strong.
New office space also increased.
Average rent for office space increased slightly.
The IT sector and co-working spaces were key drivers.
India's office leasing jumped 40% in H1 2025, reaching 26.8 million sq ft.
Bengaluru led with 64% growth, absorbing 6.55 million sq ft of office space.
Pune saw the highest growth, surging 188% in office absorption.
New office supply increased by 25% to 24.51 million sq ft in H1 2025.
Average office rentals rose 4% to INR 88 per sq ft per month.
- Who
- Commercial real estate sector
- What
- India's office leasing market experienced a 40% surge in H1 2025.
- When
- H1 2025
- Where
- India
- Why
- Global Capability Centre expansion and sustained corporate confidence
Market Overview
City Performance
Geographic Performance
Market Overview
Focus on overall market growth.
City Performance
Focus on individual city performance.
- Net Office Leasing (H1 2025)
- 26.8 million sq ft
- Year-on-Year Growth
- 40%
- Leading City (Absorption)
- Bengaluru
- Bengaluru Growth
- 64%
- Fastest Growing City
- Pune
- Pune Growth
- 188%
- Average Rentals
- INR 88/sq ft/month
