Archive · 23 Jul 2026
India's Office Demand Hits 48 Mn Sq Ft
India's real estate market is facing some challenges from global issues like geopolitical tensions and inflation.
However, the office market is doing well with strong demand and stable rents.
The residential market is also stable, though there is some caution.
Overall, the market is holding steady despite these challenges.
India's real estate sentiment held steady at a neutral threshold in Q2 2026.
Office leasing demand reached 48 million square feet in H1 2026.
Residential sales grew by 1% year-on-year in H1 2026.
Capital sentiment improved among non-developer stakeholders.
Geopolitical tensions and inflation are causing pessimism in the market.
- Who
- Knight Frank India, NAREDCO, Shishir Baijal, Shri Parveen Jain
- What
- India's real estate sentiment and market performance
- When
- Q2 2026 (April-June 2026)
- Where
- India
- Why
- To assess the impact of global headwinds on India's real estate market
Optimistic View
Pessimistic View
Market Stability
Optimistic View
The office market remains strong with resilient leasing demand and firm rents.
Pessimistic View
External pressures like geopolitical tensions and inflation are causing pessimism.
Residential Market
Optimistic View
The residential market is in a mature consolidation phase with stable prices.
Pessimistic View
There is caution and moderated pessimism about weaker demand.
Capital Sentiment
Optimistic View
Capital availability outlook is improving with positive shifts in sentiment.
Pessimistic View
Some regions remain cautious due to evolving economic conditions.
- Future Sentiment Score
- 50
- Current Sentiment Score
- 48
- Office Leasing Demand
- 48 million square feet in H1 2026
- Residential Sales Growth
- 1% year-on-year in H1 2026
- Capital Sentiment
- 53 for non-developer stakeholders, 51 for developers