Office Market News - Latest Updates & Headlines
Indian office REITs substantially outperformed property sector and markets in 2025: Jefferies
New Delhi, March 19: The demand for real estate investment trust (REIT) in India is rising by a combination of factors -- strong hiring by Global Capability Centres (GCCs) alongside increasing return-to-office mandates said a report by Jefferies.
NCR records 61% growth in office absorption, but net supply declined 22% in 2024: Anarock
New Delhi, March 16: The Delhi National Capital Region (NCR) office market recorded a 61 per cent year-on-year increase in net absorption, the highest among the top 7 cities, to reach 9.5 million square feet in 2024, said a report by ANAROCK.
Delhi-NCR records 61 pc growth in net office absorption, GCCs lead
New Delhi, March 13: The Delhi-National Capital Region (NCR) office market recorded a 61 per cent year-on-year increase in net absorption at 9.5 million square feet in 2024, the highest among the top seven cities, a report showed on Thursday.
India drove double-digit surge in APAC office demand in 2024, growth to continue in 2025: Report
Bengaluru, March 7: Demand for office space across Asia Pacific's (APAC) top 11 markets surged 15.9 per cent annually to 8.8 million sqm (94.7 million sq ft) in 2024, led by India, Mainland China and Japan, according to a report by real estate consultancy Colliers.
India's new office supply hits an all-time high at 515 lakh sq ft in 2024
New Delhi, Feb 27: India's office market reported the highest-ever supply in any year, as new office supply hit an all-time high in 2024 across seven major cities at 515 lakh square feet, a report showed on Thursday.
Flexible workspace sector in India reaches all-time high gross leasing volume
New Delhi, Feb 17: India's flexible workspace sector registered an all-time high gross leasing volume (GLV) of 12.4 million square feet (MSF) in 2024, a report showed on Monday.
GCC leasing surges to 31 pc of total market, Bengaluru leads
Mumbai, Feb 14: Global Capability Centres (GCCs) have leased 22.5 million square feet (mn sq ft) in 2024, accounting for 31 per cent of total leasing volumes, according to the latest office market assessment by real estate consultancy Knight Frank India.
Indian commercial office market hits record high, signals major transformation in 2025: FICCI-Colliers report
New Delhi, February 11: India's commercial office market is projected to reach new heights of 65-70 million square feet in 2025, according to FICCI-Colliers report.