India is set to account for around 40% of Grade-A office supply in the Asia Pacific region by 2026, as per a report by CBRE South Asia Pvt. Ltd. The office supply in the APAC region is projected to hit a record 61.3 million sq. ft. in 2026, marking a 10.8% increase from 2025’s 55.3 million sq. ft.
India and mainland China are expected to jointly contribute over 75% of the total office supply in the region. Among the top five APAC markets for new office supply in 2026 are Bengaluru, Delhi-NCR, and Mumbai, with Bengaluru leading at 12.1 million sq. ft.
Bengaluru is anticipated to be the top market in the APAC region with 12.1 million sq. ft., followed by Shanghai at 10 million sq. ft., Delhi-NCR at 7.1 million sq. ft., and Mumbai at 5.1 million sq. ft. In Bangalore, the office supply will continue to be supported by GCCs.
Office assets have emerged as the preferred investment sector in APAC, surpassing industrial & logistics for the first time in six years. Mumbai’s BKC witnessed the highest rental growth in APAC in 2025, rising by 23.1% YoY, and is expected to sustain double-digit growth (12.5%) in 2026.
According to Anshuman Magazine, Chairman & CEO of CBRE for India, South-East Asia, Middle East & Africa, India’s increasing prominence in the APAC office supply market reflects the strong demand drivers in the country. He highlighted that despite global economic adjustments, India remains an attractive destination for growth due to its scalability and talented workforce.
Even with a record supply, most developed markets are expected to face supply constraints, with premium offices in high demand as companies implement stricter attendance policies. Ada Choi, Head of Research for Asia Pacific at CBRE, emphasized the importance of occupiers and investors adapting and innovating in response to evolving economic conditions.
