New Delhi, April 13 (IANS) The office leasing market in India witnessed a 10 per cent year-on-year (YoY) growth to 21.6 million sq ft in the first quarter of 2026, marking the strongest leasing activity in the past five years, according to a report released on Monday.According to the Savills India report, in terms of supply, the activity declined by 28 per cent year-on-year to 7.9 million sq ft, while the overall vacancy rate eased to 13.9 per cent during the same period, supported by steady lea…
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New Delhi, Jan 5 (IANS) India’s office real estate sector closed CY25 with its strongest performance on record, registering net absorption of 61.4 million square feet (MSF) across the top eight cities marking a robust 25 per cent year‑on‑year (YoY) increase, a report said on Monday.The report from commercial real estate services firm Cushman & Wakefield said the surge was driven by strong occupier confidence and the market’s ability to deliver scale amid evolving business needs.Benga…
New Delhi, Dec 29 (IANS) Office space absorption across six major Indian cities stood at 75.2 million sq. ft. at year end of CY25, maintaining levels similar to the previous year, a report said on Monday.The report from real estate advisory firm Savills India said that Bengaluru, Delhi-NCR and Mumbai emerged as the top three performing markets, collectively accounting for nearly 61 per cent of the gross leasing activity in 2025.It forecasted that total demand would touch 75 million in 2026, whil…