New Delhi, July 4 (IANS) India’s office market recorded its highest first‑half gross leasing volume on record in the first half of 2026 and grew 5 per cent year-on-year as demand from Global Capability Centres surged 38 per cent, reflecting resilient occupier demand despite global uncertainties, a report said on Saturday.The report from Cushman & Wakefield said GCCs remained the main driver of demand, leasing approximately 16.5 MSF during H1 2026, accounting for 38 per cent of total leas…
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New Delhi, May 19 (IANS) Hyderabad’s office market posted its highest-ever first-quarter gross leasing volume at 3.15 million square feet (MSF), marking a 21.6 per cent year‑on‑year rise, a report said on Tuesday.The report from commercial real estate services firm Cushman & Wakefield said the city accounted for about 14 per cent of India’s total office gross leasing volume of roughly 22 MSF in Q1 2026.Large transactions of 1 lakh square feet or more accounted for 81 per cent of tota…
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…
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…