Mumbai's office sector showed remarkable growth in Q2 2025, with gross leasing reaching 4 million square feet. Flexible workspaces led the charge, followed by BFSI and IT-BPM sectors. Net absorption hit a high of 2.6 million square feet, signalling strong market demand.
Kochi's commercial real estate records robust growth in 2024, driven by a 28% surge in office space absorption and 9% retail expansion. Technology firms lead leasing with 44% share, supported by state initiatives and skilled workforce.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth.