Nagpur's office real estate is set to expand 26%, growing from 3.8 million sq. ft. in 2024 to 4.8 million sq. ft. by 2027. Fueled by IT firms, Global Capability Centres, better roads, and metro lines, rentals hold at ₹60–90 per sq. ft./month with 13% vacancy signaling robust demand.
Amid India's 20% YoY housing sales drop, Chennai stood out with 11% annual growth and 40% QoQ surge. New launches jumped 65% YoY, driven by GCCs and premium demand. Developers are strategically boosting supply to meet rising demand in this outlier market.