Amazon Development Centre India leases 220000 sq ft from WeWork in Chennai, marking 2025's largest office transaction. The 40-month deal accommodates 3500+ work units, underscoring Chennai's rising prominence alongside Bengaluru and Hyderabad in India's tech real estate landscape.
High-quality office buildings in Noida sectors 62, 63, 125, and 132 experience record demand as tech companies and startups seek modern amenities and superior connectivity.
Kolkata's office leasing surged 60% year-on-year in H1 2025, led by major IT outsourcing and flexible workspace deals, driving vacancy rates to their lowest since 2019 and boosting rents by 10%.
Gurugram-based Incuspaze expands in Chennai's IT corridor with 2.5 lakh sq ft lease at Olympia Crest, offering premium workspace tailored for IT/ITES firms with modern amenities and strategic OMR Zone 1 location.
AIPL Masterpiece secures ₹200/sq.ft rental deal on Golf Course Road, Gurgaon, setting a new benchmark for premium office spaces and corporate demand in the region.
Pune's commercial real estate market witnessed a robust 22% year-on-year rise in office space absorption in Q1 2025, driven by IT/ITeS, manufacturing, and co-working sectors.
Hyderabad's office leasing activity exceeds 2023 averages by 11%, reaching 2.5 million sq ft in one month, driven by business expansion.
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.
India's Q1 2024: 9% rise in home sales, 43% surge in office leasing, driven by global capacity centers, with Mumbai leading residential growth.