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.
Thane emerges as key commercial hub with 10% of Mumbai's office demand, offering affordable rents and 2.7 million sq ft under construction in MMR expansion.
Chennai's commercial real estate market is thriving with increased demand in IT hubs and coworking spaces along OMR, driven by corporate expansion and shifting work dependencies. Hybrid work models and infrastructure developments like the Chennai Metro Phase 2 and Chennai-Bangalore Industrial Corridor are accelerating growth in areas such as Siruseri and Padur. NRIs and domestic investors are...
Kolkata's office space demand surged 100% to 6 lakh sq ft in Q2 2025, contrasting sharply with a 10% dip in residential sales. Despite a 23% rise in new housing supply, affordability challenges and geopolitical uncertainty impact buyer sentiment, while commercial real estate thrives on corporate expansion and GCC demand.
Kozhikode's Cyber Park's ongoing expansion has triggered a 30% rise in office space absorption, driven by IT/ITES sector growth, positioning it as emerging tech hub with enhanced infrastructure and employment opportunities.
Thiruvananthapuram's Technocity IT Park expansion drives commercial real estate growth, attracting IT companies and startups, boosting demand for office spaces and related infrastructure. With 100,000+ jobs potential and cutting-edge facilities, the IT integrated township redefines Kerala's commercial property landscape.
The start of TIDEL Park’s construction in Trichy is set to energize IT-sector real estate, boosting demand for office and residential spaces while creating thousands of jobs through ₹415 crore investment.
Hyderabad's office leasing activity exceeds 2023 averages by 11%, reaching 2.5 million sq ft in one month, driven by business expansion.
Weak office space demand has negatively impacted air conditioning manufacturers. A resurgence in demand, driven by IT and ITeS sectors, is expected to boost both the commercial sector and A/C sales.
Vacancy rates in Indian shopping malls are on the rise, particularly in Delhi-NCR and Mumbai. Experts attribute this to an oversupply and mismatch with demand.
Global property consultants are presenting conflicting reports on India’s office space demand, creating confusion among industry experts regarding market trends.
Office space demand in India is projected to reach 30.5 million sq. ft. in 2013, a 12% year-over-year increase, driven by improving global economy, increased FDI, and revised repo rates.
Pune's office space demand remains largely stable, driven by IT and ITES sectors. Experts anticipate absorption to reach 4 million sq. ft. by year-end, with CBD areas seeing rental increases.
Bangalore’s real estate sector is set to grow by 25% in the coming year, according to CREDAI Karnataka. Commercial office space demand is rising, while residential sales are slow.
India's IT boom fuels high demand for office space, but slowdown concerns rise, impacting commercial property market, particularly in Bangalore and Hyderabad.