India's office leasing increases to 60 million sqft in 9 months

India's office real estate market sustained its growth momentum in Q3 2025, propelled by continued expansion from domestic corporates and global firms scaling their GCC operations.

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India's office market maintained its growth trajectory this year, with January-September 2025 achieving the highest-ever absorption for the first nine months of the year at a record ~60 million sq. ft. (up by 2 per cent Yo-Y), according to CBRE survey.

Enquiries for new spaces have remained healthy across industries, underscoring the resilience of occupiers' sentiments in the sector, led by portfolio expansion, workplace optimisation, and the sustained preference for 'flight-to-quality' assets.

This strong activity witnessed in 9M 2025 (January-September) drove office space take-up to the highest level ever recorded for the first nine months of the year.

Office leasing was spearheaded by Bengaluru, Mumbai, and Delhi-NCR.