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Global Occupiers Drive India Boom in Office Space Demand

Hindustan Times Gurugram

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January 11, 2025

India's commercial real estate rocketed last year, primarily on the back of swelling demand from global firms scouring the country for office spaces, according to reports by top property consultants.

- Khushi Malhotra

MUMBAI:

Net office absorption—or the new net floor space occupied by companies—reached about 50 million sq ft. (msf) in 2024, the highest in five years, as per reports by real estate consultancies Cushman and Wakefield and JLL Research.

Across India's top nine cities, overall office leasing recorded a historical high of 79msf in 2024, CBRE, a real estate services and investment firm said in a report.

MÁS HISTORIAS DE Hindustan Times Gurugram

Hindustan Times Gurugram

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Hindustan Times Gurugram

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