Essayer OR - Gratuit
Local firms drive office demand
Mint Bangalore
|June 17, 2025
Increasing reach
Domestic companies are taking more office space. They leased a record 31.9 million sq. ft (msf) area in 2024. The traction continued in the first quarter of 2025 (QICY25) with 8.8 msf already leased, JLL India said in a recent report. This has translated into better absorption of available Grade-A office units and higher occupancies.
On average, since 2022, domestic occupiers account for a 46% share of gross leasing versus 35% pre-pandemic (2017-2019), as per JLL. The property consultant added that BFSI firms have more than doubled their space requirements, with average deal sizes jumping from 10,500-11,500 sq. ft in 2017-2019 to 24,000-25,000 sq. ft from 2022 to QICY25, a staggering 125-130% rise.
Gross leasing covers all lease transactions, except term renewals and deals in the discussion stage.
Cette histoire est tirée de l'édition June 17, 2025 de Mint Bangalore.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Bangalore
Mint Bangalore
EU mulls minimum price on Chinese EVs to replace tariffs
The European Union (EU) is weighing minimum prices for electric vehicles (EVs) exported to the bloc from China, signalling a thaw in trade tensions even as the US presses Europe to take a tougher line on Beijing.
1 mins
January 13, 2026
Mint Bangalore
Trade talks with US today, new envoy backs India partnership
The US and India will hold afresh round of negotiations on Tuesday over a much-delayed trade deal, even as Washington moves to draw New Delhi into the Pax Silica, a brand-new technological alliance of nations to counter China in chips, critical minerals, and artificial intelligence (AI) infrastructure.
1 min
January 13, 2026
Mint Bangalore
Now, inheritance works without probate—but why it still matters
Heirs can now act on a valid will without court cases, easing delays and unlocking assets in undisputed cases
6 mins
January 13, 2026
Mint Bangalore
Pak’s conflict with Afghanistan opens $200 mn pharma window for India
Afghanistan’s border tensions with Pakistan, which led to the shutdown of vital transit routes, may have opened up a $200 million pharmaceutical opportunity for India.
2 mins
January 13, 2026
Mint Bangalore
Commissions trump advice in wealth management biz
surge on rising affluence, strong economic growth, higher foreign direct investments, and the growth of the startup ecosystem.
2 mins
January 13, 2026
Mint Bangalore
US productivity is rising and it risks warping monetary policy
America's neutral rate ought to be going up but will the Fed listen?
3 mins
January 13, 2026
Mint Bangalore
Venezuelan crude on offer to India, China
Vitol and Trafigura have started discussions on Venezuelan crude oil sales with refiners in India and China for cargoes to be delivered in March, several traders said on Monday.
1 min
January 13, 2026
Mint Bangalore
India at 100: Our choices today will define the next two decades
India's 2047 ambition is not guaranteed but achievable if we address all the potential pitfalls along our development path
4 mins
January 13, 2026
Mint Bangalore
More companies to take a hit as labour codes debut
Reworked gratuity and leave encashments spell additional expenses for India Inc
2 mins
January 13, 2026
Mint Bangalore
Should a benchmark bond yield guide RBI's repo rate decisions?
A broadly steady 10-year G-Sec yield could be taken as a cue if it reflects an efficient market at work
4 mins
January 13, 2026
Listen
Translate
Change font size