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Office leasing across top seven cities remains strong in Q1 2025, reflecting 15 pc growth
The Statesman Kolkata
|March 28, 2025
Office leasing across India's top seven cities remained strong in Q1 2025 at 15.9 million sq ft, reflecting a 15 per cent year-on-year (YoY) increase.
These cities included Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai, and Pune.
According to the latest report by Colliers India, the ongoing demand momentum has added credibility to the prevailing optimism in the office market of the country. Bengaluru and Delhi NCR together drove nearly half of the leasing activity during the quarter.
Overall new supply touched 9.9 million square feet during Q1 2025, almost at par with the same period last year. Bengaluru and Delhi NCR together drove two-third of the new supply during Q1 2025.
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