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Office Leasing Outlook for India

Overview The office market in India has reached a historic milestone in 2024, with total leasing activity across the top six cities surpassing 66.4 million square feet, reflecting a robust 14% year-on-year growth. Bengaluru was the driving force behind this growth, achieving its highest-ever leasing volume of 21.7 million square feet, marking a remarkable 40% increase in demand from the previous...

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Year Ender 2024: Top 5 Commercial Lease Deals in the Mumbai Real Estate Market

1. Premium Office Space Leasing in South Mumbai Overview: Large multinational corporations (MNCs) continue to dominate the demand for premium office spaces in the central business district (CBD) of South Mumbai. Notable Deal: A high-profile lease agreement with a leading tech company for over 100,000 sq. ft. of office space in a Grade A commercial tower. Factors: Prime location, state-of-the-art...

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