India Market Watch Office Year-End 2024

Our latest report, India Market Watch | Office Year-End 2024, throws light on the key trends witnessed across India’s office market in 2024 and covers the cities of Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune. 

Key Highlights:

-The six key office markets of India recorded a gross absorption of 75.2 mn sq. ft., a new historic peak, registering 21% YOY growth. 

-Bengaluru and Mumbai continued to be among the top 3 markets, with Hyderabad making it to the list. 

-The tech sector led leasing activity with a 32.9% share in overall absorption, followed by BFSI at 17.6% and flexible workspaces at 16.6%. 

-Large deals (over 100,000 square feet) remained dominant in overall leasing activity, contributing 47% of all transactions. 

There’s lots more in our report. Download it today!