Office Leasing

Demand for office space to set up global capability centres (GCCs) in India is driven by foreign banking, financial services and insurance firms, as their gross leasing touched a record 7.32 million sq ft in the January-June period, according to Knight Frank. Interestingly, leasing by foreign IT-ITeS companies to set up GCCs fell 28 per cent to 4.13 million sq ft in the first six months of this year from 5.71 million sq ft in the year-ago period. Real estate consultant Knight Frank India noted that foreign banking, financial services and insurance (BFSI) firms leased 7.32 million sq ft of office space during the first half of this year to set up GCCs across eight major Indian cities, a 70 per cent rise from 4.31 million sq ft a year ago. The eight cities are -- Mumbai, Delhi-NCR, Bengaluru, Pune, Hyderabad, Chennai, Ahmedabad and Kolkata. During January-June 2026, the BFSI sector contributed 36 per cent of the overall leasing of 20.6 million sq ft for GCCs across the leading eight

The company has leased the office space at Panchshil Vantage in Wagholi for 10 years at ₹92 per sq ft per month, with a 15 per cent escalation every three years

The acquisition through Edelweiss Alternatives' Rental Yield Plus fund expands its commercial office portfolio to 5.2 million sq ft across Bengaluru, Gurugram and Pune

Hrithik Roshan leases 6,000 sq ft office space in Andheri to Clearsynth Labs

Embassy Reit expects strong leasing demand to continue, targets 92 per cent occupancy in FY27 and is evaluating Hyderabad expansion

Retailers leased 4.1 million sq ft of Grade A mall space across India's top seven cities in H1 2026, nearly 4.5 times the new supply delivered during the period, Anarock said

The registrar and transfer agent has leased 2.4 lakh sq ft in Hyderabad's Kokapet for 15 years, with the total rental outgo estimated at Rs 282.85 crore

The eyewear retailer has signed a nine-year lease for office space at Worldmark 6 in Delhi's Aerocity, with monthly rentals of Rs 1.86 crore and a 15 per cent escalation every three years

Office leasing fell 3.9 per cent in H1 2026 amid geopolitical uncertainty and AI-led business changes, while net absorption reached a record high, according to JLL

The flex workspace operator will pay rent for a chargeable area of 114,950 sq ft at Worldmark 6 in Delhi's Aerocity, with a 15 per cent escalation every three years

Robust consumption growth, improving office occupancy and healthy hotel performance in the June quarter have reinforced brokerages' positive outlook on The Phoenix Mills

HSBC Electronic Data Processing India has taken over 130,000 sq ft in HITEC City on a 4-year, 7-month sublease at a starting monthly rent of ₹6.41 crore with a 5 per cent annual escalation

Commercial leasing eased from last year's record high, while residential sales remained among the strongest in a decade as India's property market entered a phase of stabilisation

ExxonMobil Services and Technology has leased 235,300 sq ft of office space at Bengaluru's International Tech Park Bangalore, with a total rental outgo of Rs 70.3 crore

Gross office leasing touched a record 24.6 million sq ft in Q2 2026, with global capability centres and flexible space operators driving demand despite geopolitical uncertainties

Gross leasing of office spaces fell 2 per cent to 17.4 million sq ft during April-June across seven major cities on lower fresh supply, according to Colliers India. The gross leasing stood at 17.8 million sq ft in the year-ago period. Leasing of office spaces rose in Bengaluru, Delhi-NCR and Hyderabad, but fell in Mumbai, Pune, Chennai and Kolkata. As per the data, the gross leasing rose 8 per cent in Bengaluru to 5.2 million sq ft during April-June from 4.8 million sq ft in the year-ago period. In Delhi-NCR, the office leasing increased 23 per cent to 2.7 million sq ft from 2.2 million sq ft. The leasing in Hyderabad rose 19 per cent to 3.8 million sq ft from 3.2 million sq ft. However, the gross leasing in Mumbai fell 29 per cent to 2 million sq ft from 2.8 million sq ft. Chennai witnessed a fall of 23 per cent to 2 million sq ft from 2.6 million sq ft, while Pune saw a decline of 25 per cent to 1.2 million sq ft from 1.6 million sq ft. In Kolkata, the office leasing fell 17 per

The lease includes a 15 per cent rent escalation every three years, the documents registered in April 2026 showed

KRT expects continued growth in occupancy and distributions despite short-term leasing caution amid West Asia tensions and rising construction costs

Residential demand shows early signs of moderation amid rising prices and affordability pressures, while office leasing surges on strong GCC demand and tightening vacancy levels

Leasing activity nearly doubles in FY25 as firms expand beyond metros to cut costs and tap talent, even as supply constraints persist in smaller markets