India, Nov. 7 -- India's office real estate sector recorded 19.69 million sq ft of absorption in Q3 2025, a 6% year-on-year and 5% quarter-on-quarter rise, according to a report by Vestian. The demand was led by Bengaluru, National Capital Region (NCR), and Mumbai, driven largely by expansions of Global Capability Centres (GCCs), the growing footprint of BFSI firms, and increased take-up by flexible workspace operators as occupiers continue to adopt hybrid models.
Bengaluru topped the charts with 4.63 million sq ft. NCR followed closely at 4.01 million sq ft, supported by sustained leasing in Gurugram and Noida, while Mumbai recorded 2.98 million sq ft, led by banks, financial services, and co-working operators seeking prime corporate sp...
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