India, Dec. 24 -- India's top seven cities leased nearly 55.16 million sq ft (msf) in 2025, a 10% year-on-year increase from approximately 49.95 msf in 2024, despite headwinds such as IT sector layoffs and global tariff tensions, according to a report by ANAROCK.
Among cities, Bengaluru remained the largest office market, with a net leasing of approximately 14.15 million square feet in 2025. However, the IT hub saw a 5% decline from 14.87 million square feet (msf) in 2024, making it one of the few markets to record a contraction, along with Kolkata, which slipped 3% to around 1.15 msf, the report stated.
In contrast, Pune recorded the highest annual growth, with net absorption jumping 63% from 4.8 million sq ft in 2024 to nearly 7.8 mil...
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