India, Jan. 13 -- India's office real estate market crossed 83.3 million sq ft (msf) of gross leasing in 2025, marking a 7.8% year-on-year increase from 77.2 million sq ft in 2024, led by Bengaluru, Delhi-NCR, Hyderabad and Mumbai, according to a JLL report. Delhi-NCR was the only city to record a decline in commercial leasing, slipping 1.6% year-on-year.The fourth quarter of 2025 saw a record leasing of 26.8 million sq ft, driven by demand from global firms, expanding GCCs, and a sharp rise in flex space absorption, the report said.

Bengaluru led the country with 24.1 million sq. ft of gross leasing in 2025, recording a 9.8% increase over the previous year. Chennai followed with 8.7 million sq. ft, up 9.7%, while Hyderabad achieved 11.7...