India, May 1 -- Office space absorption across the top seven cities reached 17.9 million sq ft in Q1 2025, marking a 34% year-on-year increase, according to a report by Vestian. Bengaluru led the growth with 4.08 million sq ft absorbed-a 56% rise from the previous year. Mumbai followed closely at 3.99 million sq ft, while Kolkata, despite recording the lowest absorption at 0.23 million sq ft, saw a 44% year-on-year increase.
Bengaluru led the absorption by Global Capability Centres among the top seven cities with a 39% share in Q1 2025, registering a 39% Qoq and 119% YoY increase in value terms.
Pune reported an annual increase of 276% in absorption, with its pan-India share rising from 5% in Q1 2024 to 15% in Q1 2025. Conversely, Chenn...
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