Mumbai, May 23 -- Despite global macroeconomic upheavals and uncertainties, India's commercial real estate market remains on a remarkable upswing, according to the latest ANAROCK data saying the rental values are showing healthy growth across major metros as businesses push harder for a full-fledged return to office life.

"Notably the US, which is seeing considerable business policy uncertainty, accounts for 45 percent of total office space leasing in India - ahead of all other countries," said Peush Jain, MD - Commercial Leasing & Advisory, ANAROCK Group.

"In Mumbai, US-based banks contribute as much as 48% of BFSI leasing. American companies' appetite for prime Indian Grade A office spaces remains undiminished." he said. From 2022 to 20...