New Delhi, Oct. 25 -- India's office rental market continued its upward trajectory in the second quarter of 2025, growing 3.8 percent year-on-year. The rise was led by robust performance in Mumbai, Gurugram, and Delhi, with strong leasing activity across IT and financial corridors helping stabilize vacancy levels.
According to the IIM Bangalore- CRE Matrix Commercial Property Rental Index (CPRI Q2 2025), Mumbai topped the growth charts with a 3.6percent quarter-on-quarter rise, the steepest among all major cities. It was followed by Gurugram (3.2percent ) and Delhi (3.0 percent ).
Delhi emerged as the strongest performer, posting a 16.4percent year-on-year jump, its highest in over five years.
The report highlighted the resilience of Ind...