The strong performance reflects sustained demand for quality office space from domestic companies, multinational corporations and Global Capability Centres (GCCs).
India's
leading office markets, including Bengaluru, Mumbai, Delhi-NCR, Hyderabad and
Pune, remained key contributors to commercial leasing activity. Demand has been
supported by sectors such as information technology, financial services,
business services and flexible workspaces.
The
continued expansion of GCCs has also emerged as an important driver, with
global companies increasingly establishing and expanding operations in Indian
cities.
India's
relatively resilient economic growth, expanding corporate sector and
availability of skilled talent are supporting the country's office market.
Companies are increasingly looking for modern, high-quality workplaces that can
support larger teams and evolving workplace strategies.
The
demand is also encouraging developers and institutional investors to focus on
premium office developments in established business districts and emerging
commercial corridors.
Market
activity in the first half of 2026 indicates that India's role in the APAC
office sector is becoming increasingly significant. Continued corporate
expansion, digital transformation and GCC growth could help sustain leasing
momentum through the remainder of the year.
For
India's commercial real estate sector, the trend highlights the country's
growing importance as a preferred destination for global businesses seeking
office space and operational hubs.
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