Global Firms Drive India's Office Demand, Account for 58% of Leasing in 2025: JLL
Business
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CNBC TV18•26-01-2026, 19:38
Global Firms Drive India's Office Demand, Account for 58% of Leasing in 2025: JLL
- •Global companies were a major demand driver for office space in India in 2025, leasing nearly 60% of spaces in seven major cities.
- •Gross leasing of office spaces rose 8% to a record 83.3 million square feet last year across Mumbai, Bengaluru, Delhi-NCR, Pune, Hyderabad, Chennai, and Kolkata.
- •Global firms leased 48.6 million square feet, contributing 58% to total office demand, with 31.4 million sq ft for Global Capability Centres (GCCs).
- •India's appeal stems from skilled English-speaking talent, affordable premium office space, and its strategic business hub status.
- •Domestic firms absorbed 34.7 million sq ft (42%), while Bengaluru was the top choice for foreign firms; coworking centers also saw increased activity.
Why It Matters: Global firms are significantly boosting India's office market, driven by talent and affordable premium spaces.
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