India’s office leasing hits all-time high in 2025, surges 20% YoY to 86.4 mn sq ft: Knight Frank
All office markets recorded rental appreciation in 2025 mostly due to low availability of quality space, led by NCR and Hyderabad with 10% growth each.
All office markets recorded rental appreciation in 2025 mostly due to low availability of quality space, led by NCR and Hyderabad with 10% growth each.
Bengaluru witnessed the highest net office leasing of approx. 9.95 Mn sq. ft., followed closely by Delhi-NCR with net office leasing of approx. 8.2 Mn sq. ft. and MMR with approx. 6.6 Mn sq. ft.
Bengaluru emerged as the dominant market, capturing 24% market share with 6.55 Mn sq ft absorption, reflecting a 64% Y-o-Y increase.
For a wider perspective, ANAROCK analysed trends in capital appreciation and rental growth across 14 of the most active micro markets in Bengaluru, Hyderabad, Pune, NCR, MMR, Kolkata, and Chennai.
Luxury homes priced between Rs 10–12 crore saw the highest demand, offering the ideal mix of value and exclusivity.
Latest ANAROCK data shows that over 42% of approx. 4.60 lakh homes sold in 2024 was in newly-launched projects.
Among the top seven cities, the maximum fresh supply was seen in Hyderabad followed by Bengaluru.
Property prices increased across cities during the October-December period of 2024, albeit in varying degrees.
Many suburban housing markets in India have outperformed urban hotspots due to their greater potential for price appreciation.
Average housing prices in top India cities experienced an 11% YoY increase, reaching Rs 11,000 per square foot in the third quarter of 2024.