Overview
- Leasing totaled 82.6 million sq ft across nine cities in 2025, a 1% year-on-year rise, according to CBRE.
- Fourth-quarter absorption reached 22.2 million sq ft, led by Bengaluru at about 24%, Mumbai at 22% and Delhi-NCR at 18%.
- Technology firms, flexible-space operators and BFSI corporates collectively represented about 60% of full-year demand.
- Developers added 56.3 million sq ft of new supply in 2025, up roughly 5% year on year, with growing emphasis on premium, green-certified offices.
- GCCs accounted for around 39% of Oct–Dec leasing, underscoring their expanding influence heading into 2026.