India’s office real estate market has witnessed robust activity in 2024, with 89 million square feet of office space leased across key cities, according to a report by Cushman & Wakefield. This marks a significant uptick in leasing volumes, driven by strong demand from technology, BFSI, and flexible workspace sectors. 
Bengaluru, Delhi-NCR, and Hyderabad emerged as the top markets, contributing significantly to the overall leasing activity. These regions continued to attract large corporate occupiers seeking quality office spaces with modern amenities.
The report highlights a growing trend toward sustainability and flexible workspaces, with businesses prioritizing energy-efficient and tech-enabled office environments. Hybrid work models have also influenced demand patterns, as organizations seek spaces that promote collaboration while accommodating remote work needs.
Despite global economic uncertainties, India’s office market remains resilient, supported by consistent investor interest and occupier demand. Experts predict that the momentum will carry forward into 2025, as the country’s economic growth drives further expansion in the commercial real estate sector.
