India’s office leasing market maintains strong pace in Q1
India's office leasing market is expected to grow 12-14% in FY27, driven by global capability centers and flexible workspaces. The sector is poised for steady expansion, with gross leasing projected to reach 85-90 million sq ft in FY27.
India's office market is anticipated to see strong growth in FY27. Gross leasing is projected to increase by 12% to 14%. Global capability centers and flexible workspaces are driving demand. Supply additions remain disciplined, with office stock expected to reach 1.5 billion sq ft by March 2027. Rentals are expected to see moderate growth, rising 5-7% in FY26 before moderating to 4-6% in FY27.
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