India Office Market Set For Sustained Growth As 77% Of Firms Plan To Expand
· Business · Times of India, Nikkei Asia, Business Standard
India's office market is poised for continued expansion over the next two years, with 77% of corporate occupiers expecting their portfolios to grow. A survey of more than 200 CXOs conducted by CBRE between April and June 2026 revealed that the proportion of firms pursuing aggressive expansion has nearly doubled from the previous year. Growth is primarily driven by Global Capability Centres, expanding business operations, and rising demand from the technology, banking, financial services, insurance, and manufacturing sectors. Bengaluru, Hyderabad, Pune, and Chennai remain the top hubs, while 65% of companies eyeing Tier-II and Tier-III cities cite access to emerging talent as a primary driver. Meanwhile, artificial intelligence has emerged as a major factor influencing leasing decisions, with 57% of respondents noting its growing role in real estate strategies.
Why it matters
The sustained expansion signals robust corporate confidence in India's commercial real estate sector, creating millions of square feet of new demand for developers and boosting urban employment across major tech and financial hubs.
Read the original report — Times of India
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