India's office real estate expands 7% as corporate spaces reach 918 mn sq ft

India's organized office real estate market continues its expansion trajectory, with total occupied stock reaching 918 million square feet, according to latest data from the property consultancy Knight Frank. The 7% growth underscores sustained corporate demand across the country's major business districts, reflecting ongoing investment in commercial infrastructure.

Bengaluru has solidified its dominance in India's office landscape, commanding 227.9 million square feet of occupied office space. The technology hub's commanding share reflects its status as a preferred destination for multinational corporations and domestic enterprises seeking modern office infrastructure and skilled talent pools.

Pune has emerged as a significant beneficiary of India's office market expansion, achieving a landmark milestone by crossing the 100 million square foot mark in occupied office stock. The city's growing prominence signals a broader geographic diversification of corporate real estate demand beyond traditional metropolitan centers.

The growth in India's office sector points to sustained corporate confidence in the country's economic trajectory. Enterprises across technology, financial services, and business process management sectors continue to expand their physical footprints, driving demand for quality office spaces in established and emerging business hubs. This expansion suggests corporate occupiers remain committed to hybrid and on-site work models despite pandemic-era disruptions.