India’s office real estate market is booming. Rentals have climbed 6% across top cities, with Bengaluru leading the surge. Vacancy levels have dropped, indicating robust leasing. Net office absorption hit a record 42 million sq. ft., surpassing pre-pandemic levels. Global Capability Centres are a major demand driver, alongside IT, coworking, and BFSI sectors.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets