Bengaluru, Sep 25 || Global capability centre (GCC)-driven demand of office space in India rose 8 per cent in the first nine months this year, reaching 50.9 million square feet, a report showed on Thursday.
While Bengaluru continued to drive overall transaction volumes in the third quarter, Pune, Mumbai and Chennai, particularly witnessed high demand traction.
The three cities cumulatively accounted for more than half of the quarterly Grade A office space uptake. Notably, each of the three cities saw an annual demand growth of at least 40 per cent in Q3 2025, according to the report by Colliers.
Bengaluru retained its dominance with 14 million sq. ft. of leasing and 27 per cent share in the overall India office space demand.
“India’s office market continues to demonstrate resilience, crossing the 50 million square feet benchmark in the first nine months of the year, despite ongoing external volatilities and trade frictions,” said Arpit Mehrotra, Managing Director, Office services, India, Colliers.