India's office space expands 7% to 918 million sq ft, Bengaluru stays ahead
India's occupied office inventory grew 7% year-on-year to about 918 million sq ft by September, with Bengaluru remaining the largest market and Pune surpassing 100 million sq ft.
Real-estate consultancy Knight Frank reports that India's occupied office stock increased by 7% year-on-year, reaching almost 918 million sq ft across eight key markets by the end of September. Bengaluru continued to lead, its occupied space rising 9% to 227.9 million sq ft. Pune crossed the 100-million-sq-ft milestone, recording 101 million sq ft, a 9% increase from the previous year. Hyderabad showed the strongest growth among cities with over 100 million sq ft, expanding 11% to 119.8 million sq ft. The National Capital Region grew 2% to 178.3 million sq ft, while Mumbai, Chennai and Kolkata each posted gains of 5-9%. Ahmedabad, the only market below 100 million sq ft, rose 10% to 28 million sq ft. Viral Desai of Knight Frank said the figures reflect ongoing business expansion and changing workplace requirements.
Why it matters
The growth signals sustained demand for office space, reflecting broader economic expansion in India's major cities.
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