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Office leasing hits strongest ever quarter as big occupiers lock in deals

Economy
Published on 27 April 2026
Office leasing hits strongest ever quarter as big occupiers lock in deals

Big occupiers’ pre-committed deals are doing the heavy lifting

India’s office leasing market is surging, recording its strongest-ever first quarter for January to March. Gross leasing grew 10% year-on-year to 21.5 million sq ft, supported mainly by pre-committed deals from large occupiers, including GCCs and major tech firms. This keeps momentum despite shifting occupier strategies and market uncertainties.

  • Gross office leasing rose 10% YoY to 21.5 million sq ft
  • January to March delivered the strongest first quarter on record
  • Pre-committed deals from large occupiers drove most of the growth
  • GCCs and large tech firms helped maintain leasing momentum
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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