Office space leasing rises 74% in Jan-Mar across top 8 cities: Knight Frank

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Office space leasing rises 74% in Jan-Mar across top 8 cities: Knight Frank - Business Standard

Quick Summary:

India's top eight office markets witnessed a 74 per cent rise in gross leasing of office spaces in the latest March quarter to a record 282 lakh square feet, mainly driven by a strong demand for foreign firms setting global capability centres (GCCs), according to Knight Frank.

On Thursday, real estate consultant Knight Frank India released its 'India Real Estate: Office and Residential Report' for January-March 2025.

With the demand for GCCs consistently breaching new highs, global perception of India as a long-term investment destination continues to strengthen," Shishir Baijal, Chairman and Managing Director of Knight Frank India, said.