India’s Office Leasing Market Reaches Record 81.7 MSF In 2024; IT Sector Leads Growth
India’s office leasing market hit an all-time high in 2024, reaching 81.7 million square feet (MSF), a 19% year-on-year (YoY) increase, according to a report by CRE Matrix and CREDAI.
Global Capability Centres Drive Office Space Growth In India
India’s Global Capability Centres (GCCs) are leading commercial real estate absorption, surpassing pre-Covid levels.
