Thanks to rising occupier demand.
According to a Cushman and Wakefield report, between 2023–24, office rents in Delhi NCR showed steady growth, scaling pre-COVID levels.
With annual average supply of around 6.5 msf expected during 2025 and 2026, rentals are expected to witness marginal average growth at ~2.0%, the report said.
“Beyond 2025, rent growth is expected to pick up, at 1.5%–2%, due to rising occupier demand, although it is likely to remain range bound at that level owing to consistent new supply entering the market.”
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