Indian office rents to continue rising due to sustained demand
Rents increased by 9% in the first half of the year.
In the Indian office market, H1 2025 witnessed robust growth with 3.13 million sqm of Grade A space absorption, reflecting a 13% YoY increase driven largely by the technology and BFSI sectors - according to a recent Colliers report.
“Although office space demand continued to outpace new supply across most cities, vacancy levels remained rangebound on account of relocations and churns,” the report added.
Rentals continued their upward trajectory, registering a 9% YoY growth according to Colliers data, and are expected to remain firm in the near term, driven by sustained demand.