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Big deals keep office space vibrant

Big deals keep office space vibrant

Time of Indiaa day ago
Large-sized deals, of over 100,000 sq ft, continue to drive India's commercial
office
market. They have accounted for around half of the Grade-A office space demand every year from 2021. In the first half of calendar 2025, the segment accounted for 51% of the office deals, driven by demand from multinational firms.
Independence Day 2025
Before Trump, British used tariffs to kill Indian textile
Bank of Azad Hind: When Netaji gave India its own currency
Swadeshi 2.0: India is no longer just a market, it's a maker
WHY LARGE DEALS MATTER
Consistent share since 2021 enabling long-term commitments
WHAT'S DRIVING THE MOMENTUM?
India's Talent Advantage
Availability of large floor plates in Grade-A developments
Competitive rentals vs global markets
INDIA: THE MNC MAGNET
GCCs projected to grow from 1,800 to 2,400 centres by 2030
Policy push, infrastructure investment and state-level incentives
Tech, BFSI, and engineering R&D firms continue expansion
Resilient demand despite global headwinds
TOP DEAL MAKERS
Google
Salesforce
Qualcomm
TCS
OUTLOOK
Large deals to remain the driving force of India's office market
EXPERT TAKE
"Despite current headwinds, we expect technology occupiers to maintain the leasing momentum throughout 2025 and fuel commercial
real estate
in India, mainly supported by expansion of GCCs. Meanwhile, strong IT talent pool and cost arbitrage will continue to be the differentiating factors for Indian office market."
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ARPIT MEHROTRA, MD, Office Services, Colliers India
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