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Economic Times
an hour ago
- Economic Times
Technology sector anchors 40% office leasing, as global enterprises expand India operations
Synopsis India's commercial office market thrives on large transactions, with deals exceeding 100,000 sq. ft. driving Grade A space uptake. The technology sector dominates leasing, fueled by GCC expansion and AI adoption. South India remains the epicenter, with Bengaluru, Hyderabad, and Chennai attracting major occupiers, solidifying India's position as a preferred destination. Agencies Representative image Bengaluru: India's commercial office market continues to ride on the back of large-sized transactions, with deals over 100,000 sq. ft. driving the bulk of Grade A space uptake for the past five years. In the first half of 2025 (H1 2025), such transactions accounted for 51% of the total leasing activity across the top seven cities, translating into 17.2 million sq. ft., according to Colliers' latest report. This trend underscores occupiers' sustained appetite for high-quality, scalable office spaces aligned with their long-term growth the technology sector remains the leading driver of office space leasing in India with companies like Amazon, Qualcomm, Salesforce and TCS signing large floor plates Since 2020. In H1 2025 alone, tech occupiers took up more than 10 million sq. ft. of Grade A office space—nearly 40% of the total conventional leasing across the top seven cities. Leasing volumes for such deals in conventional office spaces grew from 6.4 million sq. ft. in 2023 to 8.7 million sq. ft. in 2024. Already, H1 2025 has clocked 6.2 million sq. ft. of large-sized tech leasing, signaling sustained expansion. This growth is being fuelled by the rapid expansion of Global Capability Centres (GCCs), the adoption of artificial intelligence-led digital transformation, and long-term confidence in India's talent base and infrastructure, mentioned the report. Tech occupiers are also prominent players in the flexible workspace segment. The sector accounts for 40–50% of total flex space demand across the top seven cities. In IT hubs like Bengaluru, Hyderabad, and Pune, flexible work arrangements enable companies to optimize costs, maintain scalability, and attract top talent. While the overall occupier profile for flex spaces is diversifying, technology firms are expected to remain the dominant force, ensuring consistent demand in the years ahead.'The technology sector continues to demonstrate remarkable resilience, even amid global uncertainties and workforce adjustments,' said Arpit Mehrotra, Managing Director, Office Services, Colliers India. 'Since 2020, tech occupiers have leased close to 85 million sq. ft. of conventional office space across the top seven cities, accounting for the majority of large-sized transactions. In H1 2025 alone, the sector drove 43% of such deals. With GCC expansions and India's strong IT talent pool, we expect leasing momentum to remain strong through 2025.' South India remains the epicentre of technology leasing, with established hubs such as Outer Ring Road (ORR) and Whitefield in Bengaluru, SBD and Off-SBD in Hyderabad, and the OMR Zone in Chennai consistently attracting major occupiers. These micro-markets offer a combination of advantages—robust IT/ITeS ecosystems, superior connectivity, abundant talent pools in nearby residential catchments, competitive rentals, and the availability of large floor plates, it said. 'India's technology leasing continues to be concentrated in select high-performing IT hubs,' said Vimal Nadar, National Director and Head of Research, Colliers India. 'In H1 2025, ORR and Whitefield in Bengaluru, SBD and Off-SBD in Hyderabad, and OMR in Chennai together accounted for nearly half of India's total tech leasing. These hubs have set the pace for the country's office market. With ongoing AI adoption, cloud computing, and cybersecurity innovations, the tech sector could account for 40–50% of overall office space uptake in 2025.'The Indian IT industry is in the midst of a structural transformation. Global tech companies are increasingly expanding their India presence, not just for cost efficiency but to establish knowledge and innovation hubs that drive global operations. According to NASSCOM, the number of GCCs in India is projected to rise from around 1,800 today to over 2,400 by 2030, with revenues expected to exceed $ 100 IT firms, meanwhile, are evolving their service offerings as artificial intelligence, machine learning, generative AI, and cloud technologies become deeply embedded in the industry's operational fabric. This evolution is redefining real estate requirements for the sector. From traditional large office setups to hybrid and flex models, the configuration of tech workplaces is shifting to accommodate new ways of working, enhanced collaboration, and global delivery coming years are expected to be pivotal. As global enterprises double down on their India strategies and domestic players scale up capabilities, demand for high-quality Grade A office space will remain robust. The synergy of cost advantages, a vast and skilled workforce, policy support, and world-class office infrastructure positions India as a preferred destination for technology the first half of 2025 is any indication, the technology sector's dominance in India's office leasing market is far from waning. With large-sized deals continuing to anchor leasing momentum and innovation hubs expanding at a rapid pace, the sector looks set to remain the cornerstone of India's commercial real estate growth story for years to come.


Mint
an hour ago
- Mint
One Tech Tip: This summer, dont let your phone overheat
LONDON (AP) — The summer holidays are here and many of us will heading off on trips to hot and sunny destinations, and bringing our electronic devices along. But don't forget that phones, tablets and other electronics are vulnerable to extreme heat. Southern European nations like Spain, Italy and Greece have been baking under the sun, while forecasters have consistently issued heat advisories across the United States, particularly in the Southeast. Here's what device makers and experts say on keeping your electronics cool: Most electronic devices work best in a specific temperature range. Apple says iPhones and iPads are designed to be used in temperatures between 32-95 degrees Fahrenheit (0-35 degrees Celsius). A device might change its behavior to deal with extreme temperatures, Apple warns. 'Using an iOS or iPadOS device in very hot conditions can permanently shorten battery life.' Your phone might temporarily warm up if you're charging wirelessly, downloading big files, streaming high-quality video or doing anything else that requires lots of power or data. Samsung says that's normal and it won't affect the performance or battery lifespan. If your phone gets so hot that it becomes uncomfortable to hold, Samsung recommends that you stop using it. An overheating iPhone will alert users with a warning message that it needs to cool down before it can be used. Android devices will display a similar message, telling user that the screen will dim, apps will be closed and charging will be paused. There are things you can do to protect your device from high heat. Don't leave it in a car on hot day and don't leave it in direct sunlight for long. Apple also warns against using some features when it's very hot or in direct sunlight for long periods, like GPS navigation when driving, playing a graphics-heavy video game or using the camera. Google, which makes Pixel Android phones, advises users not to use resource-intensive features or apps while charging. The best thing you can do in extreme heat is turn off your device completely. 'Even background processes can generate heat,' say experts at British electronics chain Curry's. 'A full shutdown helps it cool faster.' Remove the case, if your phone or tablet has one, because they can trap heat. Also keep it out of direct sunlight and put it somewhere cool, like an air-conditioned room or in front of a fan. But be careful about putting it in cool places. 'Never put your device in the fridge or freezer, as condensation can cause water damage,' Curry's says.


The Hindu
2 hours ago
- The Hindu
How to prevent your phone from overheating this summer
The summer holidays are here and many of us will heading off on trips to hot and sunny destinations, and bringing our electronic devices along. But don't forget that phones, tablets and other electronics are vulnerable to extreme heat. Southern European nations like Spain, Italy and Greece have been baking under the sun, while forecasters have consistently issued heat advisories across the United States, particularly in the Southeast. Here's what device makers and experts say on keeping your electronics cool: Most electronic devices work best in a specific temperature range. Apple says iPhones and iPads are designed to be used in temperatures between 32-95 degrees Fahrenheit (0-35 degrees Celsius). A device might change its behavior to deal with extreme temperatures, Apple warns. 'Using an iOS or iPadOS device in very hot conditions can permanently shorten battery life.' Your phone might temporarily warm up if you're charging wirelessly, downloading big files, streaming high-quality video or doing anything else that requires lots of power or data. Samsung says that's normal and it won't affect the performance or battery lifespan. If your phone gets so hot that it becomes uncomfortable to hold, Samsung recommends that you stop using it. An overheating iPhone will alert users with a warning message that it needs to cool down before it can be used. Android devices will display a similar message, telling user that the screen will dim, apps will be closed and charging will be paused. There are things you can do to protect your device from high heat. Don't leave it in a car on hot day and don't leave it in direct sunlight for long. Apple also warns against using some features when it's very hot or in direct sunlight for long periods, like GPS navigation when driving, playing a graphics-heavy video game or using the camera. Google, which makes Pixel Android phones, advises users not to use resource-intensive features or apps while charging. The best thing you can do in extreme heat is turn off your device completely. 'Even background processes can generate heat,' say experts at British electronics chain Curry's. 'A full shutdown helps it cool faster.' Remove the case, if your phone or tablet has one, because they can trap heat. Also keep it out of direct sunlight and put it somewhere cool, like an air-conditioned room or in front of a fan. But be careful about putting it in cool places. 'Never put your device in the fridge or freezer, as condensation can cause water damage,' Curry's says.