Economy #india#office market
India's office market shows caution despite resilient demand and selective rental gains: Colliers report
According to a Colliers report, India's office market recorded 35.7 million sq ft of gross leasing in H1 2026, a 6% YoY increase, with demand outstripping new supply. However, the market remains cautious amid moderation in Q2 2026, with Mumbai and Pune seeing 25-30% declines. Flexible workspace leasing surged 90% above the five-year quarterly average. Rents rose modestly (up to 5%) in active micro-markets, but overall vacancy stayed around 15%.
Jul 8, 2026 1 source