India’s office sector is expected to maintain its strong growth momentum in 2025, which is likely to be driven by resilient economic fundamentals, a firm employment outlook, readily available talent pool, and favourable government policies, including relaxation of SEZ denotification norms, boosting occupiers’ confidence in expanding their real estate portfolios, according to a CBRE report.
The report titled ‘2025 India Market Outlook’ notes that the office sector has witnessed healthy supply growth over the past few years and is anticipated to maintain this momentum in 2025, underpinned by a robust pipeline of under-construction projects. Development completions would primarily be led by high-quality investment-grade assets, with ~60-65% of the new supply likely to be a part of integrated tech parks within top cities during the year. Developers are increasingly focusing on fully amenitised, green-certified assets in line with occupiers’ evolving preferences.
While established hubs such as Bengaluru, Hyderabad, Delhi-NCR, and Mumbai remain highly attractive, other key cities such as Chennai and Pune are poised to gain further traction due to the influx of strategically located quality supply, readily available talent pool, and occupier strategies focused on diversifying beyond gateway markets. This trend is also likely to stimulate leasing activity in tier-II cities.
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Commenting on the same, Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE, said, “The country’s office sector, having experienced record-breaking leasing performance in 2023 and 2024, is poised for sustained momentum in 2025. India’s abundant skilled talent pool continues to attract multinational corporations seeking to establish or expand their global capability centres (GCCs) and domestic enterprises looking to enhance their office footprint. With a strong pipeline of high-quality, investment-grade assets slated for completion during the year, the market is expected to witness an influx of fully amenitised, green-certified spaces that align with evolving occupier preferences,” he added.
Top trends expected to shape the Indian office sector in 2025: Premiumisation on the agenda for developers and occupiers
Developers are adapting to the changing demands of contemporary businesses by focusing on cutting-edge facilities and extensive amenities. The growing number of large-scale buildings indicates a shift towards integrated or mixed-use developments, which aim to provide a comprehensive environment for both work and personal life.
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