Office market News
Bengaluru led the office market expansion in Q1 2025 by recording 12.7 mn sq ft in transactions, which comprised 45 per cent of the total office space uptake.
Select big-ticket transactions in Gurugram and Noida contributed substantially to the leasing activity.
There were few relocations by occupiers in a bid to reduce real estate costs and obtain fresh office spaces on attractive lease terms.
IT and IT-enabled services, BFSI, healthcare, legal, and consulting firms dominated leasing during the quarter.
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