Gurugram's office boom hits a new high with 100 million sq ft of workspace

Times of India Published Jul 23, 2026 Reviewed Jul 23, 2026 ✓ Reviewed by citations.press editors

Gurugram's total office stock crossed 100 million square feet in 2026, according to CBRE.

100000000 square feet · Gurugram's total office stock

Between 2021 and the first quarter of 2026, Gurugram recorded office leasing of 40 million square feet while developers completed 21 million square feet of new office space, according to CBRE.

40000000 square feet · Gurugram office leasing21000000 square feet · new office space completed in Gurugram

Of Gurugram’s 100 million square feet of office stock, around 59 million square feet is green-certified and around 35 million square feet is institutionally owned, according to CBRE.

about 59000000 square feet · green-certified office space in Gurugramabout 35000000 square feet · institutionally owned office space in Gurugram

Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & North Africa, CBRE, stated that Gurugram's evolution into a 100-million-square-foot office market reflects four decades of sustained infrastructure investment, policy support, and developer confidence.

100000000 square feet · Gurugram office market size

CBRE projected Gurugram’s office market could reach nearly 120–125 million square feet by 2030.

at least 120000000 square feet · Gurugram’s office marketat most 125000000 square feet · Gurugram’s office market

Since 2018, Gurugram has drawn nearly $6 billion in investment inflows, according to CBRE.

about 6000000000 USD · investment inflows into Gurugram

International occupiers leased more than 17 million square feet of office space in Gurugram over the past five years, according to CBRE.

more than 17000000 square feet · office space leased by international occupiers in Gurugram

CBRE’s report stated that land and site acquisitions attracted around 50% of investment capital in Gurugram’s office market.

about 50 percent · share of investment capital allocated to land and site acquisitions in Gurugram

After a decade of sustained leasing, fresh supply and institutional investment, Gurugram’s office market passed a key milestone, with the city's total office stock crossing 100 million square feet in 2026, according to CBRE.In its Corridors & Clusters: Driving Haryana's Next Growth Phase report, the property consultant said the office market is expected to continue expanding and could reach nearly 120-125 million sq ft by 2030.

The report also pointed to a structural shift in the city towards institutional-grade, sustainable office developments.The 100 million sq ft milestone follows five years of strong activity. Between 2021 and the first quarter of 2026, Gurugram recorded office leasing of 40 million sq ft while developers completed 21 million sq ft of new office space.Investment shifts towards high-quality assetsSince 2018, Gurugram has drawn nearly $6 billion in investment inflows, according to the report.

Around half of the city's office stock is now green-certified and nearly one-third is institutionally owned, reflecting the growing presence of professionally managed commercial assets."The city accounts for around 6 per cent of India's entire REIT stock. Meanwhile, of the total 100 million sq ft, around 59 million sq ft is now green-certified, and around 35 million sq ft is institutionally owned," the report said.International occupiers have also remained active in the market, leasing more than 17 million sq ft of office space over the past five years.The report said land and site acquisitions attracted the largest share of investment capital at around 50%.

Built-up office assets accounted for about 38%, while industrial and logistics developments made up nearly 5%. The remaining 7% was spread across other asset classes.Large campuses, foreign universities add to demandCBRE said both global and domestic companies are increasingly setting up large-format campuses in Gurugram.

At the same time, foreign universities are establishing facilities in Grade A technology parks. It added that the Development Management Agreement (DMA) model is enabling capital-efficient development of institutional-quality projects.Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & North Africa, CBRE said, "Gurugram's evolution from an industrial satellite town into a 100-million-square-foot office market reflects four decades of sustained infrastructure investment, policy support, and developer confidence.

Not just scale, the city stands out in terms of quality of the real estate as well."The executive further added, "Institutional ownership, green-certified assets and strong interest from international occupiers continue to deepen, positioning Gurugram among the most mature office markets in the country."Ready to Make a Smarter Property Decision?

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