Cushman & Wakefield

“leasing by these centres rising nearly 38 per cent year-on-year to around 16.5 million square feet (MSF).”

“GCCs accounted for 38 per cent of the country's total office leasing during the period”

“Bengaluru remained the country's biggest GCC market, recording 5.36 MSF of leasing in H1 2026.”

“Pune followed with 3.01 MSF”

“Delhi NCR and Mumbai recorded 2.37 MSF and 2.23 MSF, respectively.”

“GCC occupiers leased nearly 8 MSF, accounting for 37 per cent of the country's quarterly office leasing.”

“GCCs were responsible for more than half of Bengaluru's gross leasing in Q2, accounting for 52 per cent of the city's activity.”

“Bengaluru recorded 10.3 MSF of gross leasing during H1, alongside 8.8 MSF of new office supply.”

“Pune recorded an identical 52 per cent GCC share of quarterly leasing, with GCC occupiers taking up 1.66 MSF during the quarter.”

“GCCs made up 46 per cent of Chennai's Q2 leasing and 37 per cent of Hyderabad's.”

“For the first half as a whole, GCCs accounted for a record 51 per cent of Chennai's leasing.”

“In Delhi NCR, GCC leasing reached 1.4 MSF in Q2, increasing 50 per cent from the previous quarter and 8 per cent from the same period a year earlier.”

“Hyderabad's overall office vacancy fell to 19.1 per cent, while vacancy in Grade A+ properties stood at 3.9 per cent.”

“India's top eight office markets recorded 43 MSF of gross leasing in H1, 5 per cent higher than a year earlier.”

“Pan-India office vacancy declined to 13.7 per cent in Q2, extending the run of compression to 12 consecutive quarters.”

“IT-BPM accounted for the largest share of H1 leasing at 22 per cent.”

“BFSI followed with 19 per cent”

“Engineering & Manufacturing accounted for 16 per cent”

“Monthly rents for retail space in Delhi's upscale Khan Market rose 9 per cent year-on-year in the April-June quarter”

“South Extension I & II recorded the sharpest year-on-year rental growth at 10 per cent, rising to Rs 850-900 per square foot per month”

“Connaught Place's Inner Circle saw rents rise 2 per cent to Rs 1,250-1,300 per square foot”

“Galleria Market in Gurugram grew 4 per cent to Rs 1,250-1,350 per square foot”

“Greater Kailash-I (M Block) posted a 2 per cent rise to the same range”

“Karol Bagh rents increased 2 per cent to Rs 415-425 per square foot”

“Lajpat Nagar rose 3 per cent to Rs 300-320 per square foot”

“Rajouri Garden edged up 2 per cent to Rs 260-270 per square foot”

“Punjabi Bagh climbed 4 per cent to Rs 275-285 per square foot”

“Noida's Sector 18 registered 5 per cent growth to Rs 210-230 per square foot”

“Gurugram's Sector 29 rose 3 per cent to Rs 180-200 per square foot”

“Retail space take-up across shopping malls and major high streets in Delhi-NCR more than doubled to 0.67 million square feet in April-June, up from 0.30 million square feet a year earlier”

“Malls accounted for 63 per cent of the quarterly leasing volume, with main streets making up the remaining 37 per cent”

“For calendar year 2025, retail leasing in Delhi-NCR touched 2.25 million square feet, the highest since 2019, marking an 83 per cent jump over the previous year”

“Main streets drove 55 per cent of annual leasing activity, while malls accounted for the remaining 45 per cent”