Financial Express-Office demand highest in India: Anshul Jain
While residential property sales saw a decline in Q3 of 2024, office leasing is going strong in top cities of the country. Anshul Jain, chief executive, India, Southeast Asia and APAC tenant representation, Cushman & Wakefield, shares his outlook for different property segments in an interaction with Raghavendra Kamath.
What is the outlook on office leasing and rents in 2025?
India has solidified its position as the ‘Office of the World’, interestingly, with office demand here among the highest in Asia, and even globally. In 2024, the pan-India gross leasing volume for the office sector is on track to surpass 80 million square feet (msf), marking a record-breaking year and the third consecutive year with over 70 msf of office leasing activity.