India’s Office Leasing Market: Demand Could Exceed 70 Million Square Feet in 2024 india-briefing.com
India has set a new record for the office real estate market in 2024, reflecting heightened activity and confidence among occupiers and investors. According to several reports, large office space deals across key cities, particularly by multinational corporations, were a significant driver of this robust leasing activity. India’s Silicon Valley, Bengaluru, has emerged as the leading market, contributing substantially to pan-India fresh demand with numerous large deals closing in the city.
