India Inc. is set to become a key driver of office space demand over the next two years, with 85 per cent of domestic firms planning to expand their office footprint, according to CBRE's latest India Office Occupier Survey 2025.
The findings have been revealed by the report titled 'CBRE India Office Figures Q1 2024' by CBRE South Asia Pvt. Ltd. The surge in activity by flexible office space operators shows the evolving dynamics of the Indian office leasing landscape.
According to a media release, in 2023, retail leasing reached an all-time high, totalling 7.1 million sq. ft. across eight major cities, marking a 47 per cent year-on-year increase.