India's top six cities record 26% rise in new office supply; Pune leads

Business Standard
2025.11.09 02:38
portai
I'm PortAI, I can summarize articles.

India's top six cities saw a 26% rise in new office supply, totaling 16.1 million sq ft in Q3 2025, driven by strong demand from global and domestic firms. Pune led with a 164% increase to 3.70 million sq ft, while Delhi-NCR and Chennai also reported significant growth. However, Bengaluru and Hyderabad experienced declines. The leasing of office space rose 6% to 19.69 million sq ft. Major developers include DLF, Tata Realty, and Embassy Group, with four listed REITs expanding their portfolios.