Gurugram's office boom hits a new high with 100 million sq ft of workspace
Gurugram's commercial real estate market has reached a milestone of 100 million square feet of office space, driven by strong leasing activity and institutional investment. The city is shifting toward sustainable, green-certified developments and is expected to continue growing through 2030.
Why it matters
The growth of Gurugram as a major commercial hub reflects broader trends in India's urban development, institutional investment, and the demand for high-quality, sustainable office infrastructure.
After a decade of sustained leasing, fresh supply and institutional investment, Gurugram’s office market passed a key milestone, with the city's total office stock crossing 100 million square feet in 2026, according to CBRE.In its Corridors & Clusters: Driving Haryana's Next Growth Phase report, the property consultant said the office market is expected to continue expanding and could reach nearly 120-125 million sq ft by 2030. The report also pointed to a structural shift in the city towards institutional-grade, sustainable office developments.The 100 million sq ft milestone follows five years of strong activity. Between 2021 and the first quarter of 2026, Gurugram recorded office leasing of 40 million sq ft while developers completed 21 million sq ft of new office space.Investment shifts towards high-quality assetsSince 2018, Gurugram has drawn nearly $6 billion in investment inflows, according to the report.
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