India’s office market set for sustained growth as 77% of firms plan to expand: Report
A new survey by CBRE indicates that 77% of firms in India plan to expand their office footprints over the next two years, driven by business growth and the rise of Global Capability Centres. While AI adoption is widespread, it is increasingly becoming a primary factor in long-term real estate leasing strategies.
Why it matters
The sustained demand for office space in India signals strong economic confidence and a shift in how corporations integrate technology into physical workspaces.
India's office market is likely to maintain its expansionary trajectory over the next two years, with companies increasingly seeking high-quality, well-connected workplaces and factoring artificial intelligence (AI) into their real estate strategies, according to CBRE's 2026 India Office Occupier Survey.The survey, based on responses from more than 200 CXOs between April and June 2026, found that 77% of occupiers expect their India office portfolios to grow over the next two years, signalling continued confidence in office demand despite global uncertainties.GCCs, business growth drive office expansionThe expansion outlook is expected to be supported by sustained business growth, expansion of Global Capability Centres (GCCs) and rising demand from technology, banking, financial services and insurance (BFSI), and engineering and manufacturing companies.CBRE said the share of corporate occupiers pursuing an aggressive expansion strategy has nearly doubled from the previous year.Around 30% of firms now plan to significantly increase their office footprint over the next…
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