India has actually become the biggest workplace market in Asia-Pacific, representing over 70% of overall leasing activity and almost half of brand-new supply in the very first half of 2025, according to Colliers’ Asia Pacific Office Market Insights H1 2025.
Leasing throughout the leading 7 Indian cities touched 3.13 million square metres (33.7 million sq feet) in H1 2025, supported by ongoing growth of international ability centres (GCCs), durable domestic occupier activity, and a structural shift towards Grade A sustainable office.
Domestic companies represented 46% of total leasing, highlighting the increasing function of India’s homegrown corporates in forming need.
While general workplace take-up throughout the Asia-Pacific area grew 9.6% year-on-year to 4.5 million sq m, India’s contribution far outmatched its peers. Mainland China and Japan likewise anchored need, jointly contributing together with India to over 90% of APAC’s leasing activity.
Other markets saw robust however smaller-scale development. Singapore tape-recorded a twelvefold boost in renting volumes, while the Philippines and Japan signed up strong yearly gains of 56% and 55%, respectively.
These rises were off lower bases compared to India’s regularly high activity levels.
On the supply side, brand-new conclusions throughout APAC rose 45.4% year-on-year to 4.8 million sq m, with India, Mainland China, and Singapore together representing 80% of the additions. India alone provided 48% of APAC’s brand-new supply, supported by its strong Grade A pipeline.
With over 70% share in leasing and 48% of brand-new supply in H1 2025, India continues to stick out as one of the most vibrant workplace markets in the APAC area.
The robust need for Grade An office in India is driven by continued occupier growth, continual GCC activity and a diversifying need base. Domestic need, in specific, is holding up well.
“Going forward, with encouraging development policies and continual occupier momentum, India is well put for a strong efficiency in the 2nd half of 2025,” stated Arpit Mehrotra, handling director, workplace services, at Colliers India.
Professionals highlight that India’s workplace development story is no longer simply cyclical, however structural.
“India has actually moved beyond being an expense arbitrage market. It is now a tactical international center for development, skill, and ability structure. That is why we are seeing continual occupier interest throughout innovation, BFSI, and engineering services, together with a strong domestic push,” stated Shesh Rao Paplikar, creator and CEO of BHIVE Workspace.
Financiers too are banking on the nation’s long-lasting workplace development. “The flight to quality is speeding up, with occupiers plainly choosing sustainable, Grade A possessions that line up with ESG requireds. Financiers are actively chasing after green-certified advancements, which are set to end up being the next huge differentiator in India’s workplace market,” stated Quaiser Parvez, primary running officer of Knowledge Realty Trust.
Colliers included that encouraging macro principles– relieving inflation, steady rate of interest, and resistant GDP development– are more increasing occupier self-confidence.
While the need pipeline stays robust, increasing supply might put short-term pressure on job levels in choose micro-markets.
Rental development is anticipated in high-performing places with minimal accessibility of premium Grade A stock.
“The next development stage will be specified by premium and sustainable work spaces that deal with progressing occupier techniques. India leads the curve in adjusting to these patterns, which places it as the anchor market for APAC workplace financial investments,” Mehrotra stated.
Professionals concur that India’s workplace sector is going through a structural change, led by a shift to versatile, future-ready offices, increasing domestic business need, and growing financier hunger for sustainable possessions. This trajectory is anticipated to keep India securely at the centre of Asia-Pacific’s workplace market through the rest of 2025 and beyond.
