India’s Next Office Growth Cycle

India’s office market is entering a new growth phase, underpinned by sustained corporate expansion, record leasing activity and strong occupier confidence. As demand continues to accelerate, workplace strategies are increasingly shaped by asset quality, connectivity, employee experience and long-term value creation. At the same time, Global Capability Centres (GCCs) are evolving into strategic engines of innovation, engineering, digital transformation and analytics, reinforcing demand for high-quality office environments across India.

This report, launched at the RICS India CRE Conference 2026 in Bengaluru in September 2026, examines the five key forces shaping India’s next office growth cycle, drawing insights from India Office Occupier Survey 2026 and broader market trends.

• Record leasing momentum and sustained occupier expansion continue to propel office demand.
• Occupiers are increasingly prioritising high-quality, well-connected and future-ready workplaces.
• GCCs remain at the forefront of office demand, business transformation and capability-led growth.
• Commute infrastructure and transit connectivity have emerged as critical drivers of location and asset selection.
• Sustainability is advancing from target-setting to measurable action, with a growing focus on energy efficiency, renewable energy adoption and water stewardship.

Download the full report to explore how these five forces are reshaping India’s office landscape and what they mean for occupiers, developers and policymakers as the market enters its next phase of growth.