Bengaluru Office Market Soars with 14.8M Sq. Ft. Leased

0
435

Bengaluru’s office real estate market continues to assert its dominance as India’s leading commercial hub, recording 14.8 million square feet of leasing activity in Q2 2023 alone. This impressive growth is being driven by sustained demand from the IT/BPM sector and a strong presence of Global Capability Centers (GCCs).

Looking ahead to May 2025, the city is expected to maintain this momentum as global and domestic firms continue to expand operations, banking on Bengaluru’s robust talent pool, infrastructure, and favorable business environment. Major tech corridors such as Outer Ring Road, Whitefield, and Electronic City remain leasing hotspots, attracting large-scale occupiers seeking flexible, Grade A office spaces.

Moreover, the rise of hybrid work models and flex-space solutions is reshaping the commercial real estate landscape. Co-working operators and managed office providers are increasing their footprint, especially in tech-centric zones. Demand is being sustained by multinational firms setting up GCCs focused on AI, analytics, and software development.

With continued investments in metro rail connectivity, digital infrastructure, and ease of doing business, Bengaluru’s office sector is projected to remain resilient through 2025, offering a strong return potential for investors and developers alike.

Search
Categories
Read More
NexMates
Classic Bathroom Cleaning – Clean. Comfortable. Classy.
Keep your bathroom looking its best with NexMates' Classic Bathroom Cleaning service.We handle...
By NexMates 2025-07-02 06:24:51 0 772
NexMates
Trusted by NexMates: PropMates & Their Role in Onboarding
How PropMates Onboard Service Providers – Step by Step Exclusive Role: Only PropMates have...
By NexMates 2025-06-20 04:52:34 0 882
PROPIINN
PROPIINN Media Network: Your Trusted Real Estate Voice
At Propiinn, the Media Network is an exclusive platform dedicated to the real estate industry,...
By PROPIINN 2025-04-28 06:33:42 0 2K
Partners
The Future of Real Estate Networking: Why Digital Platforms Matter
Real estate has always been a relationship-driven industry, with agents, developers, builders,...
By PROP Partners 2025-04-29 04:40:28 0 2K
PROPIINN
Staging Tricks: Use Mirrors, Light, and Space Wisely"
Before buyers step in, their minds move in. Staging sets the tone. Mirrors: Use them to reflect...
By PROPIINN 2025-06-28 11:40:06 0 791
PROPIINN | IINNSIDE https://agent.propiinn.com