India has established itself as the leading office real estate market in the Asia-Pacific region, driven by strong leasing interest.

India has established itself as the most resilient commercial real estate market in the Asia-Pacific region, demonstrating consistent growth in the office, retail, and industrial & logistics sectors, as reported by Coldwell Banker Richard Ellis (CBRE) in their recent Asia Pacific Market Sentiment Survey. In contrast to Greater China and Australia, where market sentiment has declined, India’s commercial property sector continues to showcase robust occupier confidence, fueled by demand from technology and financial services, along with ongoing investments from Global Capability Centres (GCCs). The Office Market Sentiment Index for India surpassed the 70% threshold between September 2024 and June 2025, marking the highest level in all Asia-Pacific (APAC) markets. Gross office leasing witnessed a year-on-year increase of 5% in Q1 FY25, reaching 18 million square feet across nine cities, primarily driven by Bengaluru, Hyderabad, the Delhi National Capital Region (NCR), and Mumbai. The leasing activity, propelled by the expansion of Information Technology (IT) and GCC occupiers, continues to flourish, unlike the slowdown observed in Korea and Singapore. The retail sector in India also demonstrates strength, with retailers strategically expanding in lucrative metro areas while avoiding the widespread store closures experienced elsewhere in the APAC region. Additionally, the industrial & logistics sector maintains a positive outlook, keeping India above the neutral mark of 50% across all three main sectors—office, retail, and logistics—making it the sole country in the region with such