Snapshot from May 30, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / India Q1 2026 Office Leasing Report
Business real estate report

India Q1 2026 Office Leasing Report

Analysis based on 7 articles · First reported May 08, 2026 · Last updated May 08, 2026

Sentiment
60
Attention
4
Articles
7
Market Impact
Direct
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Market Impact

The report from Knight Frank indicates a robust and growing commercial real estate market in India, particularly in large office spaces, which is positive for investors in Indian real estate and related sectors. The sustained demand from Global Capability Centres, technology firms, and multinational corporations reflects confidence in India's economic growth, potentially attracting more foreign investment.

Real Estate Technology Financial Services
Event Summary

Knight Frank India released a report for Q1 2026, highlighting that large office space transactions (100,000 sq ft and above) dominated India's commercial leasing market, accounting for 65% of the total 29.9 million sq ft transacted. India — Bengaluru led this segment with 7 million sq ft, while India — Hyderabad and India — Mumbai showed significant year-on-year growth of 69% and 81% respectively. Viral Desai of Knight Frank India noted strong demand from Global Capability Centres, technology firms, and multinational corporations, underscoring confidence in India's long-term growth and its position as a global business hub. Mid-segment and small office spaces also saw growth, with India — Mumbai leading the small office category.

Key Actions
90 Knight Frank published report
Entities Involved
cnt
India
India's commercial office market is the primary subject of the report, showing strong growth and demand for large office spaces, reflecting confidence in its long-term growth story as a global business hub.
Importance 100 Sentiment 70
loc
India — Bengaluru
India — Bengaluru maintained its primary position in large office leasing, recording 7 million sq ft of transactions, comprising 77% of its total leasing volume.
Importance 90 Sentiment 60
loc
India — Hyderabad
India — Hyderabad emerged as the second-largest market for large office transactions, with 4.4 million sq ft, marking a 69% increase year-on-year.
Importance 85 Sentiment 70
loc
India — Mumbai
India — Mumbai reported significant growth in large office transactions, rising 81% to 2.9 million sq ft, and also led the small office segment.
Importance 85 Sentiment 70
priv
Knight Frank
Knight Frank India published a report detailing the Q1 2026 commercial office leasing activity in India, highlighting the dominance of large office space transactions.
Importance 80 Sentiment 50
per
Viral Desai
Viral Desai, International Partner and Senior Executive Director at Knight Frank India, provided expert commentary on the market trends, emphasizing strong demand from large occupiers and the growth in India — Hyderabad and India — Mumbai.
Importance 40 Sentiment 0
loc
India — National Capital Region (India)
India — National Capital Region (India) (NCR) saw 2.7 million sq ft of transactions in the large office category and 0.9 million sq ft in the small office segment.
Importance 30 Sentiment 50
loc
India — Pune
India — Pune recorded 1.8 million sq ft in large office deals and 0.7 million sq ft in the small office segment.
Importance 30 Sentiment 50
loc
India — Ahmedabad
India — Ahmedabad's market was primarily driven by small and mid-sized leases.
Importance 10 Sentiment 40
loc
India — Kolkata
India — Kolkata's market was primarily driven by small and mid-sized leases.
Importance 10 Sentiment 40
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