Bengaluru Leads India’s Occupied Office Stock at 227.9 mn Sq Ft

India’s occupied office stock across eight leading markets grew 7 per cent year-on-year (YoY) to 917.7 mn sq ft as of September 30, 2026, from 859.4 mn sq ft a year earlier, according to Knight Frank India. The increase of 58.3 mn sq ft indicates sustained demand for office space across the country’s major commercial hubs.

Bengaluru remained India’s largest office market, with occupied stock rising 9 per cent YoY to 227.9 mn sq ft. The city retained its leading position as the market continued to benefit from its broad commercial base and strong demand from office occupiers.

Pune’s occupied office stock reached 101.0 mn sq ft as of September 30, 2026, up 9 per cent from 92.4 mn sq ft a year earlier. The market’s move past the 100 mn sq ft threshold marked a significant expansion in its scale as a commercial real estate destination.

Hyderabad recorded the strongest growth among the markets covered, with occupied stock increasing 11 per cent to 119.8 mn sq ft. The performance of Hyderabad, along with continued growth in Bengaluru, Pune and other leading markets, highlighted the breadth of office activity across India.

Knight Frank India said office markets were showing resilience, supported by business expansion and changing workplace requirements among occupiers. It added that Pune’s milestone reflected the market’s growing importance, while the sustained performance of the leading cities pointed to continued activity across the country’s commercial real estate sector.

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