Hyderabad’s new office supply drops 51% even as other cities expand
Real Estate

Hyderabad’s new office supply drops 51% even as other cities expand

Hyderabad witnessed a 51 per cent decline in new office space supply during the July–September 2025 quarter, even as India’s top six cities collectively recorded a 26 per cent annual rise, according to data from US-based real estate consultant Vestian.
The city added around 2 million sq ft of new office stock during the period, significantly lower than the year-ago level. Despite the muted supply, sustained demand from global capability centres (GCCs) and corporates kept nationwide absorption on an upward trajectory.

Supply Trends Across Major Cities
  • Pune led all markets with 3.70 million sq ft, marking a 164 per cent year-on-year surge.
  • Delhi-NCR saw new supply rise 35 per cent to 3.10 million sq ft.
  • Chennai recorded an exceptional 320 per cent jump to 2.1 million sq ft.
  • Mumbai doubled its supply to 1.80 million sq ft.
  • Bengaluru, India’s largest office market, registered a 6 per cent decline to 3.40 million sq ft.
  • Kolkata, the seventh city tracked by Vestian, saw no new supply in the quarter.
Absorption Remains Steady
Overall office leasing across the seven major cities rose 6 per cent, reaching 19.69 million sq ft in Q3 2025. Strong demand from occupiers continued to drive expansion plans across sectors, particularly IT/ITeS and GCCs.

Key Developers and REIT Activity
Leading developers active in the commercial segment include DLF Ltd, Tata Realty & Infrastructure, Hiranandani Group, Embassy Group, Prestige Estates, Sattva Group and RMZ Group.
India’s four listed REITs—Sattva-Blackstone backed Knowledge Realty Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT and Brookfield India Real Estate Trust—continue to expand through a mix of greenfield and brownfield projects, supported by large rent-yielding portfolios.

Hyderabad witnessed a 51 per cent decline in new office space supply during the July–September 2025 quarter, even as India’s top six cities collectively recorded a 26 per cent annual rise, according to data from US-based real estate consultant Vestian.The city added around 2 million sq ft of new office stock during the period, significantly lower than the year-ago level. Despite the muted supply, sustained demand from global capability centres (GCCs) and corporates kept nationwide absorption on an upward trajectory.Supply Trends Across Major CitiesPune led all markets with 3.70 million sq ft, marking a 164 per cent year-on-year surge.Delhi-NCR saw new supply rise 35 per cent to 3.10 million sq ft.Chennai recorded an exceptional 320 per cent jump to 2.1 million sq ft.Mumbai doubled its supply to 1.80 million sq ft.Bengaluru, India’s largest office market, registered a 6 per cent decline to 3.40 million sq ft.Kolkata, the seventh city tracked by Vestian, saw no new supply in the quarter.Absorption Remains SteadyOverall office leasing across the seven major cities rose 6 per cent, reaching 19.69 million sq ft in Q3 2025. Strong demand from occupiers continued to drive expansion plans across sectors, particularly IT/ITeS and GCCs.Key Developers and REIT ActivityLeading developers active in the commercial segment include DLF Ltd, Tata Realty & Infrastructure, Hiranandani Group, Embassy Group, Prestige Estates, Sattva Group and RMZ Group.India’s four listed REITs—Sattva-Blackstone backed Knowledge Realty Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT and Brookfield India Real Estate Trust—continue to expand through a mix of greenfield and brownfield projects, supported by large rent-yielding portfolios.

Next Story
Real Estate

ANAROCK Launches Project Management And Engineering Arm

ANAROCK has announced the strategic launch of its Project Management & Engineering Services (PMES) vertical, marking a major expansion of its real estate capabilities. The move positions the company as a comprehensive, one-stop solutions provider offering seamless project delivery from concept to completion. The PMES vertical has commenced operations with more than 500 professionals and 42 active client contracts. It is expected to generate over Rs 1.25 billion in revenue in FY 2026–27, contributing significantly to ANAROCK’s group-wide revenue target of Rs 11 billion. The company has out..

Next Story
Infrastructure Energy

Seequent To Showcase Geoscience Tech At FMF 2026

Seequent will participate in the fifth edition of the Future Minerals Forum, scheduled to take place in Riyadh from 13 to 15 January 2026. The company will present its geoscience technologies, underscoring its role in advancing data-driven mineral exploration in Saudi Arabia and engaging with industry leaders on the future of the regional mining sector. The participation aligns with Seequent’s commitment to supporting the objectives of Saudi Vision 2030 and highlights its involvement in major mining projects across the Kingdom. Visitors will be able to explore Seequent’s integrated suite ..

Next Story
Infrastructure Energy

Maruti Suzuki, Indian Oil Tie Up For Service At Fuel Stations

Maruti Suzuki India Limited has signed a memorandum of understanding with Indian Oil Corporation Limited to establish vehicle service facilities at select Indian Oil fuel retail outlets across the country. The partnership aims to make car servicing more convenient by offering maintenance support at locations frequently visited by customers. Under the initiative, customers will be able to access routine maintenance, minor repairs and select major services at these facilities. The move is expected to further strengthen Maruti Suzuki’s after-sales footprint, which already includes more than 5,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App