New office supply rises 26% across top cities; Pune leads with 3.7 mn sq ft

13 Nov 2025 CW Team

India’s top six cities recorded a 26 per cent annual rise in new office space supply during the July–September 2025 quarter, touching 16.1 million sq ft, according to real estate consultant Vestian. The growth reflects developers’ efforts to capitalise on rising demand for Grade-A workspaces from global and domestic occupiers.

Supply Break-up by City

Vestian’s data highlights strong activity across several markets:

• Pune led with 3.70 million sq ft, a 164 per cent year-on-year surge.

• Delhi-NCR saw a 35 per cent rise to 3.10 million sq ft.

• Chennai posted a significant 320 per cent jump to 2.1 million sq ft.

• Mumbai doubled its fresh supply to 1.80 million sq ft.

• Bengaluru, India’s largest office market, saw a 6 per cent decline to 3.40 million sq ft.

• Hyderabad recorded a 51 per cent drop to 2 million sq ft.

• Kolkata, the seventh city tracked by Vestian, saw no new supply during the quarter.

Office leasing across the seven major cities rose 6 per cent, reaching 19.69 million sq ft. The increase was driven largely by sustained expansion from global capability centres (GCCs), technology firms and large corporates.

Leading office space developers include DLF Ltd, Tata Realty & Infrastructure, Hiranandani Group, Embassy Group, Prestige Estates, Sattva Group and RMZ Group.

India’s four listed REITs—Knowledge Realty Trust (Sattva-Blackstone), Embassy Office Parks REIT, Mindspace Business Parks REIT and Brookfield India Real Estate Trust—continue to expand portfolios through greenfield and brownfield developments, supported by strong leasing momentum and stable rental income.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..