+
Offshoring Industry Drives Over 46% of Office Space Leases in India
Real Estate

Offshoring Industry Drives Over 46% of Office Space Leases in India

A recent report reveals that the offshoring industry has played a significant role in India's commercial real estate sector, securing over 46% of office space leases. This underscores the sector's robust growth and its enduring appeal as a key contributor to India's office space market.

The dominance of the offshoring industry in office space leasing reflects its resilience and continued expansion despite global economic uncertainties. With a strong presence in major Indian cities, offshoring companies remain a driving force behind the demand for commercial real estate.

The report's findings highlight the importance of the offshoring sector as a major tenant in India's office property market. Its sustained demand for office space underscores the sector's confidence in India's business environment and its long-term growth prospects.

The offshoring industry's significant share of office space leases underscores its pivotal role in shaping the dynamics of India's commercial real estate market. As the sector continues to evolve and expand, it is expected to remain a key driver of demand for office space across the country.

The report's insights into the offshoring industry's leasing activity provide valuable perspective for stakeholders in the commercial real estate sector. Understanding the sector's preferences and requirements can help developers and landlords better tailor their offerings to meet the needs of offshoring companies, driving further growth and innovation in India's office space market.

A recent report reveals that the offshoring industry has played a significant role in India's commercial real estate sector, securing over 46% of office space leases. This underscores the sector's robust growth and its enduring appeal as a key contributor to India's office space market. The dominance of the offshoring industry in office space leasing reflects its resilience and continued expansion despite global economic uncertainties. With a strong presence in major Indian cities, offshoring companies remain a driving force behind the demand for commercial real estate. The report's findings highlight the importance of the offshoring sector as a major tenant in India's office property market. Its sustained demand for office space underscores the sector's confidence in India's business environment and its long-term growth prospects. The offshoring industry's significant share of office space leases underscores its pivotal role in shaping the dynamics of India's commercial real estate market. As the sector continues to evolve and expand, it is expected to remain a key driver of demand for office space across the country. The report's insights into the offshoring industry's leasing activity provide valuable perspective for stakeholders in the commercial real estate sector. Understanding the sector's preferences and requirements can help developers and landlords better tailor their offerings to meet the needs of offshoring companies, driving further growth and innovation in India's office space market.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?