40 Per Cent of Office Occupiers Concerned Over Quality Space By 2028
ECONOMY & POLICY

40 Per Cent of Office Occupiers Concerned Over Quality Space By 2028

CBRE Group (CBRE) reported that 40 per cent of office occupiers in India are concerned about securing high quality, well located office space through 2028 in its 2026 India Office Occupier Survey. The survey found that 55 per cent of organisations considering relocation are actively targeting better quality buildings to improve employee experience and support future growth. The results point to a clear prioritisation of building quality in occupier decision making across sectors.

Leasing activity already reflects this shift, with 41 per cent of office leasing during 2025 and the first half of 2026 taking place in investment grade assets. In core micro markets 46 per cent of leasing transactions were concentrated in investment grade buildings, while such assets accounted for 57 per cent of new completions in the period. The report said that almost half of respondents prefer core or established micro markets for new offices, and that a further 25 per cent prefer a combination of core and non core locations.

CBRE noted that location decisions continue to favour established micro markets because mature infrastructure, deep talent catchments and strong multimodal connectivity exert greater influence than pure cost advantages. The survey also indicated that occupiers should plan office moves and expansion well ahead of time as availability of high quality space in core markets remains constrained. The firm recommended that companies should plan relocation and expansion requirements in advance to ensure workplace strategies align with growth plans.

The definition of a preferred workplace is widening beyond the physical quality of an office to include flexible workspace options, commute access and AI enabled infrastructure as elements of future strategies. For landlords and developers the report recommended prioritising high quality assets and improving connectivity, while investors could focus on upgrading ageing buildings to meet growing preference for better quality workplaces. It also suggested developing quality office space in select Tier two cities to capture emerging occupier demand.

CBRE Group (CBRE) reported that 40 per cent of office occupiers in India are concerned about securing high quality, well located office space through 2028 in its 2026 India Office Occupier Survey. The survey found that 55 per cent of organisations considering relocation are actively targeting better quality buildings to improve employee experience and support future growth. The results point to a clear prioritisation of building quality in occupier decision making across sectors. Leasing activity already reflects this shift, with 41 per cent of office leasing during 2025 and the first half of 2026 taking place in investment grade assets. In core micro markets 46 per cent of leasing transactions were concentrated in investment grade buildings, while such assets accounted for 57 per cent of new completions in the period. The report said that almost half of respondents prefer core or established micro markets for new offices, and that a further 25 per cent prefer a combination of core and non core locations. CBRE noted that location decisions continue to favour established micro markets because mature infrastructure, deep talent catchments and strong multimodal connectivity exert greater influence than pure cost advantages. The survey also indicated that occupiers should plan office moves and expansion well ahead of time as availability of high quality space in core markets remains constrained. The firm recommended that companies should plan relocation and expansion requirements in advance to ensure workplace strategies align with growth plans. The definition of a preferred workplace is widening beyond the physical quality of an office to include flexible workspace options, commute access and AI enabled infrastructure as elements of future strategies. For landlords and developers the report recommended prioritising high quality assets and improving connectivity, while investors could focus on upgrading ageing buildings to meet growing preference for better quality workplaces. It also suggested developing quality office space in select Tier two cities to capture emerging occupier demand.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Modi Urges End-to-End Reforms for Infrastructure Projects

Prime Minister Narendra Modi on Tuesday called for continuous reforms across all stages of infrastructure project execution during the 53rd PRAGATI meeting. He asked ministries and state governments to adopt an end-to-end approach and a proactive work culture to ensure timely delivery. The meeting reviewed six key infrastructure projects in the railway, road and power sectors across nine states with a cumulative investment of Rs 300 billion (Rs 300 bn). Officials assessed projects on timelines, inter-agency coordination and resolution of pending issues. He said infrastructure projects should b..

Next Story
Infrastructure Transport

GMR Airports Plans US$2 bn Expansion In Delhi And Hyderabad

GMR Airports plans a US$2 billion (bn) expansion of facilities at New Delhi and Hyderabad as part of a major modernisation drive. Hyderabad’s upgraded airport will be able to accommodate about 80 million (mn) passengers a year, more than double its current annual volume of 34 mn fliers. The company is India’s largest airport operator by number of fliers annually, while rival Adani Airport Holdings Ltd is the biggest by number of airports and is reported to be looking to invest US$15 bn to boost passenger capacity over the next five years. Executives indicated the build-outs in New Delhi an..

Next Story
Infrastructure Transport

Mumbai Airport to Demolish Part of Terminal One From 15 January

Adani Group-operated Mumbai International Airport (MIAL) will begin partial demolition of the north section of Terminal one-B at Chatrapati Shivaji Maharaj International Airport from 15 January 2027, according to a letter to the civil aviation ministry. The operator has begun redistributing air traffic to Terminal two and to Navi Mumbai International Airport to facilitate the work. The airport, managed by Mumbai International Airport, currently has a capacity of over 50 million (mn) passengers and handles over 950 flight movements daily. Terminal one is nearly 80 years old and parts of it have..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement