Business
India office market stays robust: Demand projected at 70-75 million sf and new supply likely to touch 60-65 million sf in 2026: Colliers
India's office market is poised to sustain its growth trajectory in 2026, with Grade A demand projected at 70-75 million sq ft and new supply at 60-65 million sq ft, supported by a deeper and more diversified occupier base, evolving occupier preferences and increasing institutionalization of the asset class. Colliers' latest report "2026 India office: Unlocking agility, vitality and flight-to-quality", highlights five intrinsic drivers that will shape the next phase of structural growth and occu
About this update from Colliers International Group Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Flex operators set to account for 15-18 million sf of annual leasing in 2026, contributing to 20-25% share","length":106,"tagName":"p"}]},{"val":[{"type":"text","content":"More than 380 million sf of existing Grade A office stock holds the potential to be listed in future REITs","length":106,"tagName":"p"}]},{"val":[{"type":"text","content":"~80% of leasing is likely to be concentrated in green certified buildings; PropTech and AI inclusion to deepen across asset lifecycle","length":133,"tagName":"p"}]},{"val":[{"type":"text","content":"By 2030, Grade A office stock is likely to surpass 1 billion sf mark, meanwhile annual demand and new supply to touch 90-100 million sf and 75-85 million sf respectively","length":169,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":514,"olType":false},{"type":"text","content":"BENGALURU, India, March 18, 2026 /PRNewswire/ -- India's office market is poised to sustain its growth trajectory in 2026, with Grade A demand projected at 70-75 million sq ft and new supply at 60-65 million sq ft, supported by a deeper and more diversified occupier base, evolving occupier preferences and increasing institutionalization of the asset class. Colliers' latest report "2026 India office: Unlocking agility, vitality and flight-to-quality", highlights five intrinsic drivers that will shape the next phase of structural growth and occupier resilience – accelerated Global Capability Center (GCC) expansion, rising flex adoption, shift towards REIT-led ownership, tech-enabled workspaces and sustainability focused, climate resilient workplaces.","length":776,"tagName":"p"},{"type":"image","alt":"Arpit Mehrotra, Managing Director, Office Services, Colliers India.","displaySize":"","headline":null,"caption":"Arpit Mehrotra, Managing Director, Office Services, Colliers India.","className":"","disableSlideshowImg":false,"size":{"original":{"width":293,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/13596685142bb9503e96ee75832155c1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/OGN2gjb3hmUgSqVS2B4ARg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTU3MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/13596685142bb9503e96ee75832155c1","width":293,"height":400}},"href":"https://mma.prnewswire.com/media/2936740/Arpit_Mehrotra.html","hrefExternal":true,"...