2025 India Office Outlook

Presenting the 2025 India Market Outlook, our flagship publication providing a comprehensive view of the country’s real estate sector. Leveraging rigorous research and expert insights, this report analyses the current market dynamics at the close of FY2025 and offers a strategic forecast of future trends across segments.

Our key projections for 2025:

·         Economy—India's economic outlook remains positive, demonstrating resilience amidst persistent global economic headwinds. Stabilising inflationary trends have enabled the RBI to reduce the key policy rate in February 2025—the first such adjustment in five years. Further policy rate adjustments could be anticipated in the subsequent quarters, contingent upon suitable domestic and international economic conditions.

·         Office—We expect continued momentum in office leasing activity in 2025, reinforcing the sector’s strong growth trajectory. While established hubs such as Bengaluru, Hyderabad, Delhi-NCR, and Mumbai remain highly attractive, other key cities are poised to gain further traction due to a combination of strategically located quality supply, readily available talent pool, and occupier strategies focused on diversifying beyond gateway markets.

To delve deeper into our projections, click on the download button.