Office leasing hits a record 66.4M sq ft in Jan–Sep
Summary
CBRE South Asia says India's office absorption reached 66.4M sq ft in Jan–Sep 2026, up 8% and a nine-month record.
Key points
- New supply was about 51M sq ft, up 18%, also a record.
- Q3 absorption was about 21M sq ft; Hyderabad, Bengaluru and Pune made up about 89% of Q3 completions.
- Global capability centres took a record 28M sq ft (42%); in Q3, Hyderabad had 37% of GCC take-up and Bengaluru 28%.
- Three-quarters of Q3 take-up was in buildings under ten years old.
What it means for Korean companiesWith heavy new supply in Hyderabad, Bengaluru and Pune, tenants can choose newer buildings. Compare these three first for an R&D or support centre.