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GCCs and MNCs drive large office leasing across India's commercial market
Knight Frank: deals above 100,000 sq ft made up 59% of H1 2026 leasing — 28.2 msf of 48 msf — with Bengaluru far ahead at 10.1 msf.

Knight Frank India's H1 2026 data shows just how concentrated demand has become. Of 48 million sq ft leased across eight major markets, large-format deals above 100,000 sq ft accounted for 28.2 million sq ft — 59% of the total. Bengaluru led with 10.1 million sq ft of large-deal leasing, while Hyderabad grew 63% year-on-year to 4.9 million sq ft. Global Capability Centres, multinationals and technology companies remain the primary occupiers.
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