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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.

Source: IBEF1 min readSign in to download

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.

Read the full story at IBEF.

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