India is set to become the top driver of office space growth in the Asia-Pacific region in 2026, with Bengaluru, Hyderabad, and Delhi-NCR expected to see the largest additions of Grade-A office space.CBRE forecasts Bengaluru will add 13.09 million sq ft, followed by Hyderabad at 9.25 million sq ft and Delhi-NCR at 8.98 million sq ft. Mumbai is also set to contribute over 4.3 million sq ft, according to ET. These figures put Indian cities ahead of traditional powerhouses such as Shanghai, Shenzhen, and Beijing. With three cities leading the region, India is expected to surpass China in total Grade-A office supply.Anshuman Magazine, chairman & CEO, India, South-East Asia, Middle East & Africa at CBRE, told ET, “India’s leading position in the APAC region is a manifestation of the long-term corporate conviction in the country’s growth story. Supported by our unparalleled talent and operational scale, global capability centres (GCCs) and other multinational firms are cementing their long-term presence here.”
Indian office landscapes
India’s office market is evolving rapidly, offering modern spaces that meet global standards. For international companies, investing in India’s commercial real estate is now seen as a strategic move to reduce risk. The country’s skilled workforce and growing GCC presence make it an increasingly attractive office destination.Bengaluru remains the country’s largest office hub, supported by strong corporate tenants, an established developer base, and growing infrastructure. Hyderabad is emerging as another major player, with lower operating costs, efficient governance, and modern large-format campuses.Shivam Agarwal, VP Strategic Growth at Sattva Group, told ET that India has become what China is to manufacturing—the global capability capital of the world.He added, “Sustaining this leadership demands more than momentum-it requires deliberate collaboration between real estate, government, and industry to build infrastructure and frameworks at the speed of this ambition. This is India’s generational opportunity: to move from being a destination of choice to the only choice that matters.”The surge in office space is also attracting institutional investors, REITs, and private equity funds, driven by growth in technology, BFSI, engineering, and R&D operations across southern Indian cities.
