Savills India Report -Knowledge series Delhi NCR

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India Office Market Watch | H1 2026

Office Market Watch | India – H1 2026

Our latest report, Office Market Watch | India – H1 2026, throws light on key trends witnessed across India’s office market in the first half of 2026 and covers the cities of Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune.

Key Highlights:

-India’s office market remained resilient in H1 2026, with gross absorption reaching 41.6 mn sq. ft. across India’s top six cities. 

-New office supply moderated by 5% YoY in H1 2026, with completions reaching 23.7 mn sq. ft., reflecting a calibrated pace of additions amid steady occupier demand. 

-Bengaluru led the market with 30% QoQ growth in office absorption, followed by Chennai (22%) and Mumbai (14%).

-GCCs continued their role as the principal demand driver, representing 48% of overall leasing activity during H1 2026.  

-The tech sector led the absorption with 35% share in the first half, followed by flex spaces and BFSI at 18% and 15%, respectively. 

Our report has all the details. Download it today!

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