Office Market Watch | Mumbai – H1 2026 

Mumbai’s Grade-A office market recorded 6.0 mn sq. ft. of gross absorption during H1 2026. Central Mumbai, Eastern Suburbs and Western Suburbs collectively accounted for 55% of leasing activity. BFSI remained the largest occupier segment, accounting for 26% of gross absorption, followed by tech (13%) and real estate (9%). The city also continued to command the highest office rentals with office rents increasing by 28% YoY during the period. 

Stay updated with more trends and developments from the city in our report, Office Market Watch | Mumbai – H1 2026. 

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