India’s commercial real estate market is witnessing continued traction, as recent data on city-wise largest office lease deals highlights strong demand from global corporations across major business hubs. The transactions, spread across Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Chennai and Noida, underline the sustained appetite for large, high-quality office spaces in prime locations.
According to the compiled data, Bengaluru tops the list with the largest single-city office lease, where Alphabet has taken up around 2.4 million square feet at Alembic City. The deal reinforces Bengaluru’s position as India’s largest technology and global capability centre hub, driven by demand from multinational companies expanding their operations in the city.
In Mumbai, JP Morgan has leased approximately 1.3 million square feet of office space in Powai, reflecting continued interest in well-established commercial micro-markets within the Mumbai Metropolitan Region. The transaction highlights the role of Mumbai as a key financial and services hub, supported by demand from global banking and financial services firms.
Pune has also featured prominently, with Citigroup leasing about 770,000 square feet at the Panchshil Business Hub. The deal adds to Pune’s growing profile as a preferred destination for IT and financial services back-office and technology operations.
In Hyderabad, Apple has taken up nearly 630,000 square feet at the WaveRock Campus, further strengthening the city’s position as a major technology and innovation centre. Hyderabad has seen increasing interest from global technology companies seeking large, campus-style office developments.
The NCR region recorded two major transactions. In Gurugram, Google leased around 617,000 square feet at Atrium Place, while in Noida, EY Global Delivery took up about 172,000 square feet at Embassy Oxygen Business Park. These deals underline NCR’s continued importance as a corporate and professional services hub.
In Chennai, Amazon leased approximately 220,000 square feet at Ramanujan IT City, reflecting steady demand from technology and e-commerce companies for office space in established IT corridors.
Together, these large transactions point to a broader trend of sustained demand for Grade-A office spaces across India’s top cities. The focus on large, consolidated офис footprints indicates continued confidence among global corporations in India’s commercial real estate markets and long-term business growth prospects.
Also Read: Sattva Group Proposes 100-Meter High-Rise Landmark in Jigani, South Bengaluru
