India has emerged as Asia-Pacific’s strongest office real estate market, owing to a dramatic increase in lease sentiment across all categories. According to CBRE’s most recent Asia-Pacific Market Sentiment Survey, India is one of the few APAC countries with sentiment indexes for office, retail, and industrial & logistics all crossing neutral 50%, showing broad-based market strength.
The office sector has demonstrated extraordinary growth. Between September 2024 and June 2025, sentiment in India rose beyond 70%, indicating increased confidence in leasing activities. The country has now joined Japan and Singapore as one of the region’s most robust office marketplaces. Demand from major areas such as IT, BFSI, and Global Capability Centres continues to drive growth.
Anshuman Magazine, CBRE’s Chairman and CEO for India, South-East Asia, the Middle East, and Africa, emphasised India’s appeal as a stable investment location with a diverse occupier base. Ada Choi, CBRE’s Head of Research APAC, stated that India’s office market is exhibiting rental stability and increased demand even as other APAC countries see slow activity.
CBRE also reported a 5% year-on-year rise in gross office leasing across nine cities in Q1 2025. Despite slight leasing declines elsewhere, India’s retail and industrial sectors remain stable, indicating strong long-term fundamentals.