GENERAL28 Sept 2026
Office space leasing rises 9% in Jul-Sep across top 7 cities: Colliers
Office leasing across India's seven biggest cities rose 9 per cent in the July-September quarter, Colliers data shows. Gross leasing hit an estimated 18.7 million sq ft, up from 17.2 million a year earlier. Bengaluru, Delhi-NCR, Hyderabad and Kolkata grew, while Mumbai, Pune and Chennai fell. If you are a landlord or business owner, demand is still healthy overall, so check your own city's trend before you commit.
Key Statutory Highlights
- Gross office leasing across seven major cities rose 9 per cent to an estimated 18.7 million sq ft in July-September, from 17.2 million sq ft a year earlier.
- Bengaluru, Delhi-NCR, Hyderabad and Kolkata saw leasing rise, while demand was lower in Mumbai, Pune and Chennai.
- Gross absorption excludes lease renewals, pre-commitments and deals where only a Letter of Intent has been signed.
Actionable Advice for Taxpayers / Founders:If you are planning to lease or let out office space, review the leasing trend in your own city rather than the all-India number, and speak to a property or tax advisor before signing, since a weaker local trend may affect your terms.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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