New Delhi [India], July 10 (ANI): Technology corporations remained the most important occupiers in India’s versatile workspace phase throughout the first half of 2025, contributing to just about 50 per cent of whole demand, as corporations continued to prioritise agility and expertise entry in a hybrid work setting.
Flexible workplace areas provide staff a spread of choices and work environments. Unlike conventional places of work with fastened and assigned desk positions, staff in a versatile workplace house can select the realm of the workplace that most closely fits the kind of work they should do at that second.
Occupiers within the know-how sector stay a cornerstone of workplace house demand throughout India’s high seven cities, driving Grade An area uptake in each standard and flex areas over the previous years, mentioned actual property consultancy agency Colliers.
During H1 2025, Tech occupiers leased over 10 million sq. toes of workplace house throughout the highest 7 cities, driving 40 per cent of the standard house demand, the report added.
Bengaluru and Hyderabad, which host India’s largest expertise clusters, proceed to guide tech leasing exercise, collectively driving practically 50 per cent of the standard workplace house uptake in H1 2025.
The Tech sector dominance is pushed by India’s deep expertise ecosystem, established IT infrastructure, and decrease operational & expertise prices, making it a really perfect hub for world know-how corporations.
‘India is a powerhouse of tech expertise and a key participant within the world innovation ecosystem, supported by availability of expert expertise and employment alternatives throughout Tier I in addition to rising cities of the nation,’ mentioned Arpit Mehrotra, Managing Director, Office Services, India, Colliers.
‘Leading tech cities in India account for 69 per cent of the whole tech expertise within the Asia Pacific area. Bengaluru and Hyderabad, which host the area’s largest expertise clusters, proceed to guide tech leasing exercise, collectively driving practically 50% of the standard workplace house uptake in H1 2025,’ Mehrotra added.
He additional added that With the supply of high-quality workplace house, strong IT infrastructure, and value competitiveness, India’s workplace markets will proceed to characteristic prominently among the many high locations for technology-led world financial enlargement.
The Global Tech Markets: Top Talent Locations 2025 report which examined greater than 200 world markets added that Asia Pacific area is gaining momentum as a worldwide tech expertise hub, being residence to a few of the world’s high 10 areas – Beijing in China, Bengaluru in India and Tokyo in Japan.
India and China proceed to dominate the worldwide know-how expertise panorama, with India rating among the many high locations for tech expertise each within the Asia Pacific in addition to globally.
India significantly stands out when it comes to expertise availability, with its high six cities making the highest 10 record for tech expertise acquisition within the APAC area, the report added.
Global Capability Centers (GCCs)–particularly these within the know-how space–continue to drive India’s industrial actual property momentum.
India has firmly established itself as a worldwide hub for GCC enlargement, particularly throughout its high workplace markets, with a powerful give attention to innovation, scalability, and value effectivity, the report added. (ANI)