The technology sector has emerged as the single largest driver of India’s Grade-A office leasing in the first half of 2025, accounting for nearly 40% of total demand, according to Colliers India. Bengaluru has solidified its position as the country’s commercial hub, Bengaluru has solidified its position as the country’s commercial hub, or 28% of the national total.
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Large-scale deals—covering 100,000 sq ft or more—formed the backbone of activity, comprising 51% of leasing volumes across the top seven cities. Nationally, tech firms committed more than 10 million sq ft in H1 2025, with South India dominating the market through Bengaluru, Hyderabad, and Chennai. Bengaluru’s Outer Ring Road and Whitefield micro-markets emerged as major hotspots, alongside Hyderabad’s SBD and Off-SBD, and Chennai’s OMR Zone.
The sector’s influence extends beyond conventional offices. Flexible workspaces remain in high demand, with tech companies contributing 40–50% of total leasing in the co-working segment, particularly in Bengaluru, Hyderabad, and Pune.
Since 2020, technology occupiers have taken up 85 million sq ft of premium office space in major cities, reflecting sustained momentum. Analysts attribute this growth to the rapid rise of Global Capability Centres (GCCs) and accelerating adoption of AI, cloud computing, and cybersecurity.
Industry body NASSCOM projects India’s GCC count to expand from around 1,800 today to over 2,400 by 2030, generating revenues exceeding USD 100 billion—a trajectory that cements Bengaluru’s role at the heart of the nation’s tech-driven real estate boom.