Rentals across India’s key office markets up 4-8% in March quarter, Colliers

India's prime office markets witness 4-8% yearly rental rise driven by demand and quality supply, surpassing pre-pandemic levels in 2024. Occupiers across Asia Pacific are willing to pay more for superior offices. High-growth markets like MG Road Delhi and SBD1 Bengaluru show up to 20% rental growth. Flex spaces expand rapidly, constituting 15-20% of top 6 cities' office leasing.