Office leasing down 2% in Apr-Jun across top 7 cities; new supply falls 28%: Colliers

Office space leasing across seven major Indian cities saw a slight dip of 2% to 17.4 million sq ft in April-June, primarily due to reduced new supply. While Bengaluru, Delhi-NCR, and Hyderabad experienced growth, Mumbai, Pune, Chennai, and Kolkata reported declines. Despite global economic uncertainties, the office market demonstrated resilience, with Grade A space uptake remaining largely stable.