India's office market remains cautious despite resilient demand and selective rental gains: Report

India's office market saw demand outpace new supply in Q2 FY26, leading to modest rent increases in active areas. Despite a cautious overall sentiment, the first half of 2026 recorded significant leasing activity, driven by Global Capability Centers and flexible workspace adoption. Bengaluru and Hyderabad led leasing, though Mumbai and Pune experienced a notable slowdown in large deals.