Grade A office stock over 1 billion square feet, rentals set to grow by up to 9%: Knight Frank Report

New Delhi, December 24, 2025: India has been one of the most resilient markets in the Asia-Pacific region, bounded by global economic uncertainty, says a latest report by Knight Frank India. The report further highlights that the country’s domestic needs, corporate presence, and the administrative environment are responsible for the better performance of the country as related to several other countries in the Asia-Pacific region. It says that India remains a desired destination for domestic as well as global investors.

Such resilience can be noticed in the Commercial Office market, specifically in the office charter business, with major centres such as NCR experiencing the same. It is remarkable to see the Grade-A office space exceeding the one billion square feet mark in major Indian cities, with an estimated 7 to 9 per cent growth in rentals and the country being home to the best quality at an affordable rate compared to other developing and mature countries in the Asia-Pacific region.

Sanchit Bhutani, Managing Director, Group 108, says, “In the NCR, there is a consistent demand for Grade A office spaces. In regions such as Noida–Greater Noida, this demand is being driven by the growing need for technologically advanced workplace infrastructure, as GCCs and MNCs continue to scale up their footprint in the region. With upcoming infrastructure developments like the Noida International Airport further boosting demand, Noida–Greater Noida is strengthening its position as a preferred destination for office space investments.”

Azad Ahmad Lone, President, Business Development and Operations, Biigtech, says, “India’s office real estate is exhibiting strong signs of resilience despite trends of economic uncertainty across the globe. With sustained occupation demand across key cities in NCR and steady rental values, along with a limited supply of Grade A office spaces, this has brought resilience for office real estate. With emphasis on quality and leasing dynamics, we anticipate boosted investor confidence ahead.”

Mohit Batra, Regional Director, Realistic Realtors, “The cycle clearly shows a transition to well-planned, future-ready commercial developments. The focus of the occupier is now on sustainability, flexibility, and property location, which in turn triggers higher absorption in the prime office market. Such underlying factors are also helping India to beat some APAC countries in the wake of global challenges.”