India's real estate market shows two-speed trend as commercial demand stays strong, residential inventory rises: Equirus
New Delhi, Oct. 4 -- India's real estate market is increasingly showing a two-speed trend, with office, flexible workspace and logistics segments recording strong demand even as residential markets see a rise in unsold inventory, report the "Real Estate Tracker - Sept 2026" report by Equirus.
The report said net office absorption across the top seven cities stood at 27.4 million square feet in the first half of 2026, up 2 per cent year-on-year, while office completions declined 10 per cent to 22.2 million square feet. Vacancy fell to a multi-year low of 15 per cent.
Demand from global capability centres (GCCs) remained a key driver, with GCC leasing rising 22 per cent to a record 19.2 million square feet and accounting for 45 per cent o...
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