New Delhi, Oct. 30 -- Office leasing across Bengaluru, Mumbai and Delhi-NCR declined 13.6 per cent year-on-year in the July-September quarter of 2026, even as prime office rents rose by an average of 7.5 per cent annually, according to a report by real estate consultancy Knight Frank.

The 'Asia-Pacific Research, Office Markets - Q3 2026' report showed that combined office leasing across the three cities stood at 7.6 million square feet during the quarter.

Despite the decline in leasing activity, demand for prime office spaces remained strong, supported by global capability centres (GCCs), flexible workspace operators and domestic businesses.

Shishir Baijal, Chairman and Managing Director, Knight Frank India, said, "Rental growth across...