New Delhi, Aug. 6 -- Global annual office net absorption stands at approximately 350 million square feet. Asia accounts for nearly 100 million square feet of this total, with India commanding a dominant 60 million square feet, underscoring the country's position as the office capital of the world. Yet, when we look at these numbers against a total global inventory of 15 billion square feet and a US market of 5 billion square feet, India's current figure of 900 million square feet footprint indicates that this growth story is just beginning.

This structural growth is changing how companies pick their next destination. Historically, India's economic growth was limited to a handful of tier-one metros. But today, as multinational companies r...