Around 65–68% of the projected office supply in India in 2026-27 is expected to be delivered within integrated technology parks, reflecting a decisive shift towards investment-grade, well-amenitised developments and a structural evolution in occupier priorities, according to CBRE’s India Office Market Outlook 2026 report. The share of such offerings was 54–58% in 2024-25.

India’s total office stock is projected to surpass the 1 billion sq. ft. milestone during this year, the report added.

The country’s office market recorded its strongest year for both leasing activity and supply in 2025. Annual gross absorption rose to 83.1 million sq. ft., hitting a record high for the third consecutive year. Simultaneously, new supply reached an all-time peak of 58.9 million sq. ft., marking a 10% Y-o-Y increase. Bengaluru, Mumbai, Delhi-NCR, and Hyderabad collectively accounted for approximately three-quarters of the total leasing volume during the year. Furthermore, sustainability remained a central focus, with green-certified assets accounting for 87% of completions throughout 2025.

Anshuman Magazine, Chairman and CEO, India, South-East Asia, Middle East and Africa, CBRE, said that the rise in supply within integrated tech parks reflects a deliberate convergence between developer strategies and the evolving needs of institutional occupiers.

“As global capability centres (GCCs) deepen their mandates into Research & Development and product ownership, the quality of the real estate ecosystem they operate in becomes a direct input into their ability to attract and retain specialised talent. India is building that ecosystem at scale, and the leasing data confirms that occupiers are responding,” he said.

In 2025, GCCs accounted for approximately 39% of total office absorption, leasing around 32.8 million sq. ft. across India’s major office markets. Bengaluru, Hyderabad, and Delhi-NCR cumulatively accounted for 69% of space take-up by GCCs during the year. Significantly.  In 2026, these centres are expected to expand further, with a sharper focus on high-complexity R&D roles and global product ownership. Furthermore, R&D-focused GCCs have grown 1.3X faster than overall GCC set-ups in India since 2020.

The report noted that the preference of GCCs for integrated tech park environments has remained consistent, in line with their expansion plans. According to CBRE’s India Office Occupier Survey 2025, approximately 65% of GCC occupiers expect to expand their portfolios by 10% or more by 2027.

Ram Chandnani, Managing Director, Leasing, CBRE India, said that there is a decisive shift towards Grade-A+ offerings, but this is no longer just about superior construction or prime locations.

“Occupiers today are prioritising technology-enabled, wellness-centric environments that enhance productivity and attract top talent. As Global Capability Centers (GCCs) deepen their presence in India, the bar is being raised further, with a growing need for infrastructure that can support highly specialised functions including AI. It is becoming evident that digital infrastructure is now as critical as physical infrastructure and employee experience is a key driver of real estate decisions. As we move into 2026, buildings that successfully integrate smart technology, flexibility, and human-centric design will define the next wave of demand,” he said.

Magazine added, “As enterprises scale AI-driven functions like data engineering, automation, and model development, demand is expected to shift towards high-quality, tech-enabled office environments capable of supporting these advanced workflows, further sustaining the need for premium spaces in major hubs.”