Bengaluru emerges as India’s office leasing capital in 2025, bags 6 of top 10 deals

Strong demand from GCCs, long-term leases, and preference for ready Grade-A offices drive Bengaluru to the centre of India’s office real estate boom in 2025.

India’s office real estate market has recorded strong momentum in 2025, but the clear centre of gravity is Bengaluru. Data from large leasing transactions shows that six of the top ten biggest office leasing deals in the country this year have been signed in the Karnataka capital, underlining its dominance in commercial real estate.

The most striking example is Tata Consultancy Services (TCS), which alone has leased over 31 lakh square feet of office space across key Bengaluru locations such as Yeshwantpur and Electronic City. This single move reflects both scale and long-term confidence in the city’s business ecosystem.

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Other major global and Indian occupiers are also expanding aggressively in Bengaluru. Companies like Amazon, Philips Global Business Services, Applied Materials, and Salesforce have either signed large new leases or expanded their existing footprints, signalling a clear “double down” strategy on the city.

Industry data shows that these large transactions are not short-term bets. Most of the leases are long-tenure agreements ranging from five to fifteen years. This trend highlights occupiers’ preference for stability, operational continuity, and future scalability rather than flexible or short-term arrangements.

Another key driver behind this leasing surge is the growth of Global Capability Centres (GCCs). Bengaluru continues to be the preferred destination for multinational firms setting up or expanding GCC operations due to its deep talent pool, mature IT ecosystem, and established infrastructure.

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Importantly, leasing activity in 2025 has remained concentrated in established business districts rather than emerging or peripheral markets. Tenants are clearly favouring completed, income-generating Grade-A office assets located in proven commercial hubs. This shift reduces execution risk and ensures immediate operational readiness.

While cities like Hyderabad, Mumbai and Gurugram also feature among the top leasing destinations, Bengaluru’s share stands out both in terms of deal volume and size. Six out of the ten largest transactions being in one city reinforces its leadership position in India’s office market.

Overall, 2025 has reaffirmed Bengaluru’s status as the country’s most preferred office leasing destination, driven by large corporates, global occupiers, and a strong bias towards high-quality, long-term commercial assets.

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