- Two killed in explosion at gunpowder manufacturing unit in Rajasthan's Nagaur
- TGSRTC Plans Special Buses to Sabarimala during pilgrim season
- Congress MP Akoijam gets relief as Delhi court bars coercive action without 7-day notice
- Google Offers Voluntary Exit Packages to Employees in Five Countries
- AP ZPTC MPTC election: Voter Turnout of 4.8% recorded by 9am
- Four killed after car plunges into river in Uttarakhand's Uttarkashi; search on for missing
- Rupee opens 29 paise higher, Brent crude falls 1 pc on hopes of Iran war exit
- Gold and silver rates today 5 Nov surges in Bengaluru and Chennai, check gold prices of 18K, 22K, 24K
Mumbai office demand to accelerate through 2030, grow 12–15% annually
In Short
CBRE report projects Mumbai's office demand to grow at a 12-15% CAGR from 2027 to 2030, with total office stock expanding significantly.
Share :
Mumbai office demand to accelerate through 2030, grow 12–15% annually
Mumbai: Mumbai’s office real estate market is poised for a significant expansion over the next four years, with office demand projected to grow at a compound annual growth rate (CAGR) of 12–15 per cent between 2027 and 2030, a new report said.
The projected growth marks a significant jump from Mumbai’s average annual office leasing of around 11.8 million sq. ft. recorded during 2022-2026 (estimated), according to the India Mid-Year Market Outlook FY2027 released at the CII Real Estate Summit 2026 in Mumbai.
The city’s total office stock is also projected to grow 1.3 times by 2030, underlining the scale of expansion expected in the commercial real estate market.
According to the CBRE Research report, Mumbai accounted for approximately 16 per cent of India’s national office inventory as of the first half of 2026.
AP MPTC ZPTC election Live Updates: Polling Under Way for parishad elections
24-hour deadline to produce accused before Magistrate runs from actual detention, not formal arrest: SC
CJP Leaders Saurav and Ashutosh Summoned By Delhi Police
Minister Ponguleti Felicitates SDRF Personnel for Meritorious Flood Rescue Services
Over 14% Polling in NTR, 15% in Krishna District Till Morning
CM Chandrababu Urges High Turnout in Parishad Polls
