Quality office space shortage worries 40% of India occupiers: CBRE survey
CBRE's 2026 India Office Occupier Survey finds 40% of occupiers worried about quality space availability through 2028, with demand shifting to premium, well-connected assets.
A new survey by CBRE has found that nearly 40% of office occupiers in India are worried about securing high-quality, well-located office space through 2028. The concern comes as companies increasingly prioritise better buildings to enhance employee experience and support growth, with 55% of those considering relocation actively targeting such spaces.
This preference is already visible in leasing trends. Between the first half of 2025 and the first half of 2026, 41% of all office leasing in India took place in investment-grade assets. In core micro-markets, this share rose to 46%, while such buildings accounted for 57% of new completions during the same period.
Location remains a key factor. Around 47% of respondents said they prefer core or established micro-markets for new offices, while another 25% favour a mix of core and non-core locations. CBRE noted that mature infrastructure, deep talent pools, and strong multimodal connectivity are driving these choices, often outweighing pure cost advantages.
The survey also highlights the need for occupiers to plan moves and expansions well in advance, as the availability of premium space in core markets remains constrained. Beyond physical quality, flexible workspaces, commute access, and AI-enabled infrastructure are increasingly shaping future workplace strategies.
For landlords and developers, CBRE recommends prioritising high-quality assets and improving connectivity. Investors are advised to consider upgrading ageing buildings, while the report also suggests developing quality office space in select Tier-II cities to tap emerging demand.