September 14, 2025

India’s office market is quietly turning into a giant in Asia-Pacific with a whopping 1.1 billion square feet of office space. While the US rules with nearly 7 billion and China follows at 3.6 billion, India commands nearly 70% of the region’s office leasing demand. At the heart of this story is Bengaluru, along with Hyderabad and Gurgaon, making a powerful trio that accounts for 60% of India’s office leasing. Chennai is also rising strong, especially in the southern part of the country’s booming real estate. Juggy Marwaha, the savvy CEO of Prestige Office Ventures, reveals the magic behind this growth: transit-oriented, sustainable, and future-proof office campuses. "Every new Prestige office project is within 2 km of a metro station," he points out, emphasizing the importance of quick, smooth commutes since employees don’t want to spend more than 45 minutes each way. This is why real estate developers are crafting integrated ecosystems where offices, homes, and shops live happily together, connected like never before. Taking things a step further, Prestige is not waiting for others to build infrastructure. They are investing their own money to connect transport hubs! A shining example is a 300-meter flyover linking Bellandur metro station to their Lakeshore Drive campus. "The government has been supportive in granting approvals," Marwaha says, adding that private investment like this is key to making Indian cities shine on the global map. On the policy front, the government’s new land tokenisation model is winning praise from Marwaha. "It’s an excellent step," he says. Instead of fighting development, landowners can become equity partners and earn long-term revenue. This innovative idea first took shape at Magarpatta City, thanks to Satish Magar, and now many states are signing on. This means cleaner, fairer sharing of land profits and more trust in projects. Prestige is not just sticking to offices and homes. Their playbook now includes retail, hotels, data centers, logistics, and senior living. They’re also gearing up for student housing, which may take patience but offers steady income since payments come yearly upfront. In short, India’s office scene is not only expanding but evolving. With leaders like Juggy Marwaha at the helm, who focus on good commute, smart land ideas, and a mix of property types, the country is ready to rock the Asia-Pacific office market like never before!

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Tags: India office market, Juggy marwaha, Prestige office ventures, Office leasing, Transit-oriented development, Land tokenisation,