India’s office vacancy drops to 13.85%

New Delhi: Office vacancy across the top eight cities is at its lowest in Q426, since the pandemic as corporates fully returned to work and GCCs continue to lease office space despite the geopolitical tension. The vacancy averaged 13.85%, declining by 48 basis points quarter‑on‑quarter (QoQ) and 191 basis points year‑on‑year (YoY), against 17.93% in Q423, according to Cushman & Wakefield’s data. “India’s office market has carried forward the momentum of 2025 into the first quarter of this ye...