Bengaluru MarketBeat Reports
Suvishesh Valsan • 25/09/2025
Cushman & Wakefield Bengaluru MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
CURRENT MARKETBEATS

Bengaluru Office Report
Bengaluru office market saw gross leasing volume (GLV) of 5 MSF in Q2-25, a 2.4% q-o-q growth. Meanwhile, net absorption stood at 3.5 MSF, marking a 41% q-o-q increase. IT-BPM (59%), flexible workspaces (14%) and engineering & manufacturing (13%) were the top 3 sectors. Outer Ring Road (ORR) submarket contributed ~32% to Q2 GLV, followed by the Peripheral East (19% share). The city saw new supply of 3 MSF while headline vacancy stood at 9.3%. Headline office rentals remained stable q-o-q.

Bengaluru Retail Report
Bengaluru saw retail leasing volumes of ~0.18 MSF in Q2-25. Mall leasing volume more than doubled compared to Q1-25. Main streets comprised 45% of total space take-up. Fashion segment led with 35% share, followed by the F&B segment (30% share) and the super/hypermarkets segment (13% share). City headline vacancy in Grade A malls stood at 5.6% while Grade A+ malls witnessed extremely tight vacancies (under 3%). Mall rentals remained unchanged while prominent main streets witnessed a 1-2% q-o-q growth.

Bengaluru Residential Report
Bengaluru recorded 12,844 residential unit launches in Q3-25, a 7% q-o-q growth, driven by the anticipated demand in the upcoming festive season. The North submarket led with 60% share, followed by South/South-East (19%) and East (18%) submarkets. The high-end and luxury segment led Q3 launches with a 51% share, slightly surpassing the mid-segment at 49%. Capital values grew 1-2% q-o-q, with steady appreciation in East, South-East, and North submarkets. Rentals remained stable q-o-q.

Bengaluru Industrial Report
Bengaluru saw 1.7 MSF of warehouse leasing in H1-25, dominated by the western corridor, comprising 50% share. E-commerce firms led with 46% share. The city recorded 2 MSF of warehouse supply addition with land prices rising 9-10% y-o-y. 1.6 MSF of industrial leasing was recorded – a 2.5X jump over same period last year – dominated by energy and aerospace firms, comprising 35% share.
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