Bengaluru MarketBeat Reports
Suvishesh Valsan • 03/07/2025
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
In Q2-25, Bengaluru residential market recorded launches of 12,038 units. The south, southeast and southwest submarkets cumulatively comprised ~55% of quarterly launches. North Bengaluru contributed 27% to the quarterly launches while the East submarket comprised 18%. The high-end and luxury segment dominated with a 57% share, followed by the mid-segment, accounting for 43%. Average city-wide capital values posted marginal growth of 1-2% while rentals remained unchanged.
Bengaluru Industrial Report
Bengaluru saw 1.8 MSF of warehouse leasing in H2-24, with the full year ending at a record high of ~5 MSF. Eastern corridor dominated with 39% share followed by the western corridor (35% share). 3PL operators contributed over 50%, followed by retail (25%) and manufacturing (18%). The city recorded supply addition of ~2 MSF. Industrial leasing stood at just over 0.2 MSF for H2 with annual leasing at 0.8 MSF. North Bengaluru contributed 41% of annual leasing. Headline industrial rentals increased 3-4% y-o-y.
India Capital Market Report
Cushman & Wakefield India Capital MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
RELATED INSIGHTS
Research
Premiumisation of India's Retail Sector: Upscaling, Upgrading and Evolving
A young population and its growing wealth are catalysts for India’s retail sector to transition towards Premiumisation.
Suvishesh Valsan • 15/04/2025
Research • Workplace
REWORKING the Office Asia Pacific
Our ‘REWORKING’ series examines decision-making for occupiers under four key considerations: Cost, Carbon, Culture and Community – under which the changing demands, needs and impacts on office spaces and strategies can be examined.
Khurshed Gandhi • 03/11/2023
Insights
Trends to look out for in Warehousing & Logistics industry in 2021
Warehousing is the nerve centre of the logistics industry. The industry creates time utility and bridges the time gap between the production and consumption of goods.
Abhishek Bhutani • 21/01/2021