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Veera Babu Talks About India’s Rise as a Global Front Office

Aditi Vij • 26/12/2025
veera babau in the fortune interview

India’s office real estate market continues to demonstrate resilience amid global headwinds, with net absorption this year on track to exceed 2024’s ~50 MSF – a clear signal of sustained occupier demand.

In a recent conversation with Fortune India, Veera Babu, Executive Managing Director, Tenant Representation, highlighted that India is now firmly recognised as a front-office destination, where occupier demand has evolved beyond traditional back-office operations to become a strategic innovation hub for global businesses.

What’s driving this momentum? 
• Pro-investor policies at both central and state levels attracting GCCs and data centres
• Cost arbitrage through deep tech talent and competitive real estate pricing
• Robust power and digital infrastructure, alongside rapid AI adoption
With demand surging, prime markets are witnessing a shortage of quality spaces, pushing rentals higher and driving a rise in pre-commitments – a clear indicator of strong occupier confidence in India’s office market.

Watch the full interview here: India is now the front office of the world.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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