India's Surging Office Market: A Haven for Global Businesses

India's office market is thriving due to affordable English-speaking talent and quality workspaces, making it a prime choice for global businesses. Despite global uncertainties, the demand remains strong, boosted by supportive policies like GST rationalization and the REIT framework.

India's office market is projecting growth despite global economic challenges, fueled by its unique advantage of affordable English-speaking talent and high-quality workspaces. This combination makes India an attractive destination for international companies looking to establish a presence, according to DLF Ltd's top official Sriram Khattar.

Khattar emphasized this at a CII real estate conference, highlighting the bullish demand for both office and retail spaces. The country's digital infrastructure and competitive costs enhance its appeal amidst global geopolitical shifts, he said.

Industry experts like Knight Frank India note that India's office space has surpassed one billion square feet, ranking it fourth globally in terms of size. The sector's growth is further supported by reforms such as RERA and GST rationalization, which encourage transparency and development.

(With inputs from agencies.)