According to Knight Frank India, India’s commercial real estate market has recorded a historic milestone, with total occupied office stock reaching 901.1 mn sq ft as of 30th June 2026. This represents a 6%YoY growth from the 847.0 mn sq ft recorded in H1 2025, underlining strong occupier confidence and continued business expansion across leading eight office markets in the country.
Rumit Parikh, Branch Head (Ahmedabad) & Senior Director- Occupier Strategy and Solutions, Industrial & Logistics and Retail said, “As Gujarat continues to witness economic expansion, there is going to be sustained demand for Grade A office spaces in Ahmedabad. Developers are seen taking positions with new office completions to cater to and support the projected growth in occupier demand. The growth in Ahmedabad’s occupied office stock reflects the city’s strengthening commercial real estate fundamentals and rising occupier confidence.”
About Knight Frank
Knight Frank LLP is a leading independent, global property consultancy. Headquartered in London, Knight Frank has 20,000+ people operating from over 600+ offices across more than 50 territories. The Group advises clients ranging from individual owners and buyers to major developers, investors, and corporate tenants. For further information about the Company, please visit www.knightfrank.com
Knight Frank India is headquartered in Mumbai and has more than 2,000 experts across Bangalore, Delhi, Pune, Hyderabad, Chennai, Kolkata, Ahmedabad, Indore and Kochi. Backed by strong research and analytics, our experts offer a comprehensive range of real estate services across advisory, valuation and consulting, transactions (residential, commercial, retail, hospitality, land, and capitals), facilities management and project management. For more information, visit www.knightfrank.co.in
