The GCC Shift: BFSI Firms Take the Lead in Indian Office Leasing The Indian commercial real estate market is experiencing a significant trend shift, as businesses beyond traditional IT ITeS firms begin to dominate office leasing.
According to Knight Frank India's data, between January and June 2026, BFSI companies leased over 7.
32 million square feet of office space across eight major cities, representing a 70% increase from the same period last year. This surge in leasing activity has seen BFSI companies account for 36% of the total 20.