The market, in the open
Where India’s office demand is actually moving — and how Bangalore and Chennai, the two cities we build in, sit within it. Explore the numbers yourself.
Office space absorbed, H1 2026 vs H1 2025
Gross absorption, million sq ft, top cities · hover a bar for detail
Top-7 total · 33.7 → 35.7 msf +6% YoY
The multi-year climb · India office demand (top cities, gross, msf)
10.5msf
H1 2026 absorption +13% YoY
India’s largest and most resilient office market — a record 21.7 msf leased across all of 2024, and still among the fastest-growing this half-year. Our commercial landmark, FOUR·94, sits in West Bangalore.
+12%
Chennai home sales, 2025 (Knight Frank) YoY
Plotted land is bought for the long view, and demand follows infrastructure: the Kanchipuram–Chengalpattu corridor where Salavakkam sits is being shaped by Metro Phase 2 and road widening. Chennai home sales rose about 12% in 2025 (Knight Frank).
1acre
On the horizon Upcoming
An ultra-luxury residential address on about 1 acre. Early planning. No sale is offered yet; we describe it only as far as it is real. See Jodhpur →
The point is not that every quarter rises. It is that demand is real, cyclical and concentrated in exactly the two markets we have chosen — and that we would rather show you the dip than hide it.
Where value is moving — our two markets
Residential prices & plotted-land appreciation · Bangalore & Chennai
+8.3%
Bengaluru prime residential prices, yr to Mar 2025 4th-highest globally
+12%
Chennai home sales, 2025 — the strongest annual growth of the top cities YoY
The two markets Ameya builds in are where value is moving. In Bangalore, prime residential prices rose ~8.3% in the year to March 2025 — the fourth-fastest of any city worldwide (Knight Frank) — while prime office demand hit a record. In Chennai, home sales grew about 12% in 2025 (the top cities’ strongest), with GST-Road and Chengalpattu infrastructure drawing demand to the suburban corridors.
Directional, from Knight Frank, Anarock and local corridor reporting; specific figures vary by micro-market and source. Verify before deciding.
Sources: Colliers India (office gross leasing; full-year 2024 city figures & H1 comparisons); Knight Frank India (residential price growth & home sales); and local corridor reporting for Chennai plotted-land appreciation. Directional, not audited. “Absorption” and “leasing” definitions vary between consultancies, so treat figures as directional, not audited. Last updated Jul 2026.
See the ground we write about.
Everything in the Journal can be checked on a site visit. A named person replies, usually within a couple of hours.
