{"id":4357,"date":"2026-10-01T11:55:59","date_gmt":"2026-10-01T06:25:59","guid":{"rendered":"https:\/\/www.crematrix.com\/blog\/?p=4357"},"modified":"2026-10-01T11:56:00","modified_gmt":"2026-10-01T06:26:00","slug":"indias-office-rental-market-records-steady-growth-in-q2-2026","status":"publish","type":"post","link":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/","title":{"rendered":"India\u2019s Office Rental Market Records Steady Growth in Q2 2026"},"content":{"rendered":"\n<p>The India office rental index Q2 2026 report shows continued growth in the second quarter of the year. The latest <a href=\"https:\/\/www.crematrix.com\/research\/report-details\/308\/iimb-cre-matrix-commercial-property-rental-index-for-offices-q2-2026\">Commercial Property Rental Index for Offices \u2013 Q2 2026<\/a>, by CRE Matrix in association with IIM Bangalore, tracks rental movements across India&#8217;s major office markets. The report covers 10 Tier-1 cities and 46 macro-markets, offering insights into rental trends across Grade A and A+ office properties.<\/p>\n\n\n\n<h2><strong>India\u2019s Office Rental Market Shows Steady Momentum<\/strong><\/h2>\n\n\n\n<p>India\u2019s office rental index increased 0.9% quarter-on-quarter in Q2 2026. It also recorded 3.9% year-on-year growth during the quarter. The index\u2019s three-year CAGR stood at 4.4%, while its five-year CAGR reached 4.8%. These figures provide a broad view of rental movement across India\u2019s major office markets.<\/p>\n\n\n\n<h2><strong>A Closer Look at India\u2019s Office Rental Market<\/strong><\/h2>\n\n\n\n<p>The report highlights rental movements across established business districts and developing office locations. Some macro-markets recorded stronger growth than their wider city-level averages. Others showed more moderate changes over the same period. The following city-wise overview highlights selected figures from the report. Readers can explore the full report for detailed data across all covered markets.<\/p>\n\n\n\n<h3><strong>Delhi<\/strong><\/h3>\n\n\n\n<p>Delhi recorded the highest three-year rental CAGR among the cities covered in the report, at 14.7%. The Delhi CBD recorded a 27.4% year-on-year increase in Q2 2026. South Delhi also registered strong movement, with rents rising 20% year-on-year.<\/p>\n\n\n\n<h3><strong>Mumbai<\/strong><\/h3>\n\n\n\n<p>Mumbai recorded a three-year rental CAGR of 10.4%. It was the only city to record rental growth in all 12 quarters covered. The Western Suburbs recorded a 24% year-on-year increase in Q2 2026.<\/p>\n\n\n\n<h3><strong>Hyderabad<\/strong><\/h3>\n\n\n\n<p>Hyderabad recorded 12.3% year-on-year rental growth in Q2 2026. Peripheral East recorded a 16.3% increase, while Gachibowli registered 14.7% growth. These figures highlight differences in rental movement across the city\u2019s office districts.<\/p>\n\n\n\n<h3><strong>Bengaluru<\/strong><\/h3>\n\n\n\n<p>Bengaluru\u2019s Whitefield macro-market recorded a three-year rental CAGR of 23%. This was a notable long-term growth figure among the locations covered. It highlights the value of examining rental trends at the macro-market level.<\/p>\n\n\n\n<h3><strong>Chennai<\/strong><\/h3>\n\n\n\n<p>Chennai\u2019s Northern Suburbs recorded a 45.8% year-on-year rental increase in Q2 2026. This was one of the most notable location-level movements in the report. It adds to the variation seen across India\u2019s office markets.<\/p>\n\n\n\n<h3><strong>Gurugram<\/strong><\/h3>\n\n\n\n<p>Gurugram recorded a three-year rental CAGR of 8.5%. This figure reflects rental movement over a longer period. It also provides a point of comparison with other major office markets.<\/p>\n\n\n\n<h3><strong>Navi Mumbai<\/strong><\/h3>\n\n\n\n<p>Navi Mumbai North recorded a three-year rental CAGR of 3.7%. The figure offers a location-level view within the wider Mumbai office market. It also highlights differences between office districts in the region.<\/p>\n\n\n\n<h3><strong>Thane<\/strong><\/h3>\n\n\n\n<p>Thane City recorded a three-year rental CAGR of 2.9%. Its five-year CAGR stood at 4%. These figures provide a longer-term view of rental movement in Thane.<\/p>\n\n\n\n<h3><strong>Noida<\/strong><\/h3>\n\n\n\n<p>Suburban Noida recorded a three-year rental CAGR of 7.0%. This offers a snapshot of rental growth in the region\u2019s office market. It also contributes to the wider comparison across major cities.<\/p>\n\n\n\n<h2><strong>What the Rental Trends Reveal Across Cities<\/strong><\/h2>\n\n\n\n<p>The figures show that rental movements differ across India\u2019s major office markets. Delhi recorded the highest three-year city-level CAGR, while Mumbai showed growth in every quarter covered. At the macro-market level, Whitefield and Chennai\u2019s Northern Suburbs recorded notable increases. These differences highlight how rental performance can vary by location and measurement period. Comparing city-level and macro-market figures gives readers a clearer understanding of these patterns.<\/p>\n\n\n\n<h2><strong>Rental Growth Reflects Different Market Conditions<\/strong><\/h2>\n\n\n\n<p>India\u2019s office rental index brings together movements across established and developing office locations. The quarterly and annual figures capture shorter-term changes, while CAGR offers a longer-term view. Together, these measures help explain how rental trends have developed across different markets. They also show why individual office locations can move differently from their broader city averages.<\/p>\n\n\n\n<p>Make smarter commercial real estate decisions with CRE Matrix. Get a closer look at how our data and insights can support your business.<\/p>\n\n\n\n<p> <a href=\"https:\/\/www.crematrix.com\/#schedule_demo\">Book a demo now<\/a>!  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The India office rental index Q2 2026 report shows continued growth in the second quarter of the year. The latest Commercial Property Rental Index for Offices \u2013 Q2 2026, by&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4360,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,185],"tags":[5,6,7,4,77],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Office Rental Index Q2 2026: India&#039;s City-Wise Rental Trends<\/title>\n<meta name=\"description\" content=\"CRE Matrix&#039;s India office rental index Q2 2026 tracks rental growth across Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Office Rental Index Q2 2026: India&#039;s City-Wise Rental Trends\" \/>\n<meta property=\"og:description\" content=\"CRE Matrix&#039;s India office rental index Q2 2026 tracks rental growth across Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"CRE Matrix\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/abhishek.k.gupta.1840\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-01T06:25:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-01T06:26:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/09\/Frame-167.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1216\" \/>\n\t<meta property=\"og:image:height\" content=\"832\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abhishek Kiran Gupta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.crematrix.com\/blog\/#website\",\"url\":\"https:\/\/www.crematrix.com\/blog\/\",\"name\":\"CRE Matrix\",\"description\":\"A Deep Analytics Platform for Real Estate\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.crematrix.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/09\/Frame-167.png\",\"contentUrl\":\"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/09\/Frame-167.png\",\"width\":1216,\"height\":832,\"caption\":\"Office buildings representing India's office rental index Q2 2026\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#webpage\",\"url\":\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/\",\"name\":\"Office Rental Index Q2 2026: India's City-Wise Rental Trends\",\"isPartOf\":{\"@id\":\"https:\/\/www.crematrix.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#primaryimage\"},\"datePublished\":\"2026-10-01T06:25:59+00:00\",\"dateModified\":\"2026-10-01T06:26:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.crematrix.com\/blog\/#\/schema\/person\/42ca5522d031ca1eeb2e34cbf87ad2c1\"},\"description\":\"CRE Matrix's India office rental index Q2 2026 tracks rental growth across Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and more.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.crematrix.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"India\\u2019s Office Rental Market Records Steady Growth in Q2 2026\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.crematrix.com\/blog\/#\/schema\/person\/42ca5522d031ca1eeb2e34cbf87ad2c1\",\"name\":\"Abhishek Kiran Gupta\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.crematrix.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/04\/20ab75cb7a69e0d1d28d4cd273ef3641dd44a27646442e00bea07a6e9c8b880b-100x100.png\",\"contentUrl\":\"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/04\/20ab75cb7a69e0d1d28d4cd273ef3641dd44a27646442e00bea07a6e9c8b880b-100x100.png\",\"caption\":\"Abhishek Kiran Gupta\"},\"description\":\"CEO and Co-Founder\",\"sameAs\":[\"https:\/\/www.facebook.com\/abhishek.k.gupta.1840\",\"https:\/\/www.instagram.com\/abhishekkirangupta\/\",\"https:\/\/www.linkedin.com\/in\/abhishek-kiran-gupta-466ba64\/\",\"https:\/\/www.youtube.com\/@akg_voiceofrealestate\"],\"url\":\"https:\/\/www.crematrix.com\/blog\/author\/crematrix\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Office Rental Index Q2 2026: India's City-Wise Rental Trends","description":"CRE Matrix's India office rental index Q2 2026 tracks rental growth across Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/","og_locale":"en_US","og_type":"article","og_title":"Office Rental Index Q2 2026: India's City-Wise Rental Trends","og_description":"CRE Matrix's India office rental index Q2 2026 tracks rental growth across Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and more.","og_url":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/","og_site_name":"CRE Matrix","article_author":"https:\/\/www.facebook.com\/abhishek.k.gupta.1840","article_published_time":"2026-10-01T06:25:59+00:00","article_modified_time":"2026-10-01T06:26:00+00:00","og_image":[{"width":1216,"height":832,"url":"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/09\/Frame-167.png","path":"\/app\/public\/blog\/wp-content\/uploads\/2026\/09\/Frame-167.png","size":"full","id":4360,"alt":"Office buildings representing India's office rental index Q2 2026","pixels":1011712,"type":"image\/png"}],"twitter_card":"summary","twitter_misc":{"Written by":"Abhishek Kiran Gupta","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/www.crematrix.com\/blog\/#website","url":"https:\/\/www.crematrix.com\/blog\/","name":"CRE Matrix","description":"A Deep Analytics Platform for Real Estate","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.crematrix.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#primaryimage","inLanguage":"en-US","url":"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/09\/Frame-167.png","contentUrl":"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/09\/Frame-167.png","width":1216,"height":832,"caption":"Office buildings representing India's office rental index Q2 2026"},{"@type":"WebPage","@id":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#webpage","url":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/","name":"Office Rental Index Q2 2026: India's City-Wise Rental Trends","isPartOf":{"@id":"https:\/\/www.crematrix.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#primaryimage"},"datePublished":"2026-10-01T06:25:59+00:00","dateModified":"2026-10-01T06:26:00+00:00","author":{"@id":"https:\/\/www.crematrix.com\/blog\/#\/schema\/person\/42ca5522d031ca1eeb2e34cbf87ad2c1"},"description":"CRE Matrix's India office rental index Q2 2026 tracks rental growth across Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and more.","breadcrumb":{"@id":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.crematrix.com\/blog\/indias-office-rental-market-records-steady-growth-in-q2-2026\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.crematrix.com\/blog\/"},{"@type":"ListItem","position":2,"name":"India\u2019s Office Rental Market Records Steady Growth in Q2 2026"}]},{"@type":"Person","@id":"https:\/\/www.crematrix.com\/blog\/#\/schema\/person\/42ca5522d031ca1eeb2e34cbf87ad2c1","name":"Abhishek Kiran Gupta","image":{"@type":"ImageObject","@id":"https:\/\/www.crematrix.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/04\/20ab75cb7a69e0d1d28d4cd273ef3641dd44a27646442e00bea07a6e9c8b880b-100x100.png","contentUrl":"https:\/\/www.crematrix.com\/blog\/wp-content\/uploads\/2026\/04\/20ab75cb7a69e0d1d28d4cd273ef3641dd44a27646442e00bea07a6e9c8b880b-100x100.png","caption":"Abhishek Kiran Gupta"},"description":"CEO and Co-Founder","sameAs":["https:\/\/www.facebook.com\/abhishek.k.gupta.1840","https:\/\/www.instagram.com\/abhishekkirangupta\/","https:\/\/www.linkedin.com\/in\/abhishek-kiran-gupta-466ba64\/","https:\/\/www.youtube.com\/@akg_voiceofrealestate"],"url":"https:\/\/www.crematrix.com\/blog\/author\/crematrix\/"}]}},"_links":{"self":[{"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/posts\/4357"}],"collection":[{"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/comments?post=4357"}],"version-history":[{"count":3,"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/posts\/4357\/revisions"}],"predecessor-version":[{"id":4368,"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/posts\/4357\/revisions\/4368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/media\/4360"}],"wp:attachment":[{"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/media?parent=4357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/categories?post=4357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.crematrix.com\/blog\/wp-json\/wp\/v2\/tags?post=4357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}