India has emerged as the most resilient commercial real estate market in the Asia-Pacific region, outshining traditionally strong players such as Australia and Greater China, according to the latest market sentiment survey by CBRE.

While other markets in the region are showing signs of cooling, India’s property sector continues to attract strong investor and occupier confidence across its core segments—office, retail, and industrial & logistics.

CBRE’s findings point to India’s office market as the standout performer, with sentiment levels soaring above 70% between September 2024 and June 2025—the highest across the region. This strength has been fuelled by active demand from technology giants, financial services firms, and the ever-expanding Global Capability Centres (GCCs). Occupiers are displaying strong appetite for high-quality office spaces, backed by steady rental growth and brisk leasing in major hubs such as Bengaluru, Hyderabad, Delhi-NCR, and Mumbai.

In its separate report tracking India’s office market performance in the first quarter of 2025, CBRE noted a 5% year-on-year rise in leasing activity, with 18 million square feet of space snapped up across nine cities in just three months. While lease renewals remain a major part of the market, fresh leasing, particularly from IT firms and GCCs, continues to play a significant role, standing in sharp contrast to sluggish demand seen in places like Singapore and Korea.

India’s retail property market too, has shown a steady hand. Despite a slight dip in leasing volumes, confidence among retailers remains high. Businesses continue to expand in high-traffic, high-return areas in the country’s main metros—an encouraging sign, particularly when compared to other Asia-Pacific markets where retailers are scaling back or consolidating operations. In India, there is little sign of store closures on a large scale, underlining sustained optimism for retail growth.

What sets India apart, according to CBRE, is that it remains the only market in the region where sentiment remains firmly positive across all three key sectors—office, retail, and industrial & logistics. While some markets have seen enquiries drop off, India continues to benefit from robust interest across technology, banking and financial services, and GCC occupiers.

Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa at CBRE, attributed India’s strong showing to its well-diversified occupier base and a firm footing in technology-led growth.

“India’s consistent performance across office, retail, and industrial sectors positions it as a key pillar of stability in the Asia-Pacific real estate landscape. As global occupiers reassess their regional strategies amidst economic uncertainty, India offers a compelling proposition with its resilient demand, expanding infrastructure, and landlord-favourable dynamics,” he said.