Gurugram's total office stock has crossed 100 million sq ft, making it North India's largest office market, according to CBRE, which expects the city to reach 120-125 million sq ft by 2030.
Gurugram didn't get here overnight. It took a decade of steady leasing, fresh construction and a lot of patient investment. But the city has now crossed a real threshold: its total office stock has passed 100 million square feet, according to CBRE's latest report, Corridors & Clusters: Driving Haryana's Next Growth Phase. That makes Gurugram the largest office market anywhere in North India. Not close to the largest. The largest.
The pace behind that number is worth sitting with for a second. Between 2021 and the first quarter of 2026, the city leased 40 million square feet of office space while developers added 21 million square feet of new supply. Five years, and the market nearly doubled in relevance. CBRE thinks the growth isn't done either, projecting the city could reach somewhere between 120 and 125 million square feet by 2030.
Since 2018, Gurugram has pulled in close to $6 billion in investment. That's not spread evenly. Land and site acquisitions took the largest share, around half of all capital. Built-up office assets accounted for roughly 38%, industrial and logistics made up about 5%, and everything else split the remaining 7%.
What's changed isn't just the volume of money. It's the kind of assets attracting it. Nearly 59 million square feet of the city's office stock is now green-certified. About a third of it is institutionally owned, meaning professionally managed funds and REITs, not individual landlords. Gurugram alone now accounts for roughly 6% of India's entire REIT stock. International occupiers have leased over 17 million square feet in the past five years too, a sign that global companies still see the city as worth committing to long term.
CBRE flagged something else worth noting: both Indian and global companies are increasingly building large-format campuses here, rather than leasing smaller floor plates scattered across buildings. Foreign universities are showing up in Grade A tech parks too, which wasn't really part of Gurugram's story a few years ago. Abhinav Joshi, CBRE's head of research for India, the Middle East and North Africa, pointed to early interest from sectors like life sciences and aviation, industries that historically had almost no footprint in Gurugram's office market. If that interest holds, it broadens who's actually renting space here, beyond the usual IT and consulting tenants.
Anshuman Magazine, CBRE's Chairman and CEO for India and the wider region, put the shift plainly: Gurugram has gone from an industrial satellite town to a hundred-million-square-foot office market, and it's not just the scale that's changed, the quality has moved up with it.
Office growth this consistent doesn't stay contained to office buildings. It pulls housing, retail and social infrastructure along with it, since people working in these campuses need somewhere to live nearby. At Hommea, we've watched this play out around established Gurugram addresses like Godrej Samaris, where proximity to the city's growing office corridors has kept residential interest steady even as the broader market has had its quieter stretches. A milestone like 100 million square feet isn't just a commercial real estate headline. It's usually a preview of where residential demand heads next.
