By, Mr. Shekhar Pate, MD and CEO, Ganesh Housing Limited.
“The RBI’s decision to hold the repo rate steady signals confidence in India’s growth trajectory while maintaining inflation discipline, creating a stable monetary backdrop for long-term capital deployment. Coupled with the Union Budget’s sustained push on infrastructure and industrial expansion, this has reinforced occupier confidence in Grade A office assets. While Mumbai, Bengaluru and NCR continue to anchor demand, pricing maturity in these markets is nudging occupiers and investors towards emerging mini-metros such as Ahmedabad, Hyderabad and Pune.
Ahmedabad, in particular, is emerging as a compelling office market, underpinned by the bullet train corridor, metro expansion, industrial clustering and strategic SEZ developments, including the Sanand semiconductor ecosystem. Strong GCC-led absorption across these cities is translating into consistent leasing velocity, positioning them as credible, future-ready alternatives to saturated metros with the potential to deliver stable yields and long-term value across India’s commercial real estate landscape.”