RBI’s Steady Repo Rate Boosts Confidence in India’s Emerging Office Markets

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.”