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• Colliers India has identified India as one of the leading growth markets in the Asia Pacific region across AI adoption, demographic advantage and energy transition-linked commercial real estate demand.
• The consultancy estimates India’s AI market could expand from more than USD 9 billion currently to over USD 500 billion in the coming decades, supported by digitalisation and workforce expansion.
• India contributes nearly one-third of the world’s skilled talent pool, with major cities such as Bengaluru, Hyderabad and Pune emerging as key technology and GCC hubs in APAC.
• Green-certified assets currently account for nearly two-thirds of India’s Grade A office stock, while older office buildings present retrofitting opportunities exceeding USD 5 billion.
• The report also highlighted climate resilience, energy security and shifting global supply chains as major factors reshaping corporate real estate strategies across the region.
Colliers India has stated that India is emerging as one of the key growth drivers within the Asia Pacific region across artificial intelligence adoption, workforce expansion and sustainable commercial real estate development. In its latest global report titled Building Resilience: 5 Megatrends Redefining Corporate Real Estate, the consultancy outlined how long-term structural shifts are reshaping office market strategies and influencing future investment, workplace and location decisions. Advertisement
The report identified five interconnected megatrends affecting global corporate real estate, including AI-enabled workforces, demographic shifts, energy scarcity and security, climate risks and changes in global trade and economic alignment. According to Colliers, these trends are expected to significantly influence occupier preferences and commercial real estate demand across the Asia Pacific region in the coming decades.
Within this broader regional landscape, India has been positioned as a major growth market due to its expanding digital ecosystem, demographic profile and large talent base. Colliers estimated that India’s artificial intelligence market, currently valued at over USD 9 billion, could grow beyond USD 500 billion over the coming decades, supported by increasing adoption of AI technologies, large language models, automation and government-backed digitalisation initiatives.
The consultancy noted that India continues to attract global firms due to relatively competitive office rentals, lower operating costs and the availability of a large and comparatively younger workforce. India currently accounts for nearly 18 per cent of the global population, with a median age of around 29 years.
According to the report, India produces between two and three million STEM graduates annually and contributes nearly one-third of the global skilled talent pool. Major Indian office markets including Bengaluru, Hyderabad, Chennai, Mumbai, Pune and Delhi-NCR were identified among the leading technology talent acquisition markets within the Asia Pacific region.
Arpit Mehrotra stated that India’s demographic advantage and talent availability are expected to support long-term office demand from both domestic and international occupiers. He added that Global Capability Centres (GCCs) are likely to continue driving a significant share of office leasing activity, particularly across research and development, engineering, cloud computing, AI and machine learning functions.
The report also highlighted energy security and sustainability as increasingly important considerations for occupiers and investors. Colliers stated that green-certified buildings currently account for nearly two-thirds of India’s Grade A office stock, making commercial real estate the leading segment in terms of sustainability adoption within the country’s property market.
According to the consultancy, more than 420 million sq ft of Grade A office space in India is over ten years old and presents retrofitting opportunities valued at more than USD 5 billion. Developers and occupiers are increasingly investing in energy efficiency upgrades, renewable energy integration and ESG-compliant infrastructure to improve long-term asset performance and resilience.
The report further noted that climate risks such as heatwaves and urban flooding are likely to influence occupier preferences towards sustainable and climate-resilient workplaces. Simultaneously, shifts in global trade relationships and supply chain diversification are expected to strengthen Asia Pacific’s role as a future growth and investment centre.
Mike Davis stated that Asia Pacific’s growing economic importance will increasingly influence corporate location and investment strategies globally, particularly in areas linked to skilled talent, supply chains and long-term growth planning.
Colliers concluded that organisations adopting flexible workplace strategies, investing in workforce capabilities and embedding resilience into operational decision-making are likely to be better positioned to navigate long-term structural changes affecting global commercial real estate markets.
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