What distinguishes the current surge is its geographic spread. “India’s office leasing momentum is no longer confined to metros, it’s cascading into tier-2 cities like Indore,” observes Manoj Dhanotiya, founder & CEO, Micro Mitti. With rental yields of 6–7% and annual appreciation of upto 15% in prime areas, Indore is attracting GCCs, IT-BPM players, and flex space operators. Dhanotiya emphasises the city’s cost advantage, 30–40% lower than Bengaluru or Pune, making it a magnet for scalable growth.