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India's top 8 office markets record second-best annual absorption in 2023

India s top eight office property markets demonstrated robust demand, reflecting economic strength. In 2023, total office transactions grew 15% to 59.6 million sq ft, the second-best historically. Buoyant occupier sentiments led to improved transactions throughout 2023. Despite a 14% YoY decline, Bengaluru led with 12.5 million sq ft transactions. ....

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