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India Business News: NEW DELHI: Office space demand across six major cities continues to be strong, with gross leasing of workspaces set to rise 35 per cent annually in th.
The office market in India is typically driven by cities like Bangalore and Delhi-NCR, forming 59% of the office demand in the last four years, said Colliers. Some large deals closed in the first quarter of 2024 included Tablespace, Samsung, ANSR, and TATA Agratas, leasing large floor spaces upward of 1.5 lakh sq ft across Hyderabad d and Bangalore.
Office space demand across six major cities continues to be strong, with gross leasing of workspaces set to rise 35 per cent annually in the January-March quarter, according to Colliers India. Real estate consultant Colliers India has released the data on the office market for the January-March
The report states that the IT/ITeS sector will be the main driver of the office space demand in 2024, followed by the BFSI, manufacturing and e-commerce sectors., Real Estate News, Times Now
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