Office space leasing rises by 23% in March quarter, says report
Updated : May 02, 2018 07:06 PM IST
Bengaluru continued to grab the highest share, accounting for 34% of the total leasing volume, followed by the National Capital Region (NCR) at 26%, Pune at 16%, Mumbai at 10%, Chennai at 9%, Hyderabad at 4% and Kolkata at 1%, Colliers International said in its report.
The report opined that although more than 30 million sq ft of Grade A supply is scheduled for completion in 2018, real estate developers should adhere to the planned timelines to maximise the benefit of the present supply crunch in technology-driven cities.
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