India Market Watch | Office H1 2024
Our latest report, India Market Watch | Office H1 2024, throws light on the key trends witnessed across India’s office market in H1 2024 and covers the cities of Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune.
Key Highlights:
-The six key office markets of India recorded a gross demand of 34.8 mn sq. ft., a new historic peak registering 29% annual growth.
-Bengaluru and Mumbai continued to be among the top-3 markets, with Hyderabad making it to the list.
-The tech sector led leasing activity with a 39.3% share in overall absorption, followed by BFSI at 16.9% and flexible workspaces at 13.9%.
-Large deals (over 100,000 square feet) remained dominant in overall leasing activity, contributing 43% of all transactions.
Read more insights in our report. Download it today!