absorption for office places
According to Cushman & Wakefield, Hyderabad is expected to witness a 48 per cent increase in demand for office space compared to last year. The demand for commercial office space in the city is expected to increase moderately from the next year onwards as the economic conditions improve 2.38 million sq ft of office space [...] Continue Reading »
Mumbai’s real estate market has been going through a dim phase. According to property consultant CBRE’s latest report on office space, vacancy levels in Mumbai’s extended business district Lower Parel have risen to an estimated 46-48 per cent as demand supply gap continued to widen in April-June. Data shows that around 1.1 million sq ft [...] Continue Reading »
The real estate market in Bangalore is showing a downward trend for the residential properties. But the scenario is opposite for office places. Bangalore is recorded highest absorption for office places compared to all major cities. In the financial year 2011-12, more than 13 million sq ft of office spaces are consumed by different companies [...] Continue Reading »
