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office market

Office market in top six cities receiving a steady recovery

Office market in top six cities receiving a steady recovery
The office market of the top six cities have been recovering steadily over the last two years, with vacancy levels dropping from 21% in H2 2012 to less than 19% in H1 2014. This has primarily been led by the gradual increase in absorption across the top six cities – Mumbai, NCR, Bengaluru, Pune, Chennai [...] Continue Reading »

For redevelopment in Mumbai, 15,000 acres to be available

For redevelopment in Mumbai, 15,000 acres to be available
According to global realty consultancy Jones Lang Lasalle latest research report ‘Offices 2020,in Mumbai, About 15,000 acres of land will be available for redevelopment which in turn will increase the potential accessibility of quality new supply in the city, Mapping The Future Of The Mumbai Office Market. It added, in Mumbai grade an office supply [...] Continue Reading »

Bangalore office space to witness 50 percent growth by 2016: Report

Bangalore office space to witness 50 percent growth by 2016: Report
Bangalore- Bangalore’s office market which has witnessed an annual growth rate of 12% in the past four years, is expected to touch 100 million square feet by 2016, revealed a report by Jones Lang LaSalle. That is a doubling of the stock in just seven years from 2009, and a 50% expansion to the current [...] Continue Reading »



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