 "Office space, workplace, workpace, co-working space")
The adoption of activity-based working, hotdesking and targeted mobility has gained momentum post pandemic. As a result, office space absorption is expected to touch 53-57 million sq. ft. by the end of 2022. Moreover, flexible space stock in India is also estimated to cross 80 million sq. ft. by the end of 2025, CBRE-CII report said.
Second quarter of 2022 witnessed record leasing activity as space take-up grew by 220% year on year (YoY) to 18.2 million sq. ft. In the first half (H1) of 2022, 29.5 million sq. ft. of leasing activity was recorded registering a growth up by
