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Hyderabad leads office space growth in South, Bengaluru still leads market

Chennai may see an estimated 15 million sq ft of office space to get absorbed in the next five years creating close to 2,00,000 new white collar jobs in the city

Office rental. Image: iStock
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Office rental. Image: iStock

Gireesh Babu Chennai
The growth of office space in South India for the next five years is pegged to be at around 100 million square feet of Grade A office space, according to industry experts. The growth is seen to be led by Hyderabad, which would see 78 per cent addition to stock. Chennai will see the second-largest growth rate in South India with 41 per cent growth while Bengaluru may see a 33 per cent over the period. 

Bengaluru has 108 million square feet, Chennai has 58 and Hyderabad 49 million square feet of Grade A office stock in 2017, according to

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First Published: Mar 28 2018 | 10:48 PM IST

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