During 2019, the net office space leasing rose by 40 per cent to an all-time high of 46.5 million square feet as against 33.2 million sq ft in 2018.
Delhi-NCR's share in total net office space leasing and new supply across seven major cities stood at 23 per cent and 26 per cent, respectively
Industry leaders say segment needs impetus from govt to develop new IT space to meet challenge
The office space leasing start-up plans to set up 12 co-working centres in the next 12 months
At the same time, going by the new launches during H1 2019, which stood at 24.3 million sqft as against 21 million sqft in H1 2018
According to the data, Bengaluru, Hyderabad, NCR and Mumbai accounted for about 80 per cent leasing of office space during the first six half of this calendar year
Bengaluru maintains the top position in office space leasing, driven by the technology and manufacturing occupiers
Technology has changed the way people work but workplaces have remained the same for a decade, says Praveen Rawal