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북 뱅갈루루, 2021 년까지 사무실 재고가 140 % 이상 증가 할 것으로 보고 : 보고서 North Bengaluru to witness over 140% increase in office stock by 2021: Report
[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd.
Here I have an important Indian real estate news to share with you which is as undermentioned.



Bengaluru: Micro market of North Bengaluru is emerging as an upcoming office destination, with potential to be the third most preferred location in Bengaluru for occupiers over the next five years, on the heels of ORR and Whitefield.

According to recent research by Colliers International India, new supply of Grade -A office space in the micro market of North Bengaluru is expected to see 140% rise by 2021 to 5.7 mn sft from 4.7 mn sft now. While, the micro market of Whitefield is expected to witness a robust supply pipeline of around 10 million sq ft, the equivalent of 26.0% of citywide Grade A supply.

“We expect Grade A buildings in the area around Hebbal Junction to continue to be in demand due to their proximity to the CBD and ORR while the area around Yelahanka and further north will likely need better social infrastructure and residential density to attract sustained occupier demand,” said Arpit Mehrotra, senior director, office services (Bengaluru and Hyderabad) at Colliers International India.


Read more at:
https://economictimes.indiatimes.com/wealth/real-estate/north-bengaluru-to-witness-over-140-increase-in-office-stock-by-2021-report/articleshow/68300425.cms

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