[INDIA REAL ESTATE NEWS] Good morning everyone I am Sankhraj from KI-KME.|
Here I have important INDIA economic news to share with you which is as mention under.
MUMBAI: Flexible workspace leasing in 2019 touched an all-time high of 10.8 million sq ft,
up 26% from a year ago led by technology adoption, increased occupancy rates and
growing investments. Among the key markets, Bangalore and Hyderabad accounted for
about half of the flexible space take-up in India.
The overall stock in flexible space market saw a historic increase of about 60% from around
19 million sq ft in 2018 to touch 30 million sq ft in 2019. The flexible space stock was mainly
dominated by Bangalore, followed by Delhi-NCR and Mumbai, showed a CBRE South Asia report.
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/flexible-space-leasing-touches-all-time-high-of-10-8-million-sq-ft-in-2019-report/articleshow/74472523.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Have a nice day.