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Office space leasing across India s six major cities likely to grow 22% in 2021, says report

ET Services NEWS Powered by Office space leasing across India s six major cities likely to grow 22% in 2021, says report SECTIONS Office space leasing across India s six major cities likely to grow 22% in 2021, says reportBy Share Synopsis Of the major cities, the country’s financial capital Mumbai is likely to post the highest on-year growth in leasing activity at 5.5 million sq ft in 2021 against 2.9 million sq ft absorption clocked in 2020. ThinkStock Photos Office space absorption across India’s six major cities is expected to touch 41.3 million sq ft in 2021 marking a growth of 22% from last year despite the disruption caused by the pandemic in the last few quarters, said international property consultant Savills India.

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बजट 2021: रियल एस्टेट सेक्टर पर भी कोरोना की तगड़ी मार, क्या हैं बजट से उम्मीदें?

बजट 2021: रियल एस्टेट सेक्टर पर भी कोरोना की तगड़ी मार, क्या हैं बजट से उम्मीदें?
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Office space absorption down 51% in 2020; Bengaluru, information technology show resilience

Office space absorption down 51% in 2020; Bengaluru, information technology show resilience SECTIONS Share Synopsis After a record high in 2019, overall office leasing in 2020 saw a drop of almost 51% as compared to the previous year. While office absorption in 2019 stood at 55.7 million sq ft and 57.7 million sq ft including pre-commitments, the previous year saw around 47.3 million sq ft, said international property consultancy firm Savills India. MUMBAI: Office space absorption across India’s six major cities in 2020 stood at 27.4 million sq ft, led by Bengaluru in regions and information technology among sectors showing strong resilience amid the global pandemic that severely impacted business activities across sectors

Andhra pradeshTamil naduArvind nandanAnurag mathurFinancial servicesManaging directorஆந்திரா பிரதேஷ்தமிழ் நாடுஅரவிந்த் நந்தன்அனுராக் மாதூர்நிதி சேவைகள்நிர்வகித்தல் இயக்குனர்