Global uncertainties hit office demand, gross leasing down 19% in January-March across 6 cities: Colliers India

Global uncertainties hit office demand, gross leasing down 19% in January-March across 6 cities: Colliers India

India’s office demand has been affected by global economic uncertainties with gross leasing of workspace falling 19% in January-March across six major cities, according to Colliers India. Real estate consultant Colliers India on Saturday released data on the office market, which showed that the gross leasing fell to 10.1 million square feet in January-March from […]

Continue Reading
Global uncertainties hit office demand, gross leasing down 19% in January-March across 6 cities: Colliers India

Office leasing set to rise 52% this year across top 6 cities; demand may drop 30% in 2023: Colliers India

Leasing of office space across six major cities is likely to rise 52% to 50.1 million sq. ft in 2022 on better demand but absorption may fall to 35-38 million sq. ft next year with corporates being cautious, according to Colliers India. According to its data, the gross leasing of Grade-A (premium) office space in […]

Continue Reading