Office leasing across top 6 markets up 16% annually at 15.8 mn sq ft in Q2 2024; Mumbai and Bengaluru drive demand Hindustan Times
At 15.8 million square feet, office leasing in India grew 16% year-on-year across the top-6 markets during the April-June period of 2024. Mumbai and Bengaluru drove the office demand with 52% share, according to a new report released by property consultancy Colliers. The six markets under review include Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune. As per the report, Bengaluru and Mumbai led demand during the second quarter of the 2024 calendar, collectively accounting for 52% of the overall leasing activity during the period.
