South India driving office property market recovery The Economic Times
Southern India is seen leading the expected recovery in the country’s office property market, with metros like Bengaluru, Hyderabad and Chennai accounting for nearly 60% of the total space requirement by the end of 2025, according to real estate management firm JLL. The first quarter of 2024 saw demand for about 30 million sq ft of new office space, of which Bengaluru accounted for around 44% of this demand, said Jones Lang LaSalle (India) in response to an ET query.