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Office space absorption rises 14% in second quarter over top 7 cities: JLL | News

2 October 2024
in Business
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Office space absorption rises 14% in second quarter over top 7 cities: JLL | News
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Net absorption of office space in seven major cities increased by 14% annually during July-September, with a total of 12.16 million square feet occupied. Bengaluru, Chennai, Delhi, Mumbai, Pune, and Kolkata all experienced growth in net absorption, while Hyderabad saw a decline. Overall, net absorption for the first nine months of the year was up 19% year-on-year, indicating sustained growth and increased demand for office space in India.

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Tags: absorptioncitiesJLLNewsOfficeQuarterrisesSpacetop
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