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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Could Buying Archer Aviation Today Set You Up for Life?
Archer Aviation is developing flying taxis, specifically the Midnight aircraft, which can transport up to four passengers over 50 miles with minimal noise, making them suitable for urban environments. The company is set to begin commercial operations later this year, first in Abu Dhabi, with plans to expand to U.S. cities. However, significant risks remain, including safety concerns and the potential for financial losses, as the air taxi market's viability is still uncertain despite optimistic...
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