Office market sees record demand surge: Biggest deals in Bengaluru, MMR

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Office market sees record demand surge: Biggest deals in Bengaluru, MMR - Business Standard

Quick Summary:

IT/ITES and BFSI remain the key demand drivers, with co-working also gaining momentum.

Similar to demand, the 37.4 million sq feet of completions during the first three quarters of 2024 were led by Bengaluru and Hyderabad.

Flex spaces growth to continue: As flex spaces continue to transform from niche to mainstream, they are likely to increasingly define the contours of Grade A office spaces in India.