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Mumbai, Bengaluru see spurt in office leasing
Rediff.com

Mumbai, Bengaluru see spurt in office leasing

In 2017, absorption in co-working/serviced offices was 2.83 million sq ft, about 186 per cent higher than that of 1.52 million sq ft in 2016. Mumbai and Bengaluru -- touted as the country’s financial and infotech capitals, respectively -- have seen a sharp spurt in leasing by co-working space providers.   The leasing of co-working space went up about 2.4 times to 550,000 sq ft in Mumbai in 2017 from 160,000 sq ft in 2016, according to property data analytics firm CRE MATRIX. Rediff.com, 2 months ago
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