In 2019, the co-working operators had leased 8.1 million sq ft office space across six major cities — Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Chennai and Pune.
Bengaluru has low vacancies that will enable absorption of upcoming supply. Its rentals are lower than global markets and its large talent pool should help quicker market revival
The Bengaluru market is expected to experience a rise in rental values in the next year while Mumbai and NCR are expected to remain stable in rental values.
