As of November 2022, Mumbai had 4.3 msf stocks of data centres, Delhi-NCR 2.1 msf, followed by Bengaluru with 1.3 msf, according to inputs Colliers shared with Moneycontrol
In its latest report on 'Asia-Pacific Outlook 2023', property consultant Knight Frank said that rent growth in the APAC region is expected to moderate in 2023 as corporate occupiers are looking to optimise overheads and generate savings.
For many, the post-pandemic return to on-site work means daily confinement to sterile, overly air-conditioned, or poorly ventilated workspaces that are harmful to health
The Delhi-NCR office is located in the strategic business area of Gurugram and will help TCMPL further enhance the level of the services offered throughout the country
Hotelisation is now a way to future-proof the existing buildings. It is helping building owners to command higher rents and remain relevant for tenants in a pandemic-like situation.
Flexo began servicing Mumbai coworking spaces before deciding to expand across the country, with the company in talks to grow over the next six to twelve months.
With approx. 6.1 Mn sq. ft. new office completions & approx. 6.08 Mn sq. ft. absorption in H1 FY23, Bengaluru races far ahead in office activity in the period