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
The Colliers-Awfis joint report explores the status of return to work across different sectors. It delves into how occupiers are likely to choose distributed workspaces and devise flex space strategies by understanding their current usage patterns and preferences
• Industrial and logistics investments highest in 5 years at USD1.1 bn
• Residential investments highest in 4 years at USD0.9 bn
• Investments into alternate assets up 26% YoY
Among upcoming Indian submarkets, Colliers highlights Whitefield and North Bengaluru in Bengaluru, Peripheral Business District in Hyderabad, and Noida Expressway and Golf Course Extension Road (Gurguram) in Delhi NCR, among others.
This strategic move by Colliers serves as an example of a successful space strategy when it is time to re-think, re-imagine and re-create the habitable spaces.