Commercial leasing activity has grown by almost 16% y-o-y from 35.4 million sq. ft. in 2020 to more than 41 million sq. ft. during 2021, with Bengaluru, Hyderabad and Delhi-NCR together accounting for 70% of the leasing activity
The annual commercial leasing in 2020 is expected to clock 24-25 million sq ft across major Indian metro cities which is 30 percent higher than the global financial crisis, a report has said
