Allianz and Embassy group signed up for leasing out 463,704 sqft of the Grade A office space and the deal marked the largest single office lease transaction in the state.
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
