IT, ITeS occupiers have taken a big leap in office lease transactions in the last 15 years. Office space demand from them increased from 1.4 million sft in 2001 to 15.2 million sft in 2015. With 16.81 mn sft area transacted in 2016, it translates to a 10% increase (y-o-y). Interestingly, Bengaluru and Hyderabad together […]
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