Top cities to see 8-year high in office absorption in 2019, says JLL

The country’s top seven cities are, says a study, expected to see an eight-year high in the coming year in absorption of office space.

The cities are Delhi/NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, and Kolkata. The study is by proprty consultants JLL. A little over 37 million sq ft is expected to get absorbed in these cities, earlier seen in 2011, it said. “During the next two years (2019 and 2020), these seven markets are expected to witness net absorption of over 76 mn sq ft. We expect 126 mn sq ft of robust supply in the next three years, based