Top Indian cities see 10% hike in office leasing in June quarter: Report

Occupiers remain bullish about the business environment in the country as they continue to expand at a robust pace

Top cities in the country have seen a 10 per cent jump in gross leasing of office properties on a year-on-year basis during the second quarter of 2019, according to a new report. The total area under lease is 13.2 million square feet.

Technology, BFSI (banking, financial services and insurance), and flexible workspace operators continue their expansionary mode, supported by the quality supply infusion in Q2, which rose 67 per cent year-on-year to 10.3 million sq feet, said Colliers International. 
 

“Bengaluru maintains the top position in office-space leasing, driven by the technology and manufacturing occupiers, which had a share of 32