Start-ups to take up nearly 30% of gross office leasing in 2022: Study

Bengaluru leads in terms of space leased by such companies, says JLL report

Start-ups took on lease 6.97 million sq ft of space in the first half of this calendar year and they will continue to be the top such clients for some years, said a report on Tuesday.

Start-ups' share in gross leasing grew from 17 per cent in 2021 to 28 per cent in the first half of 2022. Bengaluru, Delhi National Capital Region and Mumbai are India’s top start-up destinations and they are followed by Chennai, Pune, Hyderabad and Kolkata, according to real estate service firm JLL’s report. 

Global and domestic investors are investing money in the sector because of