Mumbai leads office leasing in India in Q3 of CY2023
Mumbai has experienced the highest office space absorption in Q3, with 3.5 million square feet of gross leasing volume (GLV), according to Cushman & Wakefield. Delhi-NCR follows with 3.4 million square feet, while Hyderabad and Bengaluru are third and fourth. The office segment in India is undergoing changes in occupier demands, and the country is attracting business expansion.
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