Office: New project completions added to the Q1 vacancy rate, which stood at 21.0%, a marginal 20 bps rise from the previous quarter. Despite marginally higher vacancy in the current quarter, net absorption stood at 0.20 msf, lower by 20.4% compared to the previous quarter.
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The first quarter of the year recorded gross leasing volumes of 2.96 msf, a 34% q-o-q growth, as leasing was healthy in select sub-markets and was driven by major transaction closures.
India Office Market Report Q1 2020
India Office Market Report Q2 2020
Reviewing the Union Budget 2021-2022
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