India Office Market on a Higher Growth Trajectory

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Investment in the real estate sector is expected to be about $6.5 billion in 2019, where office space investment is gaining the maximum share. Both foreign and Indian investors are showing a keen interest in the commercial office space Gurgaon sector which indeed is witnessing a considerable demand with gross absorption of approximately 50 million sq. Ft was perceived in 2018 in major cities in India.

The net absorption in the 1st three quarters of 2019 across the top seven cities in the country surpassing the level achieved in 2017 & 2018, the office market in India continues to grow at the rapid pace. The new completion in this period is already surpassing the level which determined in the last three years.

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