Corporates in Bengaluru seem to be scaling up office space in anticipation of letting more of their employees work from office.
Consequently, the city’s office space leasing transactions in the first half of calendar 2023 was highest across top eight cities in the country at 7 million sq.ft, against 6.4 million Sq.ft in the corresponding period a year ago, reported realty advisory firm Knight Frank India on Tuesday.
The city accounted for 27% of the total 26.1 mn sq.ft transacted across NCR, Chennai, Mumbai, Hyderabad, Pune, Kolkata and Ahmedabad.