Hyderabad: Hyderabad, which has emerged as one of the top office markets in the country, is likely to witness 8 mn sq ft of office space absorption this year, comparable to the pre-pandemic leasing that the city has seen. The city is estimated to have pre-commitments of 1 mn sq ft in buildings nearing completion […]
New office space supply was less impacted than the demand, which fell by around 45-50 per cent with corporates deferring their expansion plan and adopting work-from-home policy for employees.