Gurgaon tops in office space leasing

Gurgaon has beaten Mumbai and Bengaluru to see the highest absorption of office space in the third quarter of 2015, ensconcing itself as the country’s fastest growing corporate hub.

Among the top 8 cities, Gurgaon grabbed 23% of the total office space leased out in Q3 2015. In terms of area, this works out to 2.1 million square feet, according to a report by US-based realty consultant Colliers International.Gurgaon is followed by Chennai at 20%, Bengaluru 18%, Mumbai 15% and Noida 11%. Pune, Delhi and Kolkata were the other cities on the Colliers list. The report says this upswing in leasing activity  is expected to persist over next two years.

(source: by www.timesofindia.indiatimes.com)

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