Hike in demand for office space

Q: Read about leased office space being high in Delhi- comment

Jamuna sikhri, Delhi-NCR

23rd April 2014

Real estate News in Delhi

real estate in delhi

office space in new delhi

real estate in delhi-ncr

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Replies (2)

Hi, As per the news that came in earlier this year and there has been 7% rise in the 7 major cities as the corporates are looking for expansions and so there is demand for office spaces

Gautam Das, Delhi-NCR

13th May 2014

Comment

Hmm.. in general also the economy is expected to grow at a higher rate in 2014 in comparison to the previous years and is further expected to boost the real estate and the office space demand is expected to reach 28.9 million sq ft.

Govinda,

13th May 2014

@ govinda, although there is a rise in demand the rent is not expected to rise earlier in the year and maybe increase moderately in the later half

Harilal, Delhi-NCR

13th May 2014

Yeah the trend has been there for quite some time now, mostly it is because of the demand by the IT companies in the NCR region.

Bhawna, Gurgaon

23rd April 2014

Comment

well in a recent report by Cushman and Wakefileld, the terms of leasing office space jumped almost three folds as compared to the last years data...

Harilal, Delhi-NCR

23rd April 2014

Hi , there are many companies that have come up and being in NCR gives them a leverage also think leasing out is cheaper than getting an own space in Delhi and surrounding areas.

Govinda,

23rd April 2014