2.1 Million Sq Ft Office Space Absorbed In Mumbai
A report by commercial real estate services provider CBRE South Asia Private Ltd has highlighted that Mumbai recorded a total office space absorption of 2.1 million. sq. ft. and supply of 1.7 million. sq. ft in Q2 2022. The report further says the strong demand for office space in India across major Indian cities in Q2 2022, as leasing activity grew by 61 percent Q-o-Q to touch the highest-ever quarterly office space absorption of 18.2 million sq. ft.