The commercial office space market in the top 7 cities of India experienced a mixed performance in the fiscal year 2023, with the first half doing much better than the second. According to the latest data from ANAROCK, Hyderabad emerged as the frontrunner, surpassing Bengaluru, with the highest influx of new office supply.
The commercial office space market in the top 7 cities of India experienced a mixed performance in the fiscal year 2023, with the first half doing much better than the second. In FY23, the National Capital Region was close behind with approximately 8.82 million square feet of office space, marking a remarkable 52% annual increase.
