Hyderabad: This even as markets such as Delhi NCR, Mumbai Metropolitan Region (MMR) and Kolkata have recorded over 16% office vacancies despite significant office demand coming from non-IT sectors such as BFSI as well as manufacturing and industrial sector.
According to ANAROCK, though Bengaluru has the highest Grade-A office stock of around 168 million sq ft (msft) it has office space vacancy of only about 11.25%, even has Hyderabad has the highest vacancy levels of 15% (among the four IT/ITES hubs) though it has a lower about 80 msft.
This story is from the June 22, 2022 edition of The Times of India Hyderabad.
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This story is from the June 22, 2022 edition of The Times of India Hyderabad.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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