Office space leasing peaks in 2024
Financial Express Ahmedabad|January 08, 2025
DEMAND FOR OFFICE space across eight major cities was at an all-time high during last year, beating previous high in pre-COVID year 2019, according to Knight Frank.
PRESS TRUST OF INDIA

During 2020 and 2021 calendar years, the office space demand had plunged due to the outbreak of Covid pandemic.

Total office space absorption during the 2024 stood at an impressive 719 lakh square feet, surpassing the previous peak achieved in pre-pandemic 2019 by 19%.

On a year-on-year basis, office space transactions in 2024 recorded a 21% growth compared to 2023.

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