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Bengaluru’s office space stock to become highest in India by 2030
The report also pointed out that with an average annual absorption of about 15-16 million sq. ft. over the past few years, Bengaluru has also been the front-runner in office absorption as compared with other Indian cities. Technology, engineering & manufacturing and BFSI sectors are expected to be the main demand drivers of office space while life sciences, aviation and automobile are likely to be the emerging sectors that would drive demand.
The report also pointed out that with an average annual absorption of about 15-16 million sq. ft. over the past few years, Bengaluru has also been the front-runner in office absorption as compared with other Indian cities. Technology, engineering & manufacturing and BFSI sectors are expected to be the main demand drivers of office space while life sciences, aviation and automobile are likely to be the emerging sectors that would drive demand.
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