Decline In Rented Office Spaces In Gurgaon In 2016 PowerPoint PPT Presentations

As we all know, India has seen a significant fall in office space absorption in the first quarter, but the experts say that it’s just temporary, and the sluggishness will end in the coming quarters. As India has been a favorite outsourcing destinations for many multinationals, the commercial real estate market will be back to form very soon.

There has been a visible decline by around 30% in 2016 of the rented out office spaces with technology organizations halving their lease share due to the dearth of supply of quality as per a property consultancy. Irrespective of this, Gurgaon is still said to be the most preferred finance, manufacturing, and IT company’s destination. http://www.favista.com/blog/2017/02/24/decline-rented-office-spaces-gurgaon-2016/