Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Hyderabad leads India’s green office leasing in 2024, with 68% of its leasing activity in green-certified spaces. Nationwide, green-certified offices account for 66% of Grade A stock. The demand for sustainable buildings is rising, driven by higher occupancy, rental premiums, and a push for energy efficiency across various sectors.
READ MOREIndia’s office space supply reached a record 515 lakh square feet in 2024, with leasing activity hitting 707 lakh square feet, driven by demand from IT-ITeS and global capability centres. While Chennai’s supply declined, Hyderabad, Bengaluru, and Delhi-NCR saw significant growth. The IT sector continues to lead leasing activity.
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