India, Dec. 24 -- The Indian office market segment leased over 71.5 million square feet (msf) for the year, a 6% increase compared to the previous year, driven by occupier confidence and the expanding footprint of global capability centres (GCCs), according to a report by Colliers India.
Bengaluru led the leasing with 22.1 million sq ft of leasing, accounting for nearly one-third of the total demand, while Delhi NCR, Hyderabad, Chennai, and Mumbai each contributed around 10 million sq ft or a 13-16% share, it said.
"The Q4 quarter witnessed an all-time high leasing activity of 20.6 million sq ft, representing a 20% increase over the previous quarter. In fact, Bengaluru saw its highest-ever quarterly leasing of 8.1 million sq ft, followe...
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