India, April 25 -- Corporates across Bengaluru, Mumbai, and Delhi-NCR have pre-committed to nearly 10.8 million sq ft of office space across 38 deals in the six months ending March 2025, according to a report by Anarock.
As quality Grade A office supply has been dwindling in the past two years, many corporates have resorted to signing pre-commitment deals with real estate developers, Anarock said.
The report said Bengaluru led with about 5.7 million sq ft of space under pre-commitment deals, accounting for 53% of the total. Mumbai followed with 3.1 million sq ft (29%) and NCR with 2 million sq ft (19%).Also Read: NCR real estate update: Greater Noida records highest property price surge with 98% increase over past five years
Pre-commit...
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