New Delhi, May 1 -- Hyderabad reported 59.0 Mn sq ft of new completions and 48.5 Mn sq ft of absorption since 2020. The trend of new completions surpassing absorption for five consecutive years has led to a significant rise in vacant office stock. As of Q1 2025, the city holds 28 Mn sq ft of vacant stock, the highest among the top seven cities. Despite robust demand, the stock is expected to rise further in 2025 on the back of a strong pipeline of upcoming supply in the city. However, pan-India construction activities slowed down by 39% on quarter and 12% over the previous year, reaching 9.50 Mn sq ft in Q1 2025. This slowdown can be attributed to the absence of new supply in Hyderabad and minimal supply additions in Chennai, Mumbai, and Ko...