While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. [...]
Posts Tagged ‘commercial space’
DLF Targets 15% Growth in Rental Income This Financial Year
Posted by propertyagentsindia on June 5th, 2010
DLF is planning to lease out up to 4 million square feet of commercial space and raise its rental income by 15 per cent in this financial year. “Leasing volumes of commercial space have improved in better locations. However, it is not the same as it was in 2007, but higher than 2009,” said Ramesh [...]


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