Browsing: Bengaluru commercial property

Reports Office Space Bengaluru, North Bengaluru Office supply, Colliers report on office space, Grade A office space in Bengaluru, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in office space, Investment in property

North Bengaluru holds 4 million sq ft of Grade A stock

Currently, there is 4.0 million sq ft of operational Grade A office stock and an additional 5.7 million sq ft of new supply scheduled through 2021. As per Colliers Research, occupiers are considering North Bengaluru for expansion and consolidation as infrastructure improves in the area and supply becomes available.

Market Rating Bangalore City, Bangalore real estate market, India real estate news, Indian property market, NRI investment in Bangalore, Housing demand in silicon valley, Track2Realty

What makes Bangalore attractive business destination?

An analysis by Track2Realty vis-à-vis the volume of office space consumption per household – not only in India but also internationally in London, Singapore, New York, Tokyo etc concludes that there is equilibrium when the office space consumption is around 60-65 sq feet per household. In India it is rather surprising that the ratio per household even in a city like Mumbai is 25 sq feet. Kolkata has a dismal only 14-15 sq feet office space per household. In Delhi-NCR it is again 20-25 sq feet per household.