Space rented by e-commerce players in Bengaluru fell a steep 95% to 1,40,000 sq ft in the first half of 2016 over the same period last year. Just four transactions were reported with online travel portal MakeMyTrip and online bus tickets platform redBus being the two companies that leased out office space, according to a property consultant firm. In the first six months of 2015, the e-commerce sector accounted for 3.25 million sq ft or about 53% of the total office space transacted in Bengaluru; this year the share is less than 3%.
Read more: Financial Express
