Leasing during the 4th quarter was mainly led by Bengaluru and Delhi NCR, accounting for more than 50% of the total traction, followed by Pune and Mumbai. Quarterly leasing almost doubled, with Gurgaon continuing to lead leasing activity in the NCR, constituting a share of 61%. Rents across micro-markets remained stable with the exception of DLF Cyber City and leasing activity occurred mostly in the form of small-to-medium sized transactions (10,000 – 50,000 sq ft), says the report.
Read more: Hindustan Times
