Gurgaon remained the preferred choice for opening offices in the National Capital Region (NCR) among companies, grabbing 51% share or 3.88 million square feet of the total office space leased in the region in 2016, according to a property consultancy.
Noida and Delhi accounted for about 36% and 13% share, respectively, out of the total 7.6 million sq ft office space absorbed in the NCR in 2016, at par with 2015 numbers. While the technology sector remained the key driver of office leasing activity in Gurgaon with a 32% share, the share reduced from the last year’s number of 64%.
In Noida, also the technology sector remained the key demand driver with 60% share.
Read more: Economic Times
