17.12.2010 - India added more than 55 mn sq ft of office space in 2010
From Indianexpress.com: Mumbai will lead the Indian office supply market with more than 25% share in the year 2011-2012, according to CB Richard Ellis India with Bangalore and NCR following at 19% and 17% market share respectively. According to a real estate market overview and outlook presented by CB Richard Ellis India, the country added approximately 55 million sq.ft. of office space in 2010 and is expected to add approximately 50 million in 2011-12. Additionally, real estate transactions which were on the rise in 2010, post the downturn in 2009, will continue to increase in 2011 as well..............................................Full Article: Source
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